8629 Bay Parkway

8629 Bay Parkway is a condo located in Gravesend, Brooklyn. The building was first built in 1956 and is 68 years old. It was first renovated and altered in 2011. But was most recently renovated and altered in 2011. The lot that the building was built on is 120 feet wide and 97 feet long. The official lot area is listed as 11,600 square feet. In total, 8629 Bay Parkway has a total floor area of 33,284 square feet. Of that, 29,624 square feet are used for residential purposes. About 3,660 square feet of the building are used for commercial purposes. Additionally, the building has a 1,575 square feet garage. There are a total of 76 units. Of those, 38 are residential units. There are 38 commercial units. 8629 Bay Parkway has a total of 6 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Don't forget to take full advantage of the roof deck where you can soak up some sun during summer or host a get together with your friends and family. On weekends, residents can enjoy the building's patio. Both dogs and cats are allowed in the building! There are 50 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 159 days and tend to sell below the original asking price of $686,500 by 5.19%. Meaning, listings tend to sell at a median of $775 price per square foot. The transaction that took the longest to complete was unit 2C, listed on Jan 19, 2023 for $710,000. This particular unit ultimately sold 249 days later for $675,000. The most recent transaction was for unit 2C, which was first advertised on Jan 19, 2023, sold for $675,000 on Sep 26, 2023. Fun fact, the oldest transaction we have on record took place on Mar 13, 1990. See the full transaction history for 8629 Bay Parkway below.

Gravesend, where 8629 Bay Parkway is located, has a median asking price of $575,000 for condo buildings. Meanwhile, the building itself has a median asking price of $686,500. For interested buyers, that means the building's median asking price is around 1.11% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $839,900. It is a 991 sqft 2-bedroom and 2-bathroom unit.