3024 Brighton 6th Street
Property Description
Prime Brighton Beach 3 Family Investment Opportunity 3024 Brighton 6th Street is a well-maintained semi-detached 3 family property located just off Brighton Beach Avenue. This property presents a compelling opportunity for investors seeking strong in-place income with added flexibility. The building offers approximately 2,300+ sq ft of interior space and features three well-configured 2-bedroom units, a layout that supports consistent tenant demand and stable occupancy. The property is currently fully occupied and in excellent condition, with the potential to deliver a unit vacant if desired. The property generates approximately $90,000+ in annual gross rental income, with operating expenses of approximately $22,000+ including real estate taxes, resulting in an estimated cap rate exceeding 7.5%, a rare return for the Brighton Beach market at this price point. Additional features include a finished full basement with access, a shared driveway, and a detached garage. The property sits on an approximately 20 x 100 lot with R6 zoning. Conveniently located near Brighton Beach Avenue, the property is close to shopping, restaurants, banks, and everyday services. The B and Q subway lines are nearby, providing easy access to Manhattan and throughout Brooklyn.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $899,000 |
| No. of Units: | 3 |
| Year Built: | 1925 |
| Lot Size: | 2,368.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $299,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 3 |
ID: 3yd-BMLSNY-500620
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