Mixed-Use Retail
6922 Bay Parkway, Brooklyn, NY 11204
For Sale
New
$1,700,000
Commercial, Brooklyn, NY
Property Size3,500 SF
Lot Size0.08 Acres
Price / SF$485.71
Days on Market5
Property Features for 6922 Bay Parkway
General Information
Property type
Property subtype
Zoning
Basement
Subdivision
Standard status
Size
Lot size
Additional Details
Tenant in Place
Mixed-Use Components
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Leonid Sklyar
(718) 612-3088
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 14 at 1:06AM
MLS# 505996
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 6922 Bay Parkway, this 3,500-square-foot mixed-use property contains three commercial units. Current occupants include a retail tenant, a lawyer’s office, and a warehouse operation. The corner retail space has a lease running through 2033; the other two spaces are leased month to month. The warehouse is positioned behind the building, with access from 70th Street.
Built in 1931, the brick property has a flat asphalt roof and occupies a 0.0803-acre lot. The stated zoning is R5.
Built in 1931, the brick property has a flat asphalt roof and occupies a 0.0803-acre lot. The stated zoning is R5.
Key Highlights
- Three commercial units include retail, lawyer’s office, and warehouse occupancy
- Corner retail unit leased through 2033
- Lawyer’s office and warehouse spaces are on month‑to‑month leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$127,050
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,541,000
$2.5M
Cap Rate 7%
$1,815,000
$1.8M
Cap Rate 9%
$1,411,667
$1.4M
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$231.0K $66.00/SF
− Vacancy
−$27.7K −$7.92/SF
EGI
$203.3K $58.08/SF
− OpEx
−$76.2K −$21.78/SF
NOI
$127.1K $36.30/SF
Area
Brooklyn, NY
Vacancy
12.00%
Lease Rate
$66.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,541,000
Cap Rate 7%
$1,815,000
Cap Rate 9%
$1,411,667
Alternative Uses
Best Use
Retail
$2.40M
$2.10M – $2.80M
NOI $167,841 @ 7.0% cap · market cap 9.87%
Second Best
Mixed Use
$1.81M
$1.59M – $2.12M
NOI $127,050 @ 7.0% cap · market cap 7.47%
Theoretical Best
Specialty Retail
$2.90M
$2.54M – $3.38M
NOI $202,860 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,206
Businesses Nearby
65k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Groceries 27%
Shops & Services 22%
Electronics 2%
McDonald's
Dining
24,219 visits/mo
0.1 miles
Key Food
Groceries
17,619 visits/mo
0.5 miles
Sunoco
Shops & Services
13,157 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
2,881 visits/mo
0.2 miles
Carvel Ice Cream
Dining
2,466 visits/mo
0.2 miles
Demographics for 11204, NY
85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Brooklyn, NY
Properties on Market for Mixed-use properties in Brooklyn
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail, office, and warehouse occupancy are arranged across three commercial units with different lease terms.
Where is this mixed-use property located?
The property is located at 6922 Bay Parkway Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Three commercial units include retail, lawyer’s office, and warehouse occupancy; Corner retail unit leased through 2033; Lawyer’s office and warehouse spaces are on month‑to‑month leases
