2939 Brighton 8th St Unit 111, Brooklyn, NY, 11235
About This Home
This is an Unfinished building. 1 active sales listing 11 beds, 12 baths STALLED CONSTRUCTION WITH AN EXISTING STRUCTURE Located in a prime area of Brighton Beach – called “Little Odessa” for its close proximity to the beach, ocean, farm-fresh markets & ethnic delicacies. This is Stalled Construction site with existing structure Property will be sold with DOB-approved plans for a rental or condo building, for 6 to 7 apartments The structure is 50% complete & mostly inside work should be done (and some outside work as well) Zoning is R6, with additional air rights already bought ( lots combined ) Located just few blocks away from the beach & great shopping, as well as B & Q train, and Bus 1 & 68 As per building plans – there will be 6 luxury apartments two 1 bedroom & 2 bath units two 2 bedroom & 2 bath units one 3 bedroom & 2 bath unit one 2 bedroom & 2 bath penthouse with a large terrace This property can be built either as a rental or a condo building, and because there is very low inventory in Brighton Beach – these apartments will fly away (once completed). THIS IS A MONEY MAKER FOR A SAVVY BUILDER – WHO CAN COMPLETE THE BUILDING WITH OWN CREW * Please drive-by the area to view the property from outside & to walk thru the neighborhood. * If you have questions or want to discuss price guidance on a possible offer – feel free to call Albert or Leonid. DOB approved plans & other diligence documents are available with an acceptable offer
Getting Around
Walker's Paradise
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 2006
Materials
- Roof: Roof Rights
Type & Style
- Home type: SingleFamily
- Property subType: Rental Unit
Interior
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Interior Area
- Total structure area: 7,545
- Total interior livable area: 7,545 sqft
Property
Details
- Special condition: Resale
Features
- Patio & porch: Other
- Exterior features: Courtyard,Balcony,Garden
- 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
- Coastal Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kings County and New York
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,074 | $84,888 |
| Home Insurance * | $537 | $6,444 |
| Property Taxes | $652 | $7,824 |
| Electricity | $1,246 | $14,962 |
| Total | $9,509 | $114,108 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-09-07 | Price change | $1,399,000 |
| 2024-10-14 | Listed for sale | $1,500,000 |
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