7206 Bay PkwyBrooklyn, NY 11204

Property Details for 7206 Bay Pkwy

Year built

1925

Lot size

0.06 AC

Property size (Sq ft)

3,150 SF

Zone code

R6

Property type

Office buildings

APN

06197-0034

APU

61970034

Description

This exceptional single-tenant office space, located at 7206 Bay Parkway in Brooklyn, New York, offers 2,300 square feet of versatile workspace. Situated in Kings County (Brooklyn), this property boasts a convenient location with easy access to local amenities and transportation. The building itself comprises a single suite, providing complete privacy and control over the entire space. The interior features a total of eleven rooms, providing ample space for various office functions, including private offices, collaborative work areas, and meeting rooms. Four partial baths are conveniently located throughout the building for the comfort of occupants. The property sits on a 2,500 square foot lot, offering potential for outdoor space or future expansion (subject to zoning regulations). This is an ideal opportunity for a business seeking a well-maintained, self-contained office space in a desirable Brooklyn location. The property is zoned for office use and is ready for immediate occupancy. The address is 7206 Bay Parkway, Brooklyn, NY 11204. This listing presents a rare chance to secure a substantial and functional office space in a thriving Brooklyn neighborhood. The property's size and layout offer flexibility for a variety of business needs. Serious inquiries are encouraged to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $520,789

  6.5%

  $480,728

  7%

  $446,391

• Comparable approach

  Method

  Valuation

  Relative Method

  $411,579

  Geo Method

  $411,579

• Alternative Use

  Use

  Valuation

  Residential

  $596,103

  Hospitality

  $546,027

  Educational

  $454,288

  Medical

  $469,912

  Retail

  $706,671

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6099

Longitude

-73.986

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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