Harbor View Towers
For Sale
$302,000
8901 Shore Rd 7B, Brooklyn, NY 11209
One-bedroom co-op with doorman in Harbor View Towers.
Property Size720 SF
Days on Market313
Property Features for 8901 Shore Rd 7B
General Information
Standard status
Active
Size
720 SF
Property subtype
Residential
Building Details
Building Size
720 SF
Units
54
Listing Agency:
Ben Bay Realty Co
Listed By:
Joseph F. Girgenti
(718) 372-6442
Source:
Elliman
Added: Dec 3, 2025
Changed: Sep 30
Last Checked: Oct 11 at 6:47AM
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 Ben Bay Realty Co
Investment Insights
Based on property information with market context.
Located in Harbor View Towers, this co-op building offers 24-hour concierge service. The unit features one bedroom with space for a king-sized bed, a living/dining room, and wood floors. Multiple closets provide storage space. Central air, central heat, and cooking gas are included in the monthly maintenance. Laundry facilities are available on every level. Storage is available in the lower level. The building is located minutes from Shore Road Promenade, with access to NYC Transit (R Line), express bus to Manhattan, shopping, and Bay Ridge's restaurant row.
Key Highlights
- Enjoy the convenience of a 24‑hour doorman and white glove concierge service.
- Monthly maintenance includes central air, central heat, and cooking gas.
- Features a spacious living/dining room and room for a king‑sized bed.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,981
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,620
$439.6K
Cap Rate 7%
$314,014
$314.0K
Cap Rate 9%
$244,233
$244.2K
Market Conditions
NOI Build-Up for 720 SF
Gross rent
$40.8K $56.64/SF
− Vacancy
−$816 −$1.13/SF
EGI
$40.0K $55.51/SF
− OpEx
−$18.0K −$24.98/SF
NOI
$22.0K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,620
Cap Rate 7%
$314,014
Cap Rate 9%
$244,233
Alternative Uses
Best Use
Apartment 5plus
$314.0K
$274.8K – $366.4K
NOI $21,981 @ 7.0% cap · market cap 7.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$596.2K
$521.6K – $695.5K
NOI $41,731 @ 7.0% cap · market cap 13.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,356
Businesses Nearby
Explore this area
Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - One-bedroom co-op with doorman in Harbor View Towers.
Where is this apartment building located?
The property is located at 8901 Shore Rd 7B Brooklyn, NY.
What is the asking price?
The asking price for this property is $302,000.
What are key features of this property?
This property features: Enjoy the convenience of a 24‑hour doorman and white glove concierge service.; Monthly maintenance includes central air, central heat, and cooking gas.; Features a spacious living/dining room and room for a king‑sized bed.
