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    8800 Bay Pkwy Brooklyn, NY 11204

    Sponsored
    For Sale
    $481,250

    700 SF Lot, High-Traffic Area

    Property size:
    700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 700 square foot commercial land parcel presents a remarkable investment opportunity in the vibrant Bensonhurst neighborhood of Brooklyn, New York. Located at 8800 Bay Parkway C1, this property boasts a highly desirable location with maximum visibility due to its frontage on Bay Parkway, a major thoroughfare ensuring high traffic volume. The 700 square foot lot offers significant potential for a variety of commercial uses, including retail, office space, or service-based businesses. Its strategic position within Bensonhurst provides easy access for customers and employees alike. The asking price for this prime commercial land is $481,250. The property is situated in Kings County (Brooklyn), New York, with a zip code of 11204. The geographic coordinates are 40.6195067 latitude and -73.9859414 longitude. This is an ideal opportunity for entrepreneurs and investors seeking a well-positioned commercial property in a thriving Brooklyn community. The property's size and location make it an attractive prospect for businesses seeking a strong presence in a high-traffic area. The ceiling height is noted as "Other," requiring further inquiry for specific details. This property offers a unique chance to establish or expand a business in a dynamic and accessible location. Don't miss this chance to secure a piece of Brooklyn's commercial real estate market.

    Property Features for 8800 Bay Pkwy

    General Information

    Property type
    Land
    Square Feet
    700 SF

    HighLights

    • $481,250 asking price.
    • 700 square foot commercial land parcel.
    • Located at 8800 Bay Parkway C1, Brooklyn, NY 11204.
    • High‑traffic location in Bensonhurst, offering excellent visibility.
    • Suitable for retail, office, or service businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bay Park Tower Apartment Building

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings (Brooklyn)
    State
    New York
    Longitude
    -73.9859414
    Latitude
    40.6195067

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    FAQs

    What type of property is this?
    Land - 700 SF Lot, High-Traffic Area
    Where is this land located?
    The property is located at 8800 Bay Pkwy Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $481,250.
    What are key features of this property?
    This property features: $481,250 asking price.; 700 square foot commercial land parcel.; Located at 8800 Bay Parkway C1, Brooklyn, NY 11204.
    Request Owner's contact information
    8800 Bay Pkwy Brooklyn, NY 11204
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    Brooklyn, NY 11204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8800 Bay Pkwy Brooklyn, NY 11204
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