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    Property profile & analytics

    6817 Bay Pkwy, Unit 6823 Brooklyn, NY 11204-5507

    • Retail space
    • 3,569 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $17,065,000
    Last Sale
    Jan 21, 2021
    $15,150,000
    Location Intelligence
    Property ID
    US63-4235536
    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

    • Brenner Travel Services / Travel Agency
    • MoneyGram / Money Transfer Service
    • Yelena Dubovaya / Pharmacy
    • City Wide Radiology / Medical Center

    Property Details for 6817 Bay Pkwy

    Year built
    2012
    Lot size
    0.08 lot acres
    Property size
    3,569 SF
    Zone code
    C42A
    Property type
    Retail space
    APN
    06575-0003
    APU
    65750003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $18,295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $15,090,000
      6.5%
      $13,965,000
      7%
      $16,885,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $13,410,000
      Geo Method
      $17,245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $13,900,000
      Retail
      $14,985,000
      Mixed-Use
      $16,605,000
      Hospitality
      $15,480,000
      Educational
      $13,790,000
      Residential Income
      $17,085,000
      Energy
      $16,905,000
      Income-Based Land
      $14,185,000
      Food Service
      $15,965,000

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9837
    Latitude
    40.6112
    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
    $45,958
    $97,200
    $384,300
    $481,500
    -
    $216,000
    $854,000
    $1,070,000

    Comparable in this City

    • Value Estimation by Request
      9,500 SF

      6713 18th Ave, Unit 6723

      RETAIL STORES (PERSONAL SERVICES) • 9,500 SF
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      View Details
    • Value Estimation by Request
      16,000 SF

      5815 Bay Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 16,000 SF
      5815 Bay Pkwy, Brooklyn, NY 11204
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    • Value Estimation
      $480,000
      5,250 SF

      97 Ave O O

      RETAIL STORES (PERSONAL SERVICES) • 5,250 SF
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      View Details
    • Value Estimation
      $280,000
      642 SF

      1425-1427 10th St

      RETAIL STORES (PERSONAL SERVICES) • 642 SF
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    • Value Estimation
      $680,000
      12,406 SF

      4930 20th Ave

      RETAIL STORES (PERSONAL SERVICES) • 12,406 SF
      4930 20th Ave, Brooklyn, NY 11204-1730
      View Details
    • Value Estimation
      $500,000
      4,462 SF

      6614 Bay Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 4,462 SF
      6614 Bay Pkwy, Brooklyn, NY 11204-3933
      View Details

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    Brooklyn, NY 11204-5507
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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
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