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    Commercial Condo For Sale Title is generated by Realmo AI

    8686 Bay Pkwy, Brooklyn, NY 11214

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    Commercial condo unit available for sale.

    Type:Office
    Property size:
    2,730 SF
    Price / SF:
    $512/SF
    Added:
    Mar 5, 2026
    Days on Market:
    120
    Last Refresh:
    Mar 16 at 2:47 pm

    Property Features for 8686 Bay Pkwy

    General Information

    Standard status
    Active
    Size
    2,730 SF
    Property subtype
    Office

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    Arsen Atbashyan
    Arsen Atbashyan

    Listing office Commercial Acquisitions

    Listing date Mar 5, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Commercial Acquisitions

    HighLights

    • Commercial condo for sale

    Overview

    A commercial condominium unit is available for sale. The property offers 2730 square feet of space.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $124.5k $45.60
    − Vacancy −$24.3k −$8.89
    EGI $100.2k $36.71
    − OpEx −$25.1k −$9.18
    NOI $75.2k $27.53
    2,730 SF · lease $45.60/SF/yr · vacancy 19.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.07M
    $939.5K – $1.25M (±1% cap)
    NOI $75,160 @ 7.0% cap · market cap 5.37%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.59M
    $1.39M – $1.86M (±1% cap)
    NOI $111,478 @ 7.0% cap · market cap 7.97%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Vladimir Gressel, ... Physician Sheng Liang Physician Rendr - Alex Wu, ... Physician Tammy Oung Dental Office Dr. Sergey Bogdan Physician

    Suggested Use

    Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Gym & Fitness Center Bar & Pub Nursing Home Nursing Home Clothing & Fashion Store Catering Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.996049
    Latitude
    40.600222

    FAQs

    What type of property is this?
    Office units - Commercial condo unit available for sale.
    Where is this office units located?
    The property is located at 8686 Bay Pkwy Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,399,000.
    What are key features of this property?
    This property features: Commercial condo for sale
    (718) 517-8700 Call to check price and availability
    More about this property
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