#487921, Listing Office: RE/MAX Edge
8743 Bay 16th St Unit 4 Brooklyn, NY 11214
$2,890,000 List price
7 beds
5 full
2,800 sqft
$1,032 / sqft
Multi-Family
Property details
About 8743 Bay 16th St Unit 4
Great opportunity for investors and builders in the highly sought-after Bath beach section of Brooklyn. This 65x97 lot is R5-zoned with an expanded floor area ratio. Being sold "AS IS" offering tremendous potential for future development. The property currently has four tenant occupied units. Property can be delivered "Vacant". Buyers are responsible for their own due diligence. All offers must be submitted with proof of funds and pre-approval. Please send all documentation to LA
Highlights
Home typeMulti Family
HeatingSteam, Natural Gas
StatusActive
Size2,800 sqft
BasementYes
Year built1917
ParkingDetached Garage, Street
MLS #488470
Summary
- MLS Number: 488470
- Office Name: BHGRE Safari Realty
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Last updated on: 2/7/2025, 12:21:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,890,000
8743 Bay 16th St Unit 4
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Price information
Property sales
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Tax history
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Nearby schools
6
P.S. 748 Brooklyn School for Global Scholars
Public District KG-5
0.1 mi
•1664 Benson Ave
7
P.S. 200 Benson School
Public District KG-5
0.3 mi
•1940 Benson Ave
7
P.S. 204 Vince Lombardi School
Public District KG-5
0.6 mi
•8101 15th 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 $55,021. The most common annual income of people living in Brooklyn, NY is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
27%
<35k
52%
35k-100k
19%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
35%
Single, No Kids
8%
Single, with Kids
25%
Married, No Kids
32%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
29%
18-34 yrs old
39%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Hiking/backpacking
Live Theatre
Where do the neighbors shop?
IKEA
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
Quiznos
Starbucks
Boston Market
What do the neighbors drive?
Lexus
Audi
Mercedes
What do the neighbors listen to?
Soft Adult Contemporary- Alternative
News
All data provided by Home Junction and Claritas
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This home is located at 8743 Bay 16th St Unit 4 in Brooklyn, NY and zip code 11214 in the Bath Beach neighborhood. This 2,800 square foot home was built in 1917. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 9, 2025 and is currently priced at $2,890,000.
Brooklyn, NY housing market in January 2025 saw over 31 listings sold above listed price, more than 254 sold at listed price and over 154 sold below. The number of homes for sale in Brooklyn, NY decreased by 4.4% between December and January 2025. The median list price of listings available in January 2025 was $991,265, while the average time on the real estate market was 93 days.
From Rocket Homes Real Estate and based on county public records data.