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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
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8973 Bay Parkway, Brooklyn, NY 11214 1
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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
Estimated property tax $3,421,249

Lot & Building Information for 8973 Bay Parkway, Brooklyn

Lot sq. ft. 970,000
Lot dimensions 822.83 ft x 1590 ft
Property type Shopping Center with or without Parking (K6)
Building sqft 301,400
Building dimensions 504 ft x 220 ft
Buildings on lot 6
Stories 2
Year built 1957
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Zoning & Use for 8973 Bay Parkway, Brooklyn

Zoning
Qualified opportunity zone
Commercial units 16
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


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

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 8973 Bay Parkway, Brooklyn, NY 11214, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 8973 Bay Parkway, Brooklyn, NY 11214, including DOB violations, ECB violations, HPD violations and 311 complaints.

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

How many square feet does 8973 Bay Parkway, Brooklyn, NY 11214 have?

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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Property owner name for 8973 Bay Parkway, Brooklyn, NY 11214
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Building contacts for 8973 Bay Parkway, Brooklyn, NY 11214
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 8973 Bay Parkway, Brooklyn

Ceasar's Bay Shopping Center
Listing type For Lease
Listing date 03/09/2020
Last updated 01/23/2025
Lot size 30.03 Acre
View Listing

Brokers

Jason Pennington
Benjamin Weiner
Spaces
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
Active Listings For This Property:
For Lease Ceasar's Bay Shopping Center
Ceasar's Bay Shopping Center
8973 Bay Parkway, Brooklyn
Property Community Center
Availability 2 Spaces listed / 3343 Sqft
Price Listing price not available
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 8973 Bay Parkway, Brooklyn

Create a free account to view the complete sales history for 8973 Bay Parkway, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
12/16/2021 $11,084,675
10/07/2021 $2,450,000
07/08/2021 $14,000,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 8973 Bay Parkway, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
11/08/2025 - D
01/22/2026 - R
Deed
(2025121800433002)
10/17/2025 - D
11/03/2025 - R
Deed
(2025110100033001)
03/27/2025 - D
04/25/2025 - R
NYC Real Property Transfer Tax
(2025042400756001)
04/24/2024 - R UCC3 Continuation
(2024042200150001)
01/24/2022 - R Initial UCC1
(2021122101373002)
01/07/2022 - R Initial UCC1
(2021122100679002)
12/16/2021 - D
01/24/2022 - R
Mortgage
(2021122101373001)
12/16/2021 - D
01/07/2022 - R
Mortgage
(2021122100679001)
12/16/2021 - D
12/30/2021 - R
Assignment of Lease
(2021122000619003)
12/16/2021 - D
12/30/2021 - R
Deed
(2021122000619002)
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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:

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.

Filing date Job type Job status Job description Initial cost
03/31/2026 Alteration
03/03/2026 Alteration
02/26/2026 Alteration
12/09/2025 Alteration
10/10/2025 Alteration
09/02/2025 Alteration
08/05/2025 Alteration
07/15/2025 Alteration
06/05/2025 Alteration
06/02/2025 Alteration
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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.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): 0.2,AE,VE,X (See more on map)
Hurricane evacuation zone: 1 (See more on map)

Transportation

Distance to Subway
Closest station Bay Pkwy & 86th St at SE Corner
Station lines D
Distance (miles) 0.627
View subway map
Bus Routes
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
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