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8678 Bay Pky 30 Unit Apartment Building $12,556,644 CAD ($418,555 CAD/Unit) Brooklyn, NY 11214



INVESTMENT HIGHLIGHTS
- 30 unit rental
- great for seasoned investor.
- 1031 exchange
EXECUTIVE SUMMARY
Prime investment opportunity in the heart of Bath Beach! Presenting 8678 Bay Parkway—a solid, four-story, 30-unit brick apartment building offering long-term upside and exceptional income potential. Built in 1915, this well-maintained pre-war walk-up encompasses approximately 30,960 square feet of residential space and sits on a 100' x 102' lot. The building features a mix of spacious 1- to 4-bedroom units, many with hardwood floors and classic layouts. Zoned R6, this property offers investors stability, immediate cash flow, and future value-add potential. Perfectly positioned near public transportation (Bay Parkway D train), Caesar's Bay Shopping Center, and major parks, tenants enjoy convenience and connectivity in a thriving neighborhood. Surrounded by a diverse community, restaurants, schools, and shopping options, this is a rare opportunity to acquire a turnkey asset in one of Brooklyn's most desirable locations. . Rent Roll and expense sbroken down in document section of MLS. Great for seasoned investor for 1031 exhange!!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $12,556,644 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $418,555 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Sale Condition | 1031 Exchange | Building Size | 30,960 SF |
| No. Units | 30 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1915 |
| Property Subtype | Apartment | ||
| Zoning | R6 - R6 is a medium-density residential zoning district. | ||
| Price | $12,556,644 CAD |
| Price Per Unit | $418,555 CAD |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.22 AC |
| Building Size | 30,960 SF |
| No. Stories | 4 |
| Year Built | 1915 |
| Zoning | R6 - R6 is a medium-density residential zoning district. |
AMENITIES
UNIT AMENITIES
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 30 | - | 700 |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (83)
PROPERTY TAXES
| Parcel Number | 06380-0001 | Improvements Assessment | $1,281,329 CAD (2025) |
| Land Assessment | $130,165 CAD (2025) | Total Assessment | $1,411,494 CAD (2025) |
PROPERTY TAXES
Parcel Number
06380-0001
Land Assessment
$130,165 CAD (2025)
Improvements Assessment
$1,281,329 CAD (2025)
Total Assessment
$1,411,494 CAD (2025)
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8678 Bay Pky
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