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404 Brighton Beach Ave APT 1, Brooklyn, NY, 11235

4beds
4baths
0sqft
$2,699,000
--price/sqft
$16,189/moest. monthly cost
$647,560/yrincome needed

About This Home

Prime Mixed-Use Investment Opportunity! Outstanding opportunity to own a great mixed-use building located on a very high foot traffic street in the heart of Brighton Beach, offering exceptional visibility and strong income potential. The property features a high-income-producing commercial space at street level, perfectly positioned to benefit from constant pedestrian flow, along with three income-generating residential apartments above. This well-balanced asset provides multiple revenue streams, combining a thriving retail component with steady residential rental income. Ideal for investors seeking immediate cash flow and long-term appreciation in a dynamic, high-demand location. A rare chance to secure a strong investment property in a bustling corridor with consistent activity and growth potential.

Getting Around

97
WalkingWalker's Paradise
0
TransitVery Limited Transit
66
BikeBikeable

Schools

6/10
Ps 253Grades K-50.2 mi
5/10
4/10

Construction

Condition

  • Year built: 1927

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 0

Property

Details

  • Special condition: Resale

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Earthquake
    EarthquakeModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Earthquake
Strong Wind
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $13,647$163,764
Home Insurance *$1,037$12,444
Property Taxes $1,259$15,108
Electricity $246$2,954
Total$16,189$194,268
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$555,051/yr
40% on housing$485,670/yr
45% on housing$431,706/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 11235$523
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11235$679
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-28Listed for sale$2,699,000

For Sale by Agent

AgentGeraldine Sargeant
BrokerageCorcoran

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