Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,200,000

· Closed August 13, 2018

227 NEPTUNE Avenue #House
Closed For Sale Multi Family

$1,200,000

$300 per sq ft

227 NEPTUNE Avenue #House

Brighton Beach, Brooklyn

MLS® #RLS10545833

RLS at REBNY

Listing by Stribling & Associates

Studio

0

Bath

4,000

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Living Area 4,000 sq ft
Lot Size 2,037 sq ft
Year Built 1930
Neighborhood Brighton Beach
Floor 1 of 3

Property Highlights

  • Character: Pre-war building (1930)

Property Details

Type Multi Family
Baths 0 Full
Floor 1 of 3
Pets Yes
Year Built 1930
Living Area 4,000 sq ft
Lot Size 2,037 sq ft
Parcel # 07263-0004

Listing History

Event Date Price Change
Listed Mar 13, 2018 $1,400,000 -
Currently Jun 9, 2026 $1,200,000 -14.3%

Description

Attention All Investors. 5% Cap rate. 227 Neptune Avenue. Set up upon request.

Features & Amenities

Exterior Features

Building Garden Garden

Building Information

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

16

Median Asking Price

$532K

Median $/Sqft

$565

Avg Days on Market

N/A

New This Week

0

Price Reduced

31%

Sold (30 Days)

0

Median Sale Price

$855K

Live data from RLS at REBNY • Updated 6/9/26, 3:52 AM EST

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Location

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227 NEPTUNE Avenue #House, Brighton Beach, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
3
Floors
4
Residential Units
R6
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $363,600
Land Value: $81,450
Exemptions: $0

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

Lot Area: 2,037 SF
Building Area: 4,000 SF
Built FAR: 1.96
Allowed FAR: 2.43

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

This property has 0 bedrooms and 0 full bathrooms.

The listed interior living area is 4,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1930, making it approximately 96 years old.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,200,000 for 4,000 sq ft, the asking price per square foot is approximately $300. 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: RLS10545833
First Listed: 3/13/2018
Closed: 8/13/2018
Contract Date: 11/30/2017

Listing Courtesy of Stribling & Associates - RoseAnne Degliuomini

Listing Contact: (718) 710-1844

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 6/9/2026 at 7:52 AM UTC

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