8743 Bay 16th Street, Brooklyn, NY 11214 (MLS# 2406881)
Listing Courtesy of Safari Realty
$1,999,999
Brooklyn, NY 11214
MLS# 2406881
Status: Closed

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Property Description
Great opportunity for investors and builders in the highly sought-after Bath Beach section of Brooklyn. This property has a 65x97 R5-zoned lot with an expanded floor area ratio and is being sold ''LAND ONLY'' and ''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.
Details
Maps
Documents
AddressLegal
Street No.: 8743
Street Name: Bay 16th
Street Suffix: Street
County: Kings
State: NY
Zip Code: 11214
Area Name: Bath Beach
Parcel ID: 06401-0015
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2024-12-19
Sold Price: $1,999,999
Current Price: $1,999,999
Sub-Type: Residential
Zoning: R-5
Block: 06401
Lot: 0015
General Property Info
Taxes: 12480
Tax Abated: No
Lot Size SqFt: 6290
Lot Dim: 65x97
Irregular: No
Gas Available: Yes
Electric Available: Yes
Public Remarks: Great opportunity for investors and builders in the highly sought-after Bath Beach section of Brooklyn. This property has a 65x97 R5-zoned lot with an expanded floor area ratio and is being sold ''LAND ONLY'' and ''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.
Status Change Info
Pending Date: 2025-11-25
Sold Date: 2026-03-19
Sold Price: $1,999,999
Projected Close Date: 2026-03-16
Property Features
Sewer: Public Sewer
Showing Instructions: Call Agent
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.
Lead Based Paint Disclosure