Residential Income - Quadruplex
$8,500,000
72 BE 45 BA

Size

Beds
72
Baths
45
Stories
4
Interior
30,960 Sq Ft
Exterior
9,667 Sq Ft

Financial

Price
$8,500,000
Annual Taxes
$102,926

Listing Details

Sale or Lease
Sale
Year Built
1915
Area
Bensonhurst

Description

8678 Bay Parkway, Brooklyn, NY 11214

Apartment Features: large bedrooms - Separate living room- Fully tiled Bathrooms - Separate Kitchens - Hardwood Floors throughout - Heat and Hot water included Prime investment opportunity in the heart of Bath Beach. 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 walk-up encompasses 30,960 square feet of residential space and sits on a 100 x 96 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 prime asset in one of Brooklyn's most desirable locations.

Features

  • 220 Volts
  • Brick
  • Natural Gas
  • None
  • Oil
  • Public Sewer
  • Steam
8678 Bay Parkway, Brooklyn, NY 11214

Listing Office: Beinert Bonanno LLC