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Renovated Medical Office Condo
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8686 Bay Pkwy, Brooklyn, NY 11214

Fully renovated medical office condo with central HVAC and 45-foot frontage for strong street presence.

Space Size2,730 SF
Days on Market161

Property Features for 8686 Bay Pkwy

General Information

Standard status Active
Size 2,730 SF
Property subtype RETAIL

Spaces For Lease

at 8686 Bay Pkwy Contact us

8686 Bay Pkwy $40/SF/Yr

Floor
1
Size
2,730 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
- 45' Frontage - Great Signage Opportunity - Fully Renovated Space - Built Out...
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Listing Agency: Commercial Acquisitions Realty Services
Listed By: Arsen Atbashyan · License #0000
Source: Moodyscre
Added: Mar 31 Changed: Aug 23 Last Checked: Sep 6 at 4:05AM

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 Realty Services

Investment Insights

Based on property information with market context.

Fully renovated commercial condominium unit M3 at 8686 Bay Parkway, presenting a built-out medical office space with a modern, highly functional layout. The unit is equipped with central HVAC and includes an expansive 45-foot frontage intended to support visibility and signage.

The property is situated on an active commercial corridor and offers convenient access to public transportation. It is designed for professional use with an emphasis on accessibility and street-facing presence.

In addition, the unit benefits from an ICIP tax abatement in place through July 2032, providing long-term value for qualified tenants.

Key Highlights

  • Fully renovated built‑out medical office commercial condo at 8686 Bay Parkway, Unit M3
  • 45‑foot frontage for strong street presence and visibility
  • Central HVAC in place

Property Analytics

Current Use

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

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Gym & Fitness Center Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,901
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11214, NY

96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$38.43 /SF/Yr
Avg Asking Price
$9.28–$71.91 /SF/Yr
Price Range
5,032 SF
Avg Space Size

This space is priced 4% above the average of $38.43 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Fully renovated medical office condo with central HVAC and 45-foot frontage for strong street presence.
Where is this medical office space located?
The property is located at 8686 Bay Pkwy Brooklyn, NY.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Fully renovated built‑out medical office commercial condo at 8686 Bay Parkway, Unit M3; 45‑foot frontage for strong street presence and visibility; Central HVAC in place
(917) 939-3760 Call to check price and availability
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