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8743 Bay 16th St., Brooklyn, NY 11214 (MLS# 2500133)

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8743 Bay 16th St., Brooklyn, NY 11214

$1,999,999
Property Type: MultiFamily Bedrooms: 7 Baths: 5 Square Footage: 2,800 Lot Size (sq. ft.): 6,290 Status: Closed
Current Price: $1,999,999 List Date: 9/04/2025 Last Modified: 3/20/2026

Overview

Description

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. Property currently has one tenant occupied unit on third floor. All other floors are vacant. Buyers are responsible for their own due diligence.

Listing Details MLS# 2500133

AddressLegal

Street No.
8743
Street Name
Bay 16th St.
County
Kings
State
NY
Zip Code
11214
Area Name
Bath Beach
Parcel ID
06401-0015

ContractLocation Information

Marketing/Listing Date
2025-01-08
Sub-Type
Quadruplex
Zoning
R5
Block
06401
Lot
0015

General Property Info

Stories
3
Full Baths
5
3/4 Baths
4
Total Baths
5
Year Built
1917
Year Built Info
Approx
Taxes
12480
Tax Abated
No
Lot Size SqFt
6290
Lot Dim
65x97
Building SqFt
2800
# Units
4
Garage Capacity
Yes
Pool Y/N
No
No. of Heating Units
4
Air Conditioner
Units
Public Remarks
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. Property currently has one tenant occupied unit on third floor. All other floors are vacant. Buyers are responsible for their own due diligence.
Half Baths
0

Status Change Info

Pending Date
2025-11-25
Sold Date
2026-03-19
Projected Close Date
2026-03-16

Unit 1

Unit 1 - # Rooms
7
Unit 1 - # Bedrooms
3
Unit 1 - # Baths
2
Unit 1 - Rent/Month
0

Unit 2

Unit 2 - # Rooms
3
Unit 2 - # Bedrooms
Yes
Unit 2 - # Baths
2
Unit 2 - Rent/Month
0

More Information

Unit 3

Unit 3 - # Rooms
5
Unit 3 - # Bedrooms
2
Unit 3 - # Baths
Yes
Unit 3 - Rent/Month
0

Unit 4

Unit 4 - # Rooms
3
Unit 4 - # Bedrooms
Yes
Unit 4 - # Baths
Yes
Unit 4 - Rent/Month
0

Address/Legal

Section
N/A
Country
United States

Contract/Location Information

List Price/SqFt
810.71
CofO
No
List Type
Exclusive Right To Sell
REO
No
Owner Finance
No

Sewer

Public Sewer
Yes

Income & Expenses

Gross Income
0
Net Income
0
Total Expense
0

Electric

220
Yes

Heat Source

Natural Gas
Yes

Heat System

Hot Water
Yes

Kitchen

Eat In
Yes

Living Room

Combination
Yes

Electric Meters

Individual
Yes

Main Bath

Full Bath
Yes

Gas Meters

Individual
Yes

Basement

Finished
Yes
Full
Yes

Parking

On Street
Yes

Garage Location

Detached
Yes

Siding

Aluminum Siding
Yes

Property Condition

Good
Yes

Property Features

Kitchen: Eat In Electric Meters: Individual Living Room: Combination Gas Meters: Individual Main Bath: Full Bath Sewer: Public Sewer Electric: 220 Basement: Finished; Full Parking: On Street Garage Location: Detached Siding: Aluminum Siding Heat Source: Natural Gas Heat System: Hot Water Property Condition: Good
Listing Courtesy of Safari Realty
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.