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. Great for seasoned investor for 1031 Exhange!!
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. Great for seasoned investor for 1031 Exhange!!
Listing Courtesy of SI Premiere Properties
