269 Bay 8th St 1, Brooklyn, NY 11228-3945
This exceptional commercial condo, located at 269 Bay 8th Street in Brooklyn, New York, presents a unique investment opportunity. The property encompasses 3,243 square feet, spread across the first floor and lower level, currently vacant and ready for immediate occupancy. Priced at $899,000, this translates to a compelling price per square foot of $277.21. The building features central heating and cooling, ensuring year-round comfort for tenants. The property is zoned R4, offering flexibility for a variety of commercial uses. Its convenient location provides easy access to the Belt Parkway, enhancing accessibility and logistical efficiency for businesses. This is a traditional office space ideal for a variety of uses, offering a strong return on investment in a vibrant Brooklyn neighborhood. The address is 269 Bay 8th Street, Brooklyn, NY 11228, Kings County. The property is a vacant commercial condo, ready for immediate renovation and occupancy to suit the buyer's specific needs. This presents a rare opportunity to acquire a well-located, sizable office space in a thriving area of Brooklyn.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R4 · Brooklyn, NYBrooklyn. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.