A cold brew apparatus and a method of making cold brew extract are disclosed. The cold brew apparatus includes a flexible brewing bag having an opening therein. Premeasured brewable ingredients (e.g., coffee grounds, coffee beans, tea leaves, etc.) are located in the brewing bag. The opening in the brewing bag is uncovered to allow a liquid (e.g., water) to be added to the brewable ingredients. The opening in the brewing bag is covered after the liquid has been added, and the brewable ingredients and the liquid are left to steep for a period of time (e.g., approximately 8-24 hours). After the period of time has elapsed, extract (e.g., coffee extract, tea extract, etc.) is poured out of the opening in the brewing bag.