**SHOWINGS BY APPOINTMENT ONLY**
Exceptional investment opportunity in the heart of Brighton Beach! This fully renovated legal four-family building offers the perfect combination of strong income potential, flexibility, and turnkey ownership.
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, 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.**
Exceptional investment opportunity in the heart of Brighton Beach! This fully renovated legal four-family building offers the perfect combination of strong income potential, flexibility, and turnkey ownership.
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, 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.**
Property Details
Price:
$2,200,000
MLS #:
502927
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
Multi-Family
Borough:
Brooklyn
Neighborhood:
brightonbeach
Listed Date:
Jul 10, 2026
Finished Sq Ft:
2,160
Year Built:
1932
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address3129 Coney Island Avenue Brooklyn NY
- NeighborhoodBrighton Beach
- CityBrooklyn
- CountyKings (Brooklyn)
- Zip Code11235
Market Summary
Current real estate data for Multi Family in Brooklyn as of Jul 22, 2026
720
Multi Family Listed
129
Avg DOM
628
Avg $ / SqFt
$1,771,708
Avg List Price
Property Summary
- 3129 Coney Island Avenue Brooklyn NY is a Multi Family for sale in Brooklyn, NY, 11235. It is listed for $2,200,000
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