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$ 10,500,000
Est. payment /mo
New
8678 Bay Pkwy Brooklyn, NY 11214
74 Beds
30 Baths
30,960 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type 9+F
Listing Status Active
Purchase Type For Sale
Square Footage 30,960 sqft
Price per Sqft $339
MLS Listing ID 2504229
Bedrooms 74
Full Baths 30
Year Built 1915
Annual Tax Amount $90,641
Lot Size 9,667 Sqft
Acres 0.22
Lot Dimensions 100x96.67
Property Sub-Type 9+F
Source Staten Island Multiple Listing Service
Property Description
Prime investment opportunity in the heart of Bath Beach! Presenting 8678 Bay Parkway—a solid, four-story, 30-unit brick apartment building offering long-term upside and exceptional income potential. Built in 1915, this well-maintained pre-war walk-up encompasses approximately 30,960 square feet of residential space and sits on a 100' x 102' lot.
The building features a mix of spacious 1- to 4-bedroom units, many with hardwood floors and classic layouts. Zoned R6, this property offers investors stability, immediate cash flow, and future value-add potential.
Perfectly positioned near public transportation (Bay Parkway D train), Caesar's Bay Shopping Center, and major parks, tenants enjoy convenience and connectivity in a thriving neighborhood. Surrounded by a diverse community, restaurants, schools, and shopping options, this is a rare opportunity to acquire a turnkey asset in one of Brooklyn's most desirable locations.
. Rent Roll and expense sbroken down in document section of MLS. Great for seasoned investor for 1031 exhange!!
The building features a mix of spacious 1- to 4-bedroom units, many with hardwood floors and classic layouts. Zoned R6, this property offers investors stability, immediate cash flow, and future value-add potential.
Perfectly positioned near public transportation (Bay Parkway D train), Caesar's Bay Shopping Center, and major parks, tenants enjoy convenience and connectivity in a thriving neighborhood. Surrounded by a diverse community, restaurants, schools, and shopping options, this is a rare opportunity to acquire a turnkey asset in one of Brooklyn's most desirable locations.
. Rent Roll and expense sbroken down in document section of MLS. Great for seasoned investor for 1031 exhange!!
Location
State NY
County Kings
Area Bensonhurst
Zoning R6
Interior
Heating Hot Water, Natural Gas
Building
Story 6
Sewer City
Level or Stories 6
Structure Type Brick
New Construction No
Others
Tax ID 06380-1
Listed BySI Premiere Properties