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for saleRealtyLens property overview
$999,000
38 Brighton 2nd Pl
Brooklyn, NY, 11235
View more Brooklyn, NY property pages4Beds
1.75Baths
1,332Sqft
$750$/sqft
Listing Notes
Exceptional redevelopment potential in the core of Brighton Beach, Brooklyn. This R6-zoned site offers strong upside and should be reviewed with an architect to explore buildable options. There is also the possibility of assemblage with the adjacent property at 37 Brighton 2nd Place, enhancing scale and value. The neighborhood continues to see heavy residential demand, with multiple new construction projects nearby-many already sold out. The location is highly desirable, just minutes from the subway, the Atlantic Ocean, Brighton Beach Boardwalk, Coney Island attractions, schools, restaurants, and major shopping areas. A rare opportunity in a proven, high-growth market.
Market Insights
Above nearby median+29%
$750/sqft vs a nearby median of $581/sqft.
Nearby median$581/sqft
Nearby properties8
Property size1,332 sqft
- +29% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,332 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$762k$704k – $820k · 64% confidence
vs ask $999k+$237k (+23.7%)
Asking price is about 23.7% above where comps + adjustments land — there is room to negotiate.
$590/sqft median across 7 tight comps × 1,332 sqft= $786k
- Pre-war character+$20k +2.5%
- Days-on-market gravity−$16k −2.0%
- Visible condition issues−$16k −2.0%
- Special flood hazard zone−$16k −2.0%
- Transit access+$4k +0.5%
Cumulative NYC adjustments−$24k−3.0%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 118 days
- Last price change
- No change recorded
- Listed
- Jan 14, 2026
- Photos
- 3 photos
- Property type
- single family
- Status
- for sale
- Last sold
- Feb 20, 2004 · $410,100
Features & Amenities
Central AirHardwood FloorsShopping
Building Facts
- Year built
- 1930
- Stories
- 2
- Total units
- 1
- Residential units
- 1
- Building area
- 1,562 sqft
- Lot size
- 1,652 sqft
- Land use
- One and two family buildings
- Building class
- A2
From NYC public records where available.
Price History
May 4, 2026Initial record
$999,000for sale
Public Records
DOB violations0 open
0 total recorded against the building
HPD violations0 open
0 total recorded
ACRIS documents17
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)35,678
Top: illegal parking
Top complaint types in ZIP 11235
- Illegal Parking10,744
- Blocked Driveway3,107
- HEAT/HOT WATER2,354
- Noise - Residential2,049
- Dirty Condition870
Recent Transfers (ACRIS)
- Sep 21, 2015DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.