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3018 Coney Island Ave #3, Brooklyn, NY, 11235

7beds
3baths
2,500sqft
$1,099,000
$440price/sqft
$6,904/moest. monthly cost
$276,160/yrincome needed

About This Home

LEGAL 3-FAMILY BRICK HOME Discover a fully updated, legal 3-family brick property offering both comfortable living and strong investment potential. With a generous building size of 19’ x 47’, this property is thoughtfully configured for maximum functionality and income generation. Each unit is separately metered and equipped with its own water heater and gas boiler, ensuring convenience and efficiency for tenants and owners alike. The first floor features a spacious full-floor 2-bedroom apartment with a large balcony—perfect for relaxing or entertaining. The second floor offers a full-floor 3-bedroom residence complete with a private terrace. The walk-in lower level includes an additional 2-bedroom unit along with a dedicated boiler room. All units are currently occupied with stable, reliable monthly income and no leases in place, providing flexibility for the next owner. Located in the heart of Brighton Beach, this property offers the best of coastal city living. Enjoy close proximity to the beach and boardwalk, vibrant local dining, shopping, and cultural attractions. Commuting is seamless with easy access to the B and Q subway lines, as well as nearby B4 and B68 bus routes, making travel throughout Brooklyn and into Manhattan convenient. Whether you’re seeking a solid investment or a multi-generational living opportunity, this property delivers location, lifestyle, and long-term value.

Getting Around

96
WalkingWalker's Paradise
0
TransitVery Limited Transit
70
BikeVery Bikeable

Schools

5/10
4/10

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 2,500
  • Total interior livable area: 2,500 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Balcony
  • Has view: Yes
  • View description: City

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
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Coastal Flooding
Cold Wave
Earthquake
Strong Wind
Winter Weather
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 $5,557$66,684
Home Insurance *$422$5,064
Property Taxes $512$6,144
Electricity $413$4,957
Total$6,904$82,848
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$236,708/yr
40% on housing$207,120/yr
45% on housing$184,106/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

$440This listing

vs Other Active Listings

Avg $/sqft

ZIP 11235$528
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
2026-04-28Listed for sale$1,099,000

For Sale by Agent

AgentIgor Libo
BrokerageIlite Realty Inc

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