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    8794-8800 Bay Pkwy Brooklyn, NY 11214

    For Sale
    $319,000

    New construction community facility in Brooklyn, delivered vacant.

    Property size:
    700 SF
    Lot size:
    0.22 Acres

    Property Features for 8794-8800 Bay Pkwy

    General Information

    Size
    700 SF
    Lot size
    0.22 Acres

    Source: Tri State Commercial Realty Agent Shlomi Bagdadi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Brooklyn Community Facility

    This is a newly constructed community facility located at 8800 Bay Parkway, Brooklyn, NY 11214, situated between Bath Avenue and Cropsey Avenue. The property, identified as Block 6447, Lot 7501, is zoned R6. The lot spans 100 feet by 96.67 feet, encompassing a total lot size of 9,667 square feet with a 100-foot frontage. Built in 2023, the property is classified under tax class 2 and is delivered vacant. The building size is 700 square feet. The Common Area Maintenance (CAM) is $161.23, and the annual tax with cap is $436.24. Attractive seller financing is available.
    Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.99811
    Latitude
    40.598232

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    FAQs

    What type of property is this?
    Church & religious facility - New construction community facility in Brooklyn, delivered vacant.
    Where is this church & religious facility located?
    The property is located at 8794-8800 Bay Pkwy Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $319,000.
    What are key features of this property?
    This property features: - New construction built in 2023; - Attractive seller financing available; - Delivered vacant
    (718) 437-6100
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    8794-8800 Bay Pkwy Brooklyn, NY 11214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8794-8800 Bay Pkwy Brooklyn, NY 11214
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