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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 Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 30,960 sqft
Price per Sqft $339
MLS Listing ID 494350
Style Other
Bedrooms 74
Full Baths 30
Year Built 1915
Annual Tax Amount $44,820
Property Sub-Type Multi-Family
Property Description
Prime investment opportunity in the heart of Bath Beach! Presenting 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. Great for seasoned investor for 1031 Exhange!!
Location
State NY
County Kings (brooklyn)
Area Bensonhurst
Rooms
Basement Cellar
Interior
Hot Water Gas, Hot Water Coil in Boiler
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available NONE
Roof Type Shingle
Handicap Access Yes
Building
Story 6
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by SI Premiere Properties