8973 Bay Parkway, Brooklyn, NY 11214 Property Information
Also known as: 1608 Shore Pkwy, Brooklyn, NY 11214
8973 Bay Parkway, Brooklyn, NY 11214 Property Information
Also known as: 1608 Shore Pkwy, Brooklyn, NY 11214
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 8973 Bay Parkway |
| Secondary address | 8923-8959 Bay Pkwy |
| Neighborhood | Gravesend |
| Zip code | 11214 |
| Borough | Brooklyn |
| Block & lot | 06491-0011 |
Sales & Tax Overview for 8973 Bay Parkway, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 12/16/2021 |
| Purchase price | $11,084,675 |
| Tax class | Register |
| Estimated property tax | $3,421,249 |
Lot & Building Information for 8973 Bay Parkway, Brooklyn
| Lot sq. ft. | 970,000 |
| Lot dimensions | |
| Property type | Shopping Center with or without Parking (K6)
|
| Building sqft | 301,400 |
| Building dimensions |
| Buildings on lot | 6 |
| Stories | 2 |
| Year built | 1957 |
Area Overview
| School district | 20 |
| Community district | 11 |
| Closest police station | 0.48 Miles |
| Closest fire station | 0.59 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 8973 Bay Parkway, Brooklyn
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 8923-8959 Bay Pkwy, Brooklyn, NY 11214
- 8961 Bay Pkwy, Brooklyn, NY 11214
- 1608-1628 Shore Pkwy, Brooklyn, NY 11214
- 1630 Shore Pkwy, Brooklyn, NY 11214
- 1684 Shore Pkwy, Brooklyn, NY 11214
About 8973 Bay Parkway, Brooklyn
This Shopping Center with or without Parking (K6) located at 8973 Bay Parkway, Brooklyn, NY 11214 has a total of 301,400 square feet.
What is the year built & the current market value of 8973 Bay Parkway, Brooklyn, NY 11214?8973 Bay Parkway, Brooklyn, NY 11214 was built in 1957 and has a current tax assessor's market value of $92,521,000.
How many commercial spaces does this building have?This building has 16 commercial spaces available for lease. There are 2 active listings at this address.
Ownership Information for 8973 Bay Parkway, Brooklyn
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Spaces for Lease in 8973 Bay Parkway, Brooklyn
| Listing type | For Lease |
|---|---|
| Listing date | 03/09/2020 |
| Last updated | 01/23/2025 |
| Lot size | 30.03 Acre |
Brokers
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 8973 Bay Pkwy #B | Restaurant | Listing price not available | 385 | Jason Pennington Benjamin Weiner |
| 8973 Bay Pkwy #A | Restaurant | Listing price not available | 2,958 | Jason Pennington Benjamin Weiner |
Past Sales & Property History for 8973 Bay Parkway, Brooklyn
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*Here are the three most recent sales for this property.
Title Documents for 8973 Bay Parkway, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 8973 Bay Parkway, Brooklyn
Access detailed property tax data for 8973 Bay Parkway, Brooklyn, NY 11214. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $2,868,746 |
| Estimated property tax: | $3,421,249 |
| Tax assessor's market value: | $92,521,000 |
| Assessed value: | $41,634,450 |
| Exemptions granted by city: | Register |
Assessment History for 8973 Bay Parkway, Brooklyn
Here's the assessment & property tax history for 8973 Bay Parkway, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $92,521,000 | $41,634,450 | $26,444,926 | 10.848% | $3,543,554 | $2,868,746 | +19.55% |
| 2024/25 | $89,004,000 | $40,051,800 | $22,297,771 | 10.762% | $3,203,036 | $2,399,686 | +22.42% |
| 2023/24 | $60,477,000 | $27,214,650 | $18,505,845 | 10.592% | $2,882,576 | $1,960,139 | +17.18% |
| 2022/23 | $57,033,000 | $25,664,850 | $15,711,930 | 10.646% | $2,732,280 | $1,672,692 | +7.49% |
| 2021/22 | $57,035,000 | $25,665,750 | $14,468,715 | 10.755% | $2,760,351 | $1,556,110 | +25.39% |
Permits for 8973 Bay Parkway, Brooklyn
The complete history of permits filed for 8973 Bay Parkway, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
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Brooklyn Commercial Market Stats
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
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Risk
| FEMA flood zone(s): | 0.2,AE,VE,X (See more on map) |
| Hurricane evacuation zone: | 1 (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Bay Pkwy & 86th St at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | D | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.627 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Shore Py/Bay Py | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.098 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 8973 Bay Parkway, Brooklyn
Here are the neighbors for 8973 Bay Parkway, Brooklyn, NY 11214.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 1730 Shore Pkwy, Brooklyn | 20,212 | ||
| 1728 Shore Pkwy, Brooklyn | 100,396 | ||
| 1597 Independence Ave, Brooklyn | 2,024 | 03/11/2007 | $760,000 |
| 890 E 7th St, Brooklyn | 7,080 | 05/28/1996 | |
| 620 Foster Ave, Brooklyn | 29,712 | 02/01/2012 | $7,866,175 |
| 866 E 7th St, Brooklyn | 2,880 | 11/06/2024 | |
| 1602 Shore Pkwy, Brooklyn | 3,968 | 06/02/2000 | |
| 1736 Shore Pkwy, Brooklyn | 40,283 | ||
| 2100 Cropsey Ave, Brooklyn | 30,048 | 12/08/1988 | |
| 1593 Independence Ave, Brooklyn | 992 | 02/06/2026 | $720,000 |
| 1117 Shore Pkwy, Brooklyn | 2,024 | 07/31/2024 | |
| 1752 Shore Pkwy, Brooklyn | 259,823 | 09/25/2019 | $73,000,000 |
| 1591 Independence Ave, Brooklyn | 992 | ||
| 864 E 7th St, Brooklyn | 2,880 | 03/30/2026 | $1,420,000 |
| 1589 Independence Ave, Brooklyn | 992 | 09/11/2017 | $651,000 |
| 1115 Shore Pkwy, Brooklyn | 1,360 | 01/22/1998 | |
| 2106 Cropsey Ave, Brooklyn | 19,626 | 12/22/1988 | |
| 1483-1495 Shore Pkwy, Brooklyn | 349,060 | 05/04/2004 | $1,795,477 |
| 1595 Independence Ave, Brooklyn | 992 | 10/03/1996 | |
| 1776 Shore Pkwy, Brooklyn | 5,400 | 12/28/2012 | $3,361,092 |