Brighton Beach 16-unit Multifamily | 100% Free-Market

363 Neptune Ave, Brooklyn, NY 11235

Property Information

  • For Sale $4,550,000
  • Property Type Multi-Family
  • Property Size 5,000 SF
  • Units 16
  • Lot Size 0.1 Acre
  • Cap Rate % 6.7
  • # of Floors 4
  • Year Built 1930
  • Date Updated May 12, 2026

Description

  • Unbeatable Transit Access: Located within short walking distance of the Ocean Parkway Station (Q Train), providing a direct and efficient commute into Manhattan.

  • Neighborhood Amenities: Steps from the world-famous Brighton Beach boardwalk and beach, as well as an eclectic mix of authentic dining, boutique shopping, and local entertainment.

  • High-Demand Submarket: Brighton Beach continues to see strong rental growth, driven by its unique blend of seaside living and urban accessibility.

  • 100% Free-Market: The rare combination of a full gut renovation, a 100% free-market rent roll, and a strategic coastal location makes this one of the most competitive multifamily offerings in the current Brooklyn market.

Contacts

Lev Mavashev

Alpha Realty

Dasha Dadobaeva

Alpha Realty

Location

Located at 363 Neptune Ave, Brooklyn, NY 11235, this property is part of the Brighton Beach neighborhood and Brooklyn market.

Contact Brighton Beach 16-unit Multifamily | 100% Free-Market
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