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7516 Bay Pky 4,487 - 8,107 SF Condo Units Offered at $2,495,000 - $3,199,000 Per Unit in Brooklyn, NY 11214
INVESTMENT HIGHLIGHTS
- OWNER FINANCING AVAILABLE
EXECUTIVE SUMMARY
Positioned on one of Brooklyn's busiest thoroughfares, the commercial spaces at 7516 Bay Parkway offer unparalleled exposure and accessibility. This is an exceptional opportunity to own or lease at a prime location known for its robust foot and vehicle traffic. CF1: Ground-level with a full glass facade, this 8,701 square foot space is on the market for sale or lease. It's perfect for businesses seeking maximum visibility in a top-tier location. Ready for a full custom build-out, CF1 allows for a completely personalized design to suit any business need. CF2 & CF3: These units are a testament to the location’s desirability, currently fully leased and serving as a stable investment with proven tenant demand. Their occupancy demonstrates the value of being situated in a high-traffic area with excellent street presence. Each space can be acquired individually or as an aggregate investment, presenting a flexible proposition for a variety of business or investment requirements. With the bustling atmosphere and the storefront’s full glass exposure, 7516 Bay Parkway stands as the absolute best location for businesses aiming to stand out and investors looking for a reliable venture in Brooklyn’s commercial landscape.
PROPERTY FACTS
| Total Building Size | 39,730 SF | Typical Floor Size | 4,995 SF |
| Property Type | Multifamily | Year Built | 2019 |
| Property Subtype | Apartment | Lot Size | 0.30 AC |
| Building Class | A | Parking Ratio | 0.75/1,000 SF |
| Floors | 7 | ||
| Zoning | R6 - Medium density residential zoning district. | ||
| Total Building Size | 39,730 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 7 |
| Typical Floor Size | 4,995 SF |
| Year Built | 2019 |
| Lot Size | 0.30 AC |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | R6 - Medium density residential zoning district. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Elevator
3 UNITS AVAILABLE
Unit CF1
| Unit Size | 8,107 SF | Sale Type | Investment or Owner User |
| Price | $2,700,000 | Cap Rate | 3.51% |
| Price Per SF | $333.05 | NOI | $94,875 |
| Condo Use | Medical | APN/Parcel ID | 06230-1101 |
| Unit Size | 8,107 SF |
| Price | $2,700,000 |
| Price Per SF | $333.05 |
| Condo Use | Medical |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.51% |
| NOI | $94,875 |
| APN/Parcel ID | 06230-1101 |
DESCRIPTION
Prime location medical center.
SALE NOTES
OWNER FINANCING AVAILABLE
This raw commercial unit is the perfect canvas for your medical facility dreams! Located in a prime location and zoned for medical use, this unit offers endless possibilities for the new owner. With the option to modify the zoning, you have the freedom to build and design the space exactly how you envision it.
The unit is located in the basement, offering a unique and private setting for your medical facility. The raw condition of the space provides the opportunity for a complete renovation, allowing you to build and design the space to your exact specifications.With its prime location and potential for customization, this unit is the ideal choice for a new medical facility. Whether you are a startup or established business, this unit is the perfect opportunity to grow and expand your operation.
If you're interested in this property, we'd be happy to provide you with more information including the price. Please don't hesitate to reach out to us for any questions or to schedule a viewing.
This space is divisible-- please inquire within.
Unit CF2
| Unit Size | 4,487 SF | Sale Type | Investment |
| Price | $2,495,000 | Cap Rate | 6.92% |
| Price Per SF | $556.05 | NOI | $172,755 |
| Condo Use | Office/Medical | APN/Parcel ID | 06230-1102 |
| Unit Size | 4,487 SF |
| Price | $2,495,000 |
| Price Per SF | $556.05 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 6.92% |
| NOI | $172,755 |
| APN/Parcel ID | 06230-1102 |
DESCRIPTION
Prime storefront high traffic area.
SALE NOTES
OWNER FINANCING AVAILABLE
This stunning commercial unit is the perfect storefront— located in a prime location with high foot traffic.
The property features a spacious open floor plan with ample room . The large windows offer excellent visibility and allow plenty of natural light to flood the space. The storefront is sleek and modern, featuring clean lines and a sophisticated design. Currently, the unit is rented, providing an instant income stream for the new owner. The property is conveniently located near public transportation, making it easy for employees and customers to access.Don't miss out on this fantastic opportunity to own a piece of prime real estate. .
1st floor cf2
Unit CF3
| Unit Size | 5,698 SF | Sale Type | Investment |
| Price | $3,199,000 | Cap Rate | 5.63% |
| Price Per SF | $561.43 | NOI | $179,999.96 |
| Condo Use | Office/Medical | APN/Parcel ID | 06230-1103 |
| Unit Size | 5,698 SF |
| Price | $3,199,000 |
| Price Per SF | $561.43 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 5.63% |
| NOI | $179,999.96 |
| APN/Parcel ID | 06230-1103 |
DESCRIPTION
Prime Storefront 1st Floor high traffic area.
SALE NOTES
OWNER FINANCING AVAILABLE
This stunning commercial unit is the perfect storefront— located in a prime location with high foot traffic.
The property features a spacious open floor plan with ample room . The large windows offer excellent visibility and allow plenty of natural light to flood the space. The storefront is sleek and modern, featuring clean lines and a sophisticated design. Currently, the unit is rented, providing an instant income stream for the new owner. The property is conveniently located near public transportation, making it easy for employees and customers to access.Don't miss out on this fantastic opportunity to own a piece of prime real estate.
Presented by
Primus Realty Group USA
7516 Bay Pky
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