Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $298,000

Listed at $248,000 · Sold 20.2% above asking · Closed March 27, 2025

40 Brighton 1st Road #12M
Closed For Sale Co-op

$248,000

$467 per sq ft

40 Brighton 1st Road #12M

Brighton Beach, Brooklyn

BRIGHTON TOWERS

MLS® #RLS11021367

RLS at REBNY

Listing by RE Max Edge Group

Studio

1

Bath

531

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 531 sq ft
Year Built 1963
Ownership Co-op
Maintenance $629/mo
Neighborhood Brighton Beach
Floor 12

Property Highlights

  • Location: Brighton Beach, Brooklyn
  • Property Type: Co-op
  • Built: 1963

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 12
Heating Radiant
Cooling None
Pets Yes
Cross Street Boardwalk
Year Built 1963
Living Area 531 sq ft
Structure Type None
Flooring Hardwood
Furnished Unfurnished
Parcel # 08680-0001-00040-000-000012M
Block/Lot 08680/0000

Listing History

Event Date Price Change
Listed Nov 14, 2024 $248,000 -
Currently May 30, 2026 $248,000 -

Description

Corner Unit with Excellent Views! Don't miss your chance to own this spacious open-format studio co-op in the heart of Brighton Beach, Brooklyn. Located just seconds from the water, this apartment offers stunning ocean views and a prime location less than a block from the beach. This luxury building includes a 12 hour doorman, recreation room and outdoor pool. For an additional fee, you can also enjoy the fitness center and additional storage. With a bit of TLC, this studio apartment can be transformed into your perfect seaside retreat. The layout includes a foyer, a separate kitchen, and a full bathroom, offering ample space to reimagine and personalize the design. Whether you're looking for a weekend getaway or a full-time residence, this studio's potential is boundless. Enjoy the serene atmosphere of the beach, while being just moments away from local shops, restaurants, and public transportation (1 block from the B1 and B68 bus and two blocks from the Ocean Pwky Q train). Immediate subletting is allowed for a fee subject to board approval. Take advantage of the opportunity to own a slice of coastal living in one of Brooklyns most sought-after neighborhoods!





Features & Amenities

Interior Features

Building None None Flooring: Hardwood

Building Amenities

Elevators Health Club

Building Information

Financial Details

Maintenance $629/mo
Sale Price $298,000

Maintenance Includes

Electricity,Gas,Water

Brighton Beach stretches along Brooklyn's Atlantic shoreline with a housing stock that ranges from 1920s Art Deco apartment buildings along Ocean Parkway to postwar co-op towers and newer oceanfront condominiums. The B and Q trains run above Brighton Beach Avenue, providing direct service to Downtown Brooklyn, Midtown Manhattan, and connections across the system. The Riegelmann Boardwalk extends along the waterfront, connecting to Coney Island, while Brighton Beach Avenue below the elevated tracks forms the neighborhood's primary commercial corridor.

Brighton Beach Live Market Data

View Neighborhood

Active Listings

15

Median Asking Price

$639K

Median $/Sqft

$571

Avg Days on Market

N/A

New This Week

0

Price Reduced

33%

Sold (30 Days)

0

Median Sale Price

$855K

Live data from RLS at REBNY • Updated 5/30/26, 2:16 PM EST

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Location

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40 Brighton 1st Road #12M, Brighton Beach, Kings County • Near Boardwalk

Building Information

Official NYC property records for this building

1963
Year Built
63 years old
16
Floors
448
Residential Units
R7-1
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $20,031,300
Land Value: $1,025,100
Exemptions: $557,461

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 77,620 SF
Building Area: 437,860 SF
Built FAR: 5.64
Allowed FAR: 3.44

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $629 per month. The fee covers: Electricity,Gas,Water. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 531 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1963, making it approximately 63 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pet policy requires confirmation with the listing broker.

At the current list price of $248,000 for 531 sq ft, the asking price per square foot is approximately $467. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS11021367
First Listed: 11/14/2024
On Market: 11/14/2024
Closed: 3/27/2025
Contract Date: 11/14/2024

Listing Courtesy of RE Max Edge Group - Ruslan Mingazov

Listing Contact: (718) 313-0214

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/30/2026 at 6:16 PM UTC

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