8678 Bay Pky - Apartments FOR SALE


Brooklyn, NY 11214- Bath Beach
$10,500,000 USD
718-667-6400
8678 Bay Pky, Brooklyn, NY for Sale
$10,500,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

8678 Bay Pky
Brooklyn, NY 11214
Bath Beach


HIGHLIGHTS

  • 30 unit rental
  • 1031 exchange
  • great for seasoned investor.

OVERVIEW

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!!

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$339 USD /SF

# OF UNITS

30

PRICE/UNIT

$350,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R6

APN/PARCEL ID

06380-0001

ASK ABOUT THIS PROPERTY

Gregory DiazSI PREMIERE PROPERTIESMore Info
718-667-6400

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Gregory DiazSI PREMIERE PROPERTIESMore Info
718-667-6400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.