8800 BAY Parkway C1, Brooklyn, NY 11204
700 SF commercial space in high-traffic Bensonhurst location.
- Added:
- Dec 11, 2024
- Days on Market:
- 572
- Last Refresh:
- Jul 2 at 6:39 am
Property Features for 8800 BAY Parkway C1
General Information
- Standard status
- Active
- Size
- 700 SF
- Property subtype
- Land
Listing office Ashford Homes LLC
Listing date Dec 11, 2024
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 Ashford Homes LLC
HighLights
- High‑traffic location on Bay Parkway
- 700sf of commercial space
- Great commercial investment opportunity
- Maximum visibility
- Ideal for retail, office, or service‑based operations
- Located in the heart of Bensonhurst
Overview
Local Financial Insights For Retail
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 | $54.4k | $77.76 |
| − Vacancy | −$6.5k | −$9.25 |
| EGI | $48.0k | $68.51 |
| − OpEx | −$14.4k | −$20.55 |
| NOI | $33.6k | $47.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.998414
- Latitude
- 40.597945
