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Property profile & analytics

8686 Bay Pkwy Ste M1 Brooklyn, NY 11214-5193

  • Office Properties & Spaces
  • 3,106 SF
OFF-MARKET
Value Estimation
$610,000
Location Intelligence
Property ID
US63-1401451
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Dr. Vladimir Gressel, MD / Doctor
  • Sheng Liang / Physiatrist / Pain Management Physician
  • Rendr - Alex Wu, MD / Oncologist / Internist
  • Tammy Oung / Dentist / Medical School
  • Dr. Sergey Bogdan / Pain Management Physician / Sports Medicine Physician

Property Details for 8686 Bay Pkwy Ste M1

Property size
3,106 SF
Zone code
R6
Property type
Office Properties & Spaces
APN
06414-1001
APU
64141001

Description

This exceptional 2,730 square foot medical condo is ideally situated in the thriving Bensonhurst/Bath Beach neighborhood of Brooklyn, New York. Located on the ground floor of a modern elevator building constructed in 2007, this property offers unparalleled convenience and accessibility. Currently configured as a radiology practice, the space will be vacant at closing, presenting a blank canvas for a variety of medical professionals. The layout includes a welcoming entry foyer, a spacious reception area with a convenient back office, eight versatile rooms perfect for examination, consultation, or administrative use, three restrooms, and two storage rooms. An optional X-ray machine may be available for purchase separately. Indoor parking is also a valuable amenity. The building benefits from a 25-year tax abatement, significantly reducing operating costs. Current real estate taxes are a modest $441 annually, and monthly maintenance fees are $694. The property sits on a 0.31-acre lot and is conveniently located near the D train, ensuring easy access for both patients and staff. The motivated seller is eager to facilitate a swift and agreeable transaction. This presents a rare opportunity to acquire a turnkey medical practice space in a highly desirable location. The combination of size, amenities, and location makes this an exceptional investment.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.9961
Latitude
40.6002
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,792
$7,093
$220,991
$228,084
-
$15,763
$491,091
$506,854
More about this property
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