$9,999,888

8678 Bay Pkwy Brooklyn, NY 11214

Bath Beach Neighborhood

Estimated payment $57,013/month

Total Views 3,179
74 Beds
30 Baths
30,960 Sq Ft
$323 Price per Sq Ft

Highlights

  • 9,667 Sq Ft lot
  • 3-minute walk to Bay Parkway (D,M Line)
  • Multiple cooling system units
  • Wood Flooring
  • Handicap Accessible
  • Hot Water Heating System

About This Home

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!!

Listing Agent

Gregory Diaz

SI Premiere Properties Listed on: 07/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $44,820

Year Built

  • Built in 1915

Lot Details

  • 9,667 Sq Ft Lot
  • Lot Dimensions are 96 x 100

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 30,960 Sq Ft Home
  • Wood Flooring
  • Basement Cellar

Bedrooms and Bathrooms

  • 74 Bedrooms
  • 30 Full Bathrooms

Accessible Home Design

  • Handicap Accessible

Utilities

  • Multiple cooling system units
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6380

Community Details

Overview

  • 30 Units
  • 6-Story Property

Building Details

  • Fuel Expense $32,923
  • Insurance Expense $14,762
  • Gross Income $592,027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$44,820

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Basement Amenities: Cellar
  • Total Bathrooms: 30.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 7740
  • Building Length: 86.00
  • Building Width: 90.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Benson Ave
  • Handicap Access Y N U: Yes
  • Heat Delivery: Hot Water, Steam/Radiator
  • Number Of Families: 30
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit
  • Fill Sq Ft Total: 30960
  • Building Stories: 6
  • Street Name I D X: Bay
  • Street Number I D X: 8678
  • Building Style: Other
  • Waterfront Present: No
  • Year Built: 1915
  • Special Features: None
  • Stories: 6

Interior Features

  • Basement Full Bathrooms: 30
  • Total Bedrooms: 74
  • Flooring: Hardwood
  • Lot Sq Ft: 9667

Exterior Features

  • Yard: None
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 1
  • Roof: Shingle

Utilities

  • Air Conditioning Units: 5+
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas, Hot Water Coil in Boiler

Fee Information

  • Annual Fuel Expense: 32923.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 96
  • Lot Size Width: 100

Multi Family

  • Annual Gross Expense: 155347.00
  • Annual Gross Income: 592027
  • Insurance Expense: 14762.00
  • Miscellaneous Expense: 1434.00
  • Unit Count: 1

Tax Info

  • Flip Tax Amount: 44820.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Price Changed $9,999,888 -4.8% $323 / Sq Ft
07/21/2025 07/21/25 For Sale $10,500,000 -- $339 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 494350

Brooklyn Board of REALTORS®
New York Kings County Brooklyn 11214 Bath Beach

8678 Bay Pkwy, Brooklyn, NY

This home is located at 8678 Bay Pkwy, Brooklyn, NY 11214 and is currently priced at $9,999,888, approximately $322 per square foot. This property was built in 1915. 8678 Bay Pkwy is a home located in Kings County with nearby schools including Is 281 Joseph B Cavallaro, Bais Yaakov of Bay Parkway, and St Peter Catholic Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Listing Agent
Gregory Diaz
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SI Premiere Properties
(929) 203-5163