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242-260 Brighton Beach Ave 16,000 SF 100% Leased Retail Building Brooklyn, NY 11235 $16,900,000 ($1,056.25/SF) 5.10% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Full City Block of Retail
  • Brooklyn "B" & "Q" Train
  • Heavy Foot Traffic

EXECUTIVE SUMMARY

Prime Location, FULL BLOCK of Retail. 12 total Units located between Brighton 1st and Brighton 2nd Streets in Brighton Beach, Brooklyn. Fully occupied - with upside in corner unit looking to vacate. Low expenses, property taxes ammended and down $40,000 from last year. A must-see, contact Maria with any interest.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL ANNUAL PER SF
Taxes $219,330 $19.12
Operating Expenses - -
Total Expenses $219,330 $19.12

FINANCIAL SUMMARY (ACTUAL - 2025)

Taxes
Annual $219,330
Annual Per SF $19.12
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $219,330
Annual Per SF $19.12

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
16,000 SF
Building Class
C
Year Built
1945
Price
$16,900,000
Price Per SF
$1,056.25
Cap Rate
5.10%
NOI
$861,900
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.92
Lot Size
0.40 AC
Opportunity Zone
Yes
Zoning
R6, C1-2 - Residential FAR 2.43 Facility FAR 4.8 Current FAR 1.01 i Max buildable area 38,341 sqft Current built area 15,936 sqft Buildable area 22,405 sqft i
Frontage
72’ on Brighton 1st Pl

AMENITIES

  • Bus Line
  • Commuter Rail
  • Corner Lot
  • Metro/Subway
  • Signage
  • Signalized Intersection

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Brighton Jewelry Expert
  • Wholesaler
  • -
  • -
  • -
  • Edward's Beauty Salon Inc
  • Services
  • -
  • -
  • -
  • Egoist
  • -
  • -
  • -
  • -
  • Half Price Clothing
  • Retailer
  • -
  • -
  • -
  • Magic Corsets & Lingerie
  • Retailer
  • -
  • -
  • -
  • Meet Wise Meat
  • Accommodation and Food Services
  • 1,005 SF
  • -
  • Aug 2033
  • MN On Fashion Corp
  • Retailer
  • -
  • -
  • -
  • NY Central Pharmacy
  • Retailer
  • -
  • -
  • -
  • Ocean View Optical
  • Retailer
  • -
  • -
  • -
  • Varenichnaya
  • Accommodation and Food Services
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Brighton Jewelry Expert Wholesaler - - -
Edward's Beauty Salon Inc Services - - -
Egoist - - - -
Half Price Clothing Retailer - - -
Magic Corsets & Lingerie Retailer - - -
Meet Wise Meat Accommodation and Food Services 1,005 SF - Aug 2033
MN On Fashion Corp Retailer - - -
NY Central Pharmacy Retailer - - -
Ocean View Optical Retailer - - -
Varenichnaya Accommodation and Food Services - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 256 Brighton Beach
  • 1,000-2,685 SF
  • Retail
  • -
  • Now

Location: SW Corner of Brighton Beach Ave & Brighton 2nd Street Ground Floor: 2,685 sf Basement: 1,000 sf Ceiling: 12.5 ft Frontage: 23 ft on Brighton Beach Ave; 99 ft on Brighton 1st Pl Highlights: • Corner retail space located on highly trafficked Brighton Beach Ave. • Large basement for additional storage. • Landlord’s Work and Tenant Improvement Allowance available for qualified groups. • B train located two blocks West at Ocean Parkway station with 744,994 annual ridership (2023). • B, Q trains located four blocks East at Brighton Beach station with 2.635mm annual ridership. • B1 & B16 MTA buses service the immediate area.

Space Size Space Use Position Available
256 Brighton Beach 1,000-2,685 SF Retail - Now

256 Brighton Beach

Size
1,000-2,685 SF
Space Use
Retail
Position
-
Available
Now

256 Brighton Beach

Size 1,000-2,685 SF
Space Use Retail
Position -
Available Now

Location: SW Corner of Brighton Beach Ave & Brighton 2nd Street Ground Floor: 2,685 sf Basement: 1,000 sf Ceiling: 12.5 ft Frontage: 23 ft on Brighton Beach Ave; 99 ft on Brighton 1st Pl Highlights: • Corner retail space located on highly trafficked Brighton Beach Ave. • Large basement for additional storage. • Landlord’s Work and Tenant Improvement Allowance available for qualified groups. • B train located two blocks West at Ocean Parkway station with 744,994 annual ridership (2023). • B, Q trains located four blocks East at Brighton Beach station with 2.635mm annual ridership. • B1 & B16 MTA buses service the immediate area.

Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Bank of America
Chase Bank
Capital One
Valley National Bank
Td Bank
Citi
Tex's Chicken & Burgers
Blink Fitness
Apple Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08683-0097
Land Assessment
$383,400
Improvements Assessment
$1,638,450
Total Assessment
$2,021,850
Annual Taxes
$219,330 ($13.71/SF)
Tax Year
2025
  • Listing ID: 38769496

  • Date on Market: 12/14/2025

  • Last Updated:

  • Address: 242-260 Brighton Beach Ave, Brooklyn, NY 11235

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