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Image 1 - 8699 Bay Parkway, New York, NY 11214, USA - House for sale
Image 2 - 8699 Bay Parkway, New York, NY 11214, USA - House for sale
Image 3 - 8699 Bay Parkway, New York, NY 11214, USA - House for sale
Image 4 - 8699 Bay Parkway, New York, NY 11214, USA - House for sale
Image 5 - 8699 Bay Parkway, New York, NY 11214, USA - House for sale
Image 6 - 8699 Bay Parkway, New York, NY 11214, USA - House for sale
Image 7 - 8699 Bay Parkway, New York, NY 11214, USA - House for sale
Image 8 - 8699 Bay Parkway, New York, NY 11214, USA - House for sale
Image 9 - 8699 Bay Parkway, New York, NY 11214, USA - House for sale
Home For Sale In Brooklyn, New York
8699 Bay Parkway, New York, NY 11214, USA

Home For Sale In Brooklyn, New York

house for sale
Listed: 01/17/24

8699 Bay Parkway, New York, NY 11214, USA

35 Bed:
16 Bath:
15,000 Sq Ft Living Area:
Save
Price
$ 4,08M

About This House

Attention Investors!!! A solid brick four-story walk-up, legal 16-families building in one of Bath Beachs most convenient locations. This incredible property is approximately15, 000sq ft with tremendous income potential! 3 three-bedrooms and 13 two-bedrooms. All oversized two-bedrooms can be easily converted to three-bedrooms. Most units were recently renovated. Enjoy multiple large storage rooms in the basement. New boiler and water heater. Building size 50 75 on Lot size52 97.Annual property tax$50, 277.Zoning R6. Perfect for Investment. Total annual income approx$334, 299.96.Total Expenses approx$94, 097.00.Total net operating income$240, 202.96.Cap Rate 6%. A block away from 86th St business district, short distance to D train Bay Pkwy. Convenient for all. Ask listing agent for rent roll.

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New York Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In April 2024, the asking price for 2 bed houses for sale in/near New York, United States averaged $879,422, a decrease of 13.4% from the previous month.
Median price trends for properties for sale in New York, United States as of April 2024.

Household Income

Median household income: $63,799
Number of households: 3,2M
The average household income in New York, NY grew from $60,879 to $63,799 in the past year. This data is an estimate based upon 3,2M households in New York, NY.
The chart below presents how household income is distributed in New York, NY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New York, NY compared to median property taxes around the country. The prevalent amount of property taxes in New York, NY equals $3k+ , which is more than the national average.