Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
404 BRIGHTON BEACH Avenue
Interested in this property?
Active For Sale Mixed Use

$2,699,000

404 BRIGHTON BEACH Avenue

Brighton Beach, Brooklyn

MLS® #RLS20079526

RLS at REBNY

Listing by Corcoran Group

4

Bedrooms

4

Baths

N/A

Sq. Ft.

1927

Year Built

Quick Summary

Bedrooms 4
Bathrooms 4
Lot Size 1,862 sq ft
Year Built 1927
Ownership None
Property Taxes $94,224/yr
Neighborhood Brighton Beach
Floor 1 of 3

Property Highlights

  • Views: Other
  • Climate Control: Other
  • Character: Pre-war building (1927)

Property Details

Type Mixed Use
Ownership None
Total Rooms 12
Baths 4 Full
Floor 1 of 3
View Other
Cooling Other
Pets Yes
Year Built 1927
Structure Type MixedUse
Basement Other
Lot Size 1,862 sq ft
Parcel # 08688-0068
Block/Lot 08688/0068

Listing History

Event Date Price Change
Listed Mar 26, 2026 $2,699,000 -
Currently May 10, 2026 $2,699,000 -

Description

Prime Mixed-Use Investment Opportunity!

Outstanding opportunity to own a great mixed-use building located on a very high foot traffic street in the heart of Brighton Beach, offering exceptional visibility and strong income potential. The property features a high-income-producing commercial space at street level, perfectly positioned to benefit from constant pedestrian flow, along with three income-generating residential apartments above.

This well-balanced asset provides multiple revenue streams, combining a thriving retail component with steady residential rental income. Ideal for investors seeking immediate cash flow and long-term appreciation in a dynamic, high-demand location.

A rare chance to secure a strong investment property in a bustling corridor with consistent activity and growth potential.

Features & Amenities

Interior Features

Smoke Free In Unit

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 3
Structure MixedUse

Financial Details

RE Taxes $94,224/yr ($7,852/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

10

Median Asking Price

$925K

Median $/Sqft

$601

Avg Days on Market

N/A

New This Week

1

Price Reduced

40%

Sold (30 Days)

1

Median Sale Price

$855K

Live data from RLS at REBNY • Updated 5/10/26, 4:07 PM EST

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Location

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404 BRIGHTON BEACH Avenue, Brighton Beach, Kings County

Building Information

Official NYC property records for this building

1927
Year Built
99 years old
3
Floors
2
Residential Units
R6
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $81,720
Land Value: $15,000
Exemptions: $0

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

Lot Area: 1,880 SF
Building Area: 3,621 SF
Built FAR: 1.93
Allowed FAR: 2.43

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 annual property tax is $94,224, or roughly $7,852 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 4 full bathrooms.

According to MLS records, the building was constructed in 1927, making it approximately 99 years old.

This listing is None

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: RLS20079526
First Listed: 3/26/2026
On Market: 3/26/2026
Price Changed: 3/26/2026
Contract Date: 3/26/2026

Listing Courtesy of Corcoran Group - Geraldine N Sargeant

Listing Contact: (407) 488-9776

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 5/10/2026 at 8:07 PM UTC

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