About 3022 Brighton 8th Street
This well-maintained building in the vibrant Brighton Beach neighborhood of Brooklyn offers a variety of unit types, providing a steady rental income stream. The property includes 8 Single Room Occupancy (SRO) units, 2 private rooms, 1 studio, and 1 two-bedroom apartment. The units generate a total monthly rent of $21,122 and a gross yearly rent roll of $253,464, with a net income of $200,200. Expenses include heat ($8,500), electric ($4,800), water/sewer ($4,800), insurance ($10,000), taxes ($15,000), and repairs ($7,000), for total annual expenses of $50,100. The building features a new roof with solar panels, new plumbing, updated electrical systems and tile throughout. The water heater and boiler are 3 years old. With a cap rate of 9.1%, this property offers a steady cash flow appealing to investors. It's conveniently located near local amenities, transportation, and the Brighton Beach community.
Features of 3022 Brighton 8th Street
| MLS® # | RLS20054555 |
|---|---|
| Price | $2,199,000 |
| Bedrooms | 10 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 2,961 |
| Year Built | 1932 |
| Type | Residential |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 3022 Brighton 8th Street |
|---|---|
| Area | Brooklyn |
| Subdivision | Brighton Beach |
| City | New York City |
| County | Kings |
| State | NY |
| Zip Code | 11235 |
Amenities
| View | Other |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Smoke Free |
|---|---|
| Fireplace | No |
Floor Plans
| Basement | Other |
|---|
Exterior
| Lot Description | 60.00x25.00 |
|---|
Additional Information
| Listing Courtesy of | Revived Residential |
|---|---|
| Date Listed | October 14th, 2025 |
| Days on Market | 30 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Revived Residential |
|---|