**SHOWINGS BY APPOINTMENT ONLY**
Exceptional **legal four-family investment opportunity** in the heart of Brighton Beach! This fully renovated property offers an ideal combination of strong income potential, flexibility, and turnkey convenience. A fantastic opportunity for investors seeking a low-maintenance, income-producing asset, especially those looking to complete a **1031 exchange**.
The property consists of four well-maintained residential units: one spacious two-bedroom apartment, two one-bedroom apartments, and one studio apartment. The entire building has been extensively renovated and brought up to code, allowing the next owner to step in without the need for additional capital improvements.
All major systems and renovations have been completed (windows, bathrooms, kitchen, electrical) making this a true turnkey investment. The current tenants are on month-to-month leases with rents below current market value, providing an excellent opportunity for future income growth. Whether you're looking to maximize rental income over time or occupy one or more units, this property offers exceptional flexibility.
The building can be delivered with the existing tenants in place for immediate cash flow or vacant, depending on the buyer's preference.
Located in one of Brooklyn's most desirable neighborhoods, you'll enjoy close proximity to Brighton Beach, the boardwalk, public transportation, shopping, restaurants, schools, and all the conveniences the area has to offer. Whether you're an investor seeking long-term appreciation or an owner-occupant looking for additional rental income, this is a rare opportunity in a highly sought-after location.
**All showings are by appointment only. All prospective buyers must provide a mortgage pre-approval letter or proof of funds prior to scheduling a viewing.**
Active
$1,825,000
3129 Coney Island Ave, Brooklyn, NY 11235
5beds
2,160sqft
Multi Family
Built in 1932
-- sqft lot
$1,764,100 Zestimate®
$845/sqft
$-- HOA
What's special
Spacious two-bedroom apartmentStudio apartmentOne-bedroom apartments
- 9 days
- 188
- 8
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Corcoran 718-577-7299,
Soranlly Adames-Lopez
Source: StreetEasy,MLS#: S1853694
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- Central Air
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 2,160
- Total interior livable area: 2,160 sqft
Property
Details
- Parcel number: 087060047
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1932
Community & HOA
Community
- Subdivision: Brighton Beach
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $845/sqft
- Tax assessed value: $547,000
- Annual tax amount: $12,768
- Date on market: 11/5/2026
Estimated market value
$1,764,100
$1.68M - $1.85M
$3,933/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2026 | Listed for sale | $1,825,000-8.7%$845/sqft |
Source: StreetEasy #S1853694 Report a problem | ||
| 10/13/2026 | Listing removed | $1,999,900$926/sqft |
Source: StreetEasy #S1836564 Report a problem | ||
| 8/28/2026 | Price change | $1,999,900-9.1%$926/sqft |
Source: | ||
| 7/14/2026 | Listed for sale | $2,200,000+239%$1,019/sqft |
Source: | ||
| 5/15/2013 | Listing removed | $649,000$300/sqft |
Source: Superior Realty Report a problem | ||
| 5/22/2012 | Listed for sale | $649,000-0.2%$300/sqft |
Source: Superior Realty Service Report a problem | ||
| 12/21/2011 | Listing removed | $649,999$301/sqft |
Source: COLDWELL BANKER HEINO REALTY #365648 Report a problem | ||
| 11/1/2011 | Listed for sale | $649,999-16.6%$301/sqft |
Source: COLDWELL BANKER HEINO REALTY #365648 Report a problem | ||
| 5/15/2008 | Listing removed | $779,000$361/sqft |
Source: VLS Homes Report a problem | ||
| 3/18/2008 | Price change | $779,000-10.4%$361/sqft |
Source: VLS Homes Report a problem | ||
| 3/1/2008 | Listed for sale | $869,000$402/sqft |
Source: VLS Homes Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,770 +2.8% | $246,150 +20% |
| 2024 | $12,427 | $205,200 -2.1% |
| 2023 | -- | $209,700 +20.1% |
| 2022 | -- | $174,600 -14.9% |
| 2021 | -- | $205,200 -4.2% |
| 2020 | $9,850 +3.3% | $214,200 |
| 2019 | $9,537 | $214,200 +202.5% |
| 2018 | -- | $70,812 +7.9% |
| 2017 | $8,343 +6.6% | $65,598 +7.9% |
| 2016 | $7,829 | $60,772 +0% |
| 2015 | $7,829 +54% | $60,747 +3.3% |
| 2014 | $5,084 | $58,815 +8% |
| 2013 | -- | $54,471 +7.9% |
| 2012 | -- | $50,460 +7.9% |
| 2011 | -- | $46,748 +0% |
| 2010 | -- | $46,729 +3.3% |
| 2009 | -- | $45,243 +8% |
| 2008 | -- | $41,901 +7.9% |
| 2007 | -- | $38,816 +7.9% |
| 2006 | -- | $35,960 +0% |
| 2005 | -- | $35,946 +3.3% |
| 2004 | -- | $34,803 +8% |
| 2003 | -- | $32,232 +7.9% |
| 2002 | -- | $29,859 +7.9% |
| 2001 | -- | $27,662 +0% |
| 2000 | -- | $27,651 |
Find assessor info on the county website





