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Sold
  • $1,900,000

    7508 Bay Pkwy, Brooklyn, NY 11214

    --beds
    2,800sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $679/sqft
    $3,180 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,180/mo

    Zestimate® history
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    What's special

    Experience unparalleled potential in the heart of Brooklyn with this strategically located property. Presenting a prime opportunity for discerning investors and visionary developers, this parcel boasts a remarkable 10,000 sqft of buildable square footage. Currently, a robust 2-story structure with a basement graces the lot, offering a foundation that teems with endless possibilities. For those looking to maximize their investment immediately, architectural plans for a 6-floor mixed-use building housing 8 residential units and 2 commercial spaces are available. The lot size 3,367 ensures versatility, allowing for both residential and commercial developmental endeavors. Set on the esteemed Bay Parkway, benefit from significant foot traffic, immediate proximity to transportation hubs, and a bustling neighborhood filled with shops, restaurants, and parks. This is Brooklyn at its best: a harmonious blend of modern convenience and timeless tradition. Whether you envision following the current architectural plan, crafting luxurious residences, or creating a prime commercial hotspot, 7508 Bay Parkway awaits as your next real estate masterpiece. Contact our team for an exclusive viewing and further discussion on the myriad of opportunities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Oxford Property Group,

    Anna Ji

    Source: StreetEasy,MLS#: S1685008

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 2
    • Full bathrooms: 2
    Interior area
    • Total structure area: 2,800
    • Total interior livable area: 2,800 sqft

    Property

    Features
    • Patio & porch: Other
    • Exterior features: Courtyard
    Details
    • Parcel number: 062300041
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1920

    Community & HOA

    Community
    • Subdivision: Bensonhurst
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $679/sqft
    • Tax assessed value: $1,453,000
    • Annual tax amount: $12,600
    • Date on market: 10/11/2023

    Price history

    DateEventPrice
    4/29/2024Sold$1,900,000-2.6%$679/sqft
    Source: Public Record Report a problem
    12/24/2023Listing removed$1,950,000$696/sqft
    Source: StreetEasy Report a problem
    11/30/2023Price change$1,950,000-20.4%$696/sqft
    Source: StreetEasy Report a problem
    10/12/2023Listed for sale$2,450,000+11.4%$875/sqft
    Source: StreetEasy Report a problem
    2/2/2017Sold$2,200,000+254.8%$786/sqft
    Source: Public Record Report a problem
    1/14/2004Sold$620,000$221/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,396 +4.7%$87,180
    2024$13,747 $87,180 -12.2%
    2023-- $99,240 +13.1%
    2022-- $87,780 -8.8%
    2021-- $96,240 +6.1%
    2020$12,797 +6%$90,720 -7.1%
    2019$12,073 +7.3%$97,680 +81.5%
    2018$11,256 +7.2%$53,809 +4.5%
    2017$10,499 +5.3%$51,502 +1%
    2016$9,973 $51,004 +1.2%
    2015$9,973 +70.2%$50,382 +6%
    2014$5,860 $47,531 +6%
    2013-- $44,841 +4.5%
    2012-- $42,919 +1%
    2011-- $42,504 +1.2%
    2010-- $41,986 +6%
    2009-- $39,610 +6%
    2008-- $37,368 +4.5%
    2007-- $35,766 +1%
    2006-- $35,420
    2005-- $35,420 +4%
    2004-- $34,063 +44.3%
    2003-- $23,607 +6%
    2002-- $22,272 +1.3%
    2001-- $21,984
    2000-- $21,984
    Find assessor info on the county website

    Neighborhood: Bensonhurst

    Nearby schools

    GreatSchools rating