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

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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
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
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

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)
  • Listing ID: 36850688

  • Date on Market: 2025-07-21

  • Last Updated:

  • Address: 8678 Bay Pky, Brooklyn, NY 11214

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