Description

Sponsor sale with no board approval required. Presenting a rare five-unit assemblage opportunity in the heart of Brighton Beach, consisting of a diverse mix of studio, Junior 4, and two-bedroom 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 financial information are available upon request.

The assemblage includes two studio apartments, two Junior 4 layouts, and one ocean-facing two-bedroom, two-bathroom residence with a private terrace. Several of the units feature terraces, spacious living areas, multiple closets, and flexible den configurations. All apartments include full bathrooms with tubs. Please note that interior photos are not currently available, and the exact present condition of the units is unknown; however, prospective purchasers should anticipate that updating and renovations may be required accordingly.

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.

Access to the units will only be granted upon an accepted offer so as not to unnecessarily disturb the current occupants. Perfectly positioned near Brighton Beach Avenue, transportation, shopping, dining, and the B/Q subway lines, this represents a rare opportunity to acquire long-term value and scale within one of Brooklyn's most established waterfront communities.