Listing Courtesy of Compass
$1,998,000
Potential Rebate: $29,970
Experience the ultimate beachfront lifestyle in one of New York City’s premier seaside properties. Nestled within the exclusive gated community of Seagate, this stunning 3-family residence boasts a sprawling 6,000 square feet of living space, featuring 7 bedrooms and 7 bathrooms across a 5,500 square foot lot with an impressive 55 feet of direct beach and ocean frontage.
Conversion into a 3-family home has been approved and is in process of being finalized, in 2017 this property underwent a comprehensive renovation, seamlessly blending classic architecture with modern amenities. The main house's side entrance welcomes you to three stories of luxurious living. The first floor opens up to a grand foyer leading to a state-of-the-art kitchen equipped with high-end appliances such as a Subzero refrigerator, Wolf stove, and Miele dishwasher. Adjacent is a spacious family room with a terrace that offers direct access to a beautifully landscaped backyard, complete with cypress bushes and three fruit trees. This level also includes two bathrooms and a convenient laundry room.
Ascending to the second floor, you'll find four bedrooms, three bathrooms, an additional kitchenette, and another laundry room. Indulge in the infrared sauna while gazing at the ocean views through the expansive windows. The basement is a versatile space with ample storage, a recreation room, an office, a full bathroom, a utility room, and a dedicated pet washing area.
Apartments #2 and #3 have their own separate entrances from the front of the house. Apartment #2 is a lower duplex featuring a living room, kitchen, and bathroom, with the bedroom situated on the lower level. Apartment #3, located on the third floor, presents breathtaking ocean views and comprises two bedrooms, an open-concept living room and kitchen, and a bathroom.
This meticulously renovated home incorporates new metal beams, an extended brick structure built on concrete blocks, and updated plumbing, electrical systems, and roofing. The main house showcases imported Italian porcelain tile heated flooring, while Spanish porcelain tiles grace the basement and apartment #2. The third-floor apartment is finished with laminate and carpet flooring. Energy-efficient Pella windows and doors, as well as mini-split units throughout, ensure comfort in every season.
Enjoy exclusive access to one of NYC’s most beautiful private beaches. Commutes to Midtown Manhattan are convenient via the X28/X38 express buses from Neptune Avenue, along with nearby subway connections to the D, F, Q, and N lines. With annual taxes of $26,606 and Seagate Association fees of $25,624, this property is a rare opportunity to embrace beachfront living within the city.
$14,225 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$29,970
Monthly savings impact
$83/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
2.5%
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20057049

Compare average listing prices and value metrics for 3848 Atlantic Avenue against the surrounding Coney Island market.
than the Coney Island price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Coney Island is the world's playground. For buyers seeking Coney Island real estate, it offers oceanfront living.
Living in Coney Island is fun. As a Brooklyn NYC neighborhood, it is iconic.
Homes for sale in Coney Island are high-rise co-ops.
The lifestyle is seasonal and breezy.
D/F/N/Q trains.
The Beach and Amusement Park.
Beach bums.

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