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Investment Highlights

  • Prime frontage on Brighton Beach Avenue
  • Surrounded by established retailers, restaurants, supermarkets, banks, pharmacies, and neighborhood services
  • High pedestrian and vehicular traffic

Executive Summary

Investment & Owner-User Opportunity | 223 Brighton Beach Avenue
Rare opportunity to acquire a mixed-use commercial property in the heart of Brighton Beach. Ideal for both investors and owner-users, this property offers immediate flexibility and long-term upside.
The ground floor retail space and full basement will be delivered vacant at closing, providing an excellent opportunity for an owner-user to occupy the space or for an investor to lease at current market rents.
The second floor is occupied by one office tenant on a month-to-month lease, allowing for future flexibility while generating interim income.
Located in the heart of Brighton Beach, 223 Brighton Beach Avenue benefits from one of Brooklyn's most established neighborhood retail corridors. The property is positioned on a heavily trafficked commercial strip beneath the Brighton Beach subway station, providing exceptional visibility and consistent pedestrian activity throughout the day.
The surrounding area is home to a diverse mix of national retailers, neighborhood businesses, restaurants, medical offices, financial institutions, and professional services, creating a vibrant commercial environment that attracts both local residents and visitors year-round.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,000 SF
Building Class
C
Year Built/Renovated
1925/2010
Price
$4,412,608 CAD
Price Per SF
$1,103.15 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
R6 - Medium density residential district
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Nearby Major Retailers

Valley National Bank
Chase Bank
Capital One
Apple Bank
Bank of America
PureGym
Starbucks
Key Food
CrossFit
Webster Bank

Property Taxes

Property Taxes

Parcel Number
08670-0045
Land Assessment
$53,606 CAD
Improvements Assessment
$525,968 CAD
Total Assessment
$579,574 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 41582459

  • Date on Market: 2026-08-06

  • Last Updated:

  • Address: 223 Brighton Beach Ave, Brooklyn, NY 11235

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