Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
40 BRIGHTON 1ST Road #1A
Interested in this property?
Active For Sale Co-op

$195,000

40 BRIGHTON 1ST Road #1A

Brighton Beach, Brooklyn

BRIGHTON TOWERS

MLS® #RLS20092051

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1

Bath

N/A

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1963
Ownership Co-op
Maintenance $762/mo
Parking Garage
Neighborhood Brighton Beach
Floor 1 of 16

Property Highlights

  • Climate Control: Central Air
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 1 of 16
Cooling Central Air
Pets Yes
Year Built 1963
Parking Garage Available
Structure Type HighRise
Basement Other
Block/Lot 08680/0001

Listing History

Event Date Price Change
Listed May 18, 2026 $195,000 -
Currently May 18, 2026 $195,000 -

Description

Presenting a rare five-unit assemblage opportunity in the heart of Brighton Beach, consisting of five one-bedroom, one-bath residences across 40 Brighton 1st Road and 50 Brighton 1st Road. Offered exclusively as a package deal for $975,000, this investment portfolio includes three units at 40 Brighton 1st Road and two units at 50 Brighton 1st Road. The units cannot be sold individually and will be transferred with all current occupants in place. A pro forma and additional financials are available upon request.

Located within highly desirable full-service luxury co-op buildings just moments from the beach and boardwalk, residents enjoy access to amenities including a 24-hour doorman, outdoor swimming pool, sauna/steam room, fitness center, laundry facilities, storage, recreation spaces, and on-site management. Subleasing is permitted after one year of residency, adding long-term flexibility and investment appeal.

Each unit is being offered significantly below estimated market value, presenting a unique opportunity for investors seeking future upside through both rental income and long-term appreciation potential. Access to the units will only be granted upon an accepted offer. Perfectly positioned near Brighton Beach Avenue, transportation, shopping, dining, and the B/Q subway lines, this is a rare opportunity to acquire scale and long-term value in one of Brooklyn's most established waterfront communities.

Features & Amenities

Interior Features

Building Other

Exterior Features

None

Building Amenities

Bike Storage Indoor Pool

Appliances

Washer Dryer Allowed

Building Information

Building BRIGHTON TOWERS
Building Data View Compliance & Permits
Total Units 448
Stories 16
Structure HighRise

Financial Details

Maintenance $762/mo

Brighton Beach stretches along Brooklyn's Atlantic shoreline with a housing stock that ranges from 1920s Art Deco apartment buildings along Ocean Parkway to postwar co-op towers and newer oceanfront condominiums. The B and Q trains run above Brighton Beach Avenue, providing direct service to Downtown Brooklyn, Midtown Manhattan, and connections across the system. The Riegelmann Boardwalk extends along the waterfront, connecting to Coney Island, while Brighton Beach Avenue below the elevated tracks forms the neighborhood's primary commercial corridor.

Brighton Beach Live Market Data

View Neighborhood

Active Listings

13

Median Asking Price

$799K

Median $/Sqft

$571

Avg Days on Market

N/A

New This Week

3

Price Reduced

38%

Sold (30 Days)

1

Median Sale Price

$855K

Live data from RLS at REBNY • Updated 5/18/26, 6:46 PM EST

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Location

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40 BRIGHTON 1ST Road #1A, Brighton Beach, Kings County

Building Information

Official NYC property records for this building

1963
Year Built
63 years old
16
Floors
448
Residential Units
R7-1
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $20,031,300
Land Value: $1,025,100
Exemptions: $557,461

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 77,620 SF
Building Area: 437,860 SF
Built FAR: 5.64
Allowed FAR: 3.44

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $762 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1963, making it approximately 63 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20092051
First Listed: 5/18/2026
On Market: 5/18/2026
Price Changed: 5/18/2026
Contract Date: 5/18/2026

Listing Courtesy of Douglas Elliman Real Estate - Jason Abrishami

Listing Contact: (516) 238-3520

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/18/2026 at 10:46 PM UTC

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