8678 Bay Pkwy Brooklyn, NY 11214
Property details
About 8678 Bay Pkwy
Prime investment opportunity in the heart of Bath Beach! Presenting 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!!
Highlights
Summary
- Full Bathrooms: 30
- Basement: Yes
- Flooring Type: Hardwood
- Total Bedroom Count: 74
- Attached Garage: No
- Parking: None, None
- Architectural Style: Other
- Heating: Hot Water, Steam, Natural Gas
- Cooling: Other
- List Price: $10,500,000
- Price/SqFt: $339
- Year Built: 1915
- Stories: 6
- Living Area: 30,960 SqFt
- MLS Number: 494350
- Office Name: SI Premiere Properties
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Price information
Property sales
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Tax history
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Nearby schools
8
P.S. 101 Verrazano School
Public District KG-5
0.3 mi
•8696 24th Ave
4
P.S. 128 Bensonhurst School
Public District KG-5
0.3 mi
•2075 84th St
7
P.S. 200 Benson School
Public District KG-5
0.4 mi
•1940 Benson Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,741. The majority of Brooklyn, NY residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
Frequently asked questions
About 8678 Bay Pkwy
The listing price of 8678 Bay Pkwy property is $10,500,000.
The property 8678 Bay Pkwy is a multi located in Brooklyn, New York, 11214.
Active Listing: 8678 Bay Pkwy is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8678 Bay Pkwy are: P.S. 101 Verrazano School (GreatSchools Rating 8/10), P.S. 128 Bensonhurst School (GreatSchools Rating 4/10), P.S. 200 Benson School (GreatSchools Rating 7/10), I.S. 281 Joseph B. Cavallaro (GreatSchools Rating 7/10), Brooklyn School of Inquiry (GreatSchools Rating 9/10), I.S. 96 Seth Low (GreatSchools Rating 5/10), Brooklyn Studio Secondary School (GreatSchools Rating 5/10), International High School at Lafayette (GreatSchools Rating 2/10), Expeditionary Learning School for Community Leaders (GreatSchools Rating 6/10).
The property 8678 Bay Pkwy is 30,960 SqFt (source: MLS/tax record).
The year of construction for 8678 Bay Pkwy is 1915.
This home is located at 8678 Bay Pkwy in Brooklyn, NY and zip code 11214 in the Bath Beach neighborhood. This 30,960 square foot home was built in 1915. Features: 74 bedrooms, 30 bathrooms. It has been listed on Rocket Homes since July 22, 2025 and is currently priced at $10,500,000.
In June 2025, from all listings sold in Brooklyn, NY there were more than 44 sold above asking price, over 155 sold below and more than 293 were sold right at the asked price. The number of listings in Brooklyn, NY decreased by 5% between May and June 2025. Listings spent 92 days on the market in June 2025, and had a median list price of $1,019,077 during the same period.