This prime development opportunity in Brooklyn, NY, offers an ideal location in the vibrant neighborhood of Brighton Beach. The 1,800 sq. ft. lot, priced at $639,000, is zoned R6, allowing for a versatile range of development possibilities. The property allows a Floor Area Ratio (FAR) of up to 2.43, offering great potential for residential and mixed-use development. This property is perfect for a mid-rise residential or mixed-use project, aligning with the area's ongoing growth in new developments. Located just minutes from the iconic Brighton Beach and Coney Island Boardwalk, this site is in a prime position to attract residents who value beachfront living, outdoor recreation, and cultural diversity. The area is known for its blend of seaside charm and urban convenience, offering a wide array of dining, shopping, and entertainment options. The proximity to the B and Q subway lines provides easy access to Manhattan, making it an attractive option for commuters. Additionally, major roadways like Ocean Parkway and Belt Parkway offer quick driving access to other parts of Brooklyn and beyond. Shopping and convenience are also key highlights of this location, with nearby access to major retailers and national chains such as Target, Stop & Shop, and Marshalls. The surrounding area is filled with restaurants, cafes, and shops that reflect the diverse cultural landscape of Brighton Beach. This community is not only a popular destination for beachfront leisure but also a hub for local and national businesses, making it an ideal spot for new residential projects. With schools, parks, and healthcare facilities within easy reach, the area is highly attractive to families and professionals alike. The ongoing development boom in Brighton Beach reflects a growing demand for quality housing, making this property a timely investment. Future residents will enjoy both the quiet charm of a beachside community and the convenience of a well-connected, dynamic Brooklyn neighborhood
Price Information
Listing Price Info
Price Summary:
List Price: $590,000
Tax Information:
Annual Amount: $4,518
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Brooklyn, NY.
This property is $389.9K less than the Median Sold Price in Brooklyn, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #486677
Listing Office:
Office Name: eXp Realty BKNY
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 12/18/2024, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
May 11, 2016
May 11, 2016Home Sold
$450,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$4,518
$78,300
2019
$4,518
$84,150
2018
$3,923
$31,362
2017
$3,880
$30,843
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,012
Per Month
Principal & Interest
$2,945
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,835
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
P.S. 253 Brooklyn
601 Ocean View Ave
Distance between this listing and this school0.18 miles
Public Magnet Grades KG-5
7
/10
P.S. 100 Coney Island School
2951 W 3rd St
Distance between this listing and this school0.34 miles
Public District Grades KG-5
6
/10
P.S. 216 Arturo Toscanini School
350 Avenue X
Distance between this listing and this school0.74 miles
Public District Grades PK-5
Nearby Schools
5
/10
I.S. 303 Herbert S. Eisenberg
501 West Ave
Distance between this listing and this school0.40 miles
Public Magnet Grades 6-8
6
/10
P.S. 209 Margaret Mead School
2609 E 7th St
Distance between this listing and this school0.47 miles
Public District Grades KG-8
6
/10
P.S. K225 Eileen E. Zaglin School
1075 Ocean View Ave
Distance between this listing and this school0.49 miles
Public District Grades PK-8
Nearby Schools
4
/10
Abraham Lincoln High School
2800 Ocean Pkwy
Distance between this listing and this school0.20 miles
Public District Grades 9-12
3
/10
William E Grady Career and Technical Education High School
25 Brighton 4th Rd
Distance between this listing and this school0.23 miles
Public District Grades 9-12
4
/10
Rachel Carson High School for Coastal Studies
521 West Ave
Distance between this listing and this school0.40 miles
The neighbors living near this home have an average income of $50,146. Typical income of Brooklyn, NY residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 37 Brighton 2nd Pl
What is the listing price of this property?
The listing price of 37 Brighton 2nd Pl property is $590,000.
What type of property is this?
The property 37 Brighton 2nd Pl is land located in Brooklyn, New York, 11235.
Is this property for sale now?
Active Listing: 37 Brighton 2nd Pl is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,518 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 11, 2016 for $450,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 37 Brighton 2nd Pl in Brooklyn, NY and zip code 11235 in the Southern Brooklyn neighborhood. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $590,000.
In November 2024 more than 28 listings in Brooklyn, NY were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 161 were sold below. Between October 2024 and November 2024, Brooklyn, NY real estate market has seen decrease in the number of listings by 10.5%. The median list price of listings available in November 2024 was $979,913, while the average time on the real estate market was 111 days.
From Rocket Homes Real Estate and based on county public records data.
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. 
Art Museums
Art Museums
Pro Boxing
Major League Soccer (MLS)
Bloomingdales
IKEA
Banana Republic
Starbucks
Quiznos
Jack In The Box
Audi
Lexus
Toyota
News
Soft Adult Contemporary
Jazz