193 Neptune Avenue

Brighton Beach

$1,900,000
Last Sold Price
9
Beds
6
Baths
4,800 Sq. Ft.
$396 / Sq. Ft.
4,800
Sq. Ft.
$396
per Sq. Ft.

Description

Great investment opportunity! Mixed use brick building 1 retail store and 5 family in Brighton Beach. Building size: 20x80. Lot size: 20x88. Tax: $11,822. Zoning R5. New gas boiler and water heater. Excellent condition overall. Gross annual income $115,200. Total annual expenses: $23,782. Net income: $91,418. Cap rate 6%. Situated between Coney Island and Manhattan Beach, Brighton Beach is a vibrant neighborhood also known as Little Odessa and Little Russia. Brighton Beach is home to a close-knit...Great investment opportunity! Mixed use brick building 1 retail store and 5 family in Brighton Beach. Building size: 20x80. Lot size: 20x88. Tax: $11,822. Zoning R5. New gas boiler and water heater. Excellent condition overall. Gross annual income $115,200. Total annual expenses: $23,782. Net income: $91,418. Cap rate 6%. Situated between Coney Island and Manhattan Beach, Brighton Beach is a vibrant neighborhood also known as Little Odessa and Little Russia. Brighton Beach is home to a close-knit community, which offers strong support for an array of local shops, diverse eateries, and spirited nightlife spots. More tranquil than neighboring Coney Island, Brighton Beach offers its own historic boardwalk, where residents and visitors can go for a walk or grab a bite to eat at any of the many cafes and restaurants. The beach is a popular destination in the summertime, and a year-round favorite for locals. Convenient subway access makes getting around from Brighton Beach a breeze.
  1. Listed by Kelly Wu • RE/MAX Edge • Other

Amenities

  • Private Outdoor Space
  • Parking Included
  • Lowrise

Location

Add your commute
LISTING UPDATED: 09/12/2022 04:22 PM

Property Details for 193 Neptune Avenue

StatusSold
MLS ID450984
Days on Market360
Taxes$11,822 / year
Maintenance-
Min. Down Pymt-
Total Rooms15.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1930
Lot Size1,760 SF / 20' x 88'
CountyKings County

Building

193 Neptune Ave

6 Units3 StoriesBuilt in 1930

Location

Add your commute

Building Information for 193 Neptune Avenue

Stories3Residences6Year Built1930Lot Size1,760 SF / 20' x 88'Building Age-Building Type-

Payment Calculator

$11,354 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,369

Property Taxes

$985

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 193 Neptune Avenue

Summary
Location and General Information
  • Block: 7264
  • Number Of Stories: 1
  • Cross Street Name: Coney Island Ave
  • Cross Street Name: Brighton 8th ST
  • Zoning: R5
  • Roof: Asphalt/Tar, Flat
Parking
  • Parking Attributes: Other
  • Parking Feature Single: Street
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 11822.0
  • Gross Expense: 23782.0
  • Gross Income: $115,200.00
  • Cap Rate: .05%
Property
Lot Information
  • Sq Ft Total: 4800
  • Yard: Back
  • Lot Number: 16
  • Lot Size Irregular YN: No
  • Lot Size Length: 88
  • Lot Size Width: 20
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • Hot Water: Gas
  • Utility Expense: 360.0
  • Fuel Expense: 5000.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Semi-Finished
  • Commercial Features Interior: Kitchen, Other
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood, Tile
  • Unit Count: 6
  • Lavatories: Other
  • Construction Materials: Brick
  • Electric: 110 V
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: None
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1600.0
  • Building Length: 80.0
  • Building Type: Attached
  • Building Width: 20.0
Unit 1
  • Unit Category: Store
  • Unit Current Rent: 3800.0
  • Unit Floor: 1F
  • Unit Status: Leased
  • Unit Unit Type: Other
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 750.0
  • Unit Features: Oven/Range,Refrigerator
  • Unit Floor: 1R
  • Unit Rooms Total: 3
  • Unit Status: No Lease
  • Unit Unit Type: 2 Bedrooms
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 800.0
  • Unit Features: Oven/Range,Refrigerator
  • Unit Floor: 2F
  • Unit Rooms Total: true
  • Unit Status: No Lease
  • Unit Unit Type: 1 Bedroom
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 1500.0
  • Unit Features: Oven/Range,Refrigerator
  • Unit Floor: 2R
  • Unit Rooms Total: true
  • Unit Status: No Lease
  • Unit Unit Type: 2 Bedrooms
Unit 5
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 1150.0
  • Unit Features: Oven/Range,Refrigerator
  • Unit Floor: 3F
  • Unit Rooms Total: true
  • Unit Status: No Lease
  • Unit Unit Type: 2 Bedrooms
Unit 6
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Features: Oven/Range,Refrigerator
  • Unit Floor: 3R
  • Unit Projected Rent: 1600.00
  • Unit Rooms Total: true
  • Unit Status: Vacant
  • Unit Unit Type: 2 Bedrooms
Agent
Agent Information
  • Net Operating Income: 91418.0
Sale and Listing
  • Sale Type: Arm's Length
  • Selling Agent MUI: 1959072.0
Rental
Rental Information
  • Insurance Expense: 3000.0
  • Owner Occupied: No
  • Rent Income: 115200.0

Property History for 193 Neptune Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 193 Neptune Avenue

Taxable ValueLand$9,900Additions$315,900Total$325,800
Home Facts
Total Finished SqFt4,800 SqFtLot Size1,759 SqFtYear Built1930ZoningR6APN3072640016

Schools near 193 Neptune Avenue

This home is within Nyc Geog District #21 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 225 The Eileen E Zaglin
PublicPK to 8

Abraham Lincoln High School
Public9 to 12

I.S. 98 Bay Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of RE/MAX Edge

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