7616 Bay Pkwy, Brooklyn, NY 11214
This exceptional commercial land opportunity in Brooklyn, NY, presents a 2,492 square foot lot ideally suited for a variety of businesses. Located at 7616 Bay Parkway #1A, this ground-level space boasts high visibility and accessibility due to its prime location with significant vehicle and pedestrian traffic. The property features a spacious 3,280 square foot lot and a ceiling height ranging from 11 to 15 feet, offering ample room for development and customization. Currently configured as a childcare center, this versatile space is well-suited for a range of uses, including medical or professional offices, community centers, or other commercial ventures. The asking price is $2,385,450. The property is a single-story, one-unit condominium located in Kings County (Brooklyn), New York, zip code 11214. Its strategic location ensures maximum exposure and attracts a substantial customer base. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Brooklyn neighborhood. Don't miss out on this chance to establish your business in a high-traffic area with excellent visibility and a spacious layout.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.