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7516 Bay Pky

4,487 - 8,107 SF Units Offered at £1,958,552 - £2,511,186 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

Price £1,958,552 - £2,511,186
Unit Size 4,487 - 8,107 SF
No. Units 3
Total Building Size 39,730 SF
Property Type Residential
Property Subtype Apartment
Building Class A
Number of Floors 7
Typical Floor Size 4,995 SF
Year Built 2019
Lot Size 0.30 AC
Parking Ratio 0.75/1,000 SF

3 Units Available

Unit CF1

Unit Size 8,107 SF
Price £2,119,476
Price Per SF £261.44
Unit Use Medical
Sale Type Investment or Owner User
Net Initial Yield 3.51%
NOI £74,476.02
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 CF3

Unit Size 5,698 SF
Price £2,511,186
Price Per SF £440.71
Unit Use Office/Medical
Sale Type Investment
Net Initial Yield 5.63%
NOI £141,298.34
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.

Unit CF2

Unit Size 4,487 SF
Price £1,958,552
Price Per SF £436.49
Unit Use Office/Medical
Sale Type Investment
Net Initial Yield 6.92%
NOI £135,611.11
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
View Photo 1st floor cf2
Walk Score ®
Walker's Paradise (92)
Transit Score ®
Rider's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

Unit Amenities

  • Air Conditioning
  • Wheelchair Accessible (Rooms)

Site Amenities

  • Lift

zoning

Zoning Code R6 (Medium density residential zoning district.)
R6 (Medium density residential zoning district.)
  • Listing ID: 27714873

  • Date on Market: 09/02/2023

  • Last Updated:

  • Address: 7516 Bay Pky, Brooklyn, NY 11214

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