Property History
The Nowak Group of Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 2840-2848 Brighton 4th
Street, located between Brighton 4th Road and Neptune Avenue in the Brighton Beach neighborhood of Brooklyn, NY. The site
consists of four separate lots, each improved with an existing single-family home (Block: 7261 Lots: 81, 82, 83, 84). Combined, the
lots measure 80 ft x 332 ft and are zoned R6 allowing for 14,608 buildable square feet of development as-of-right.
The property is an ideal candidate for ground-up condominium development. Condominium units in the local sub-market have
sold around $800 per square foot.
The subject property is located within a seven-minutes walking distance from Ocean Parkway “Q” train station and within a
12-minute walking distance from the Sheepshead Bay “B” and “Q” train station. 2840-2848 Brighton 4th Street offers developers
the opportunity to purchase a strategically located development site in the Brighton Beach neighborhood of Brooklyn with the
added benefit of existing single-family homes on each lot.
Four-Lot Redevelopment Site in Brighton Beach – 332 feet of
frontage to Brighton 4th Street
Zoned R6 allowing for a total of 14,608 Buildable Square Feet
as-of-right
Local Condominium Prices breaching $800 per square foot
Located within Seven-Minutes walking distance from Ocean
Parkway “Q” Train Station and within a 12-Minute walking distance
from the Sheepshead Bay “B” and “Q” Train Station
Each lot features an existing single-family home offering investors
an alternative exit strategy and the possibility of generating rental
income prior to development
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
Rental Market Overview

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