8678 Bay Parkway
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!!
Listing Details
| Price: | $8,999,888 |
|---|---|
| Address: | 8678 Bay Parkway |
| City: | Brooklyn |
| State: | New York |
| Zip Code: | 11214 |
| MLS: | 2504229 |
| Year Built: | 1915 |
| Square Feet: | 30,960 |
| Acres: | 0.22 |
| Lot Square Feet: | 0.22 acres |
| Bathrooms: | 30 |
Photos
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Data services provided by IDX Broker
Listed by: SI Premiere Properties