Bay Parkway Condominium
7608 Bay Parkway, Brooklyn, NY 11214
Overview
Bay Parkway is a 35-unit condo in Brooklyn, with 18 parking units and 3 commercial units.
- Offering plan: Accepted August 2016 · 283 pages
- Finishes: 8-foot ceilings, hardwood floors, laminate kitchen countertops, plastic laminate cabinets, GE and Magic Chef appliances and washer/dryer hook-ups
- Prices: $636 a square foot on average, as first offered; $28.8 million in all ($23 million when first offered)
- Sponsor: 38 Group Inc., represented by Lawrence Lixin Yang, P.C.; principals Gui Yang Wang (aka Tony Wang), Hui Zhen Kuang and Ze Shun Li
- Neighborhood: Bensonhurst, Brooklyn
- Subway: 9-minute walk to Bay Pkwy (N); 10 minutes to Bay Pkwy (D)
- Amendments: 7, the latest in September 2019
- Units
- 35 residential · 18 parking · 3 commercial
- Neighborhood
- Bensonhurst, Brooklyn
- Subway
- 9 min walk to Bay Pkwy NBay Pkwy D, 10 min
- Principals
- Gui Yang Wang (aka Tony Wang), Hui Zhen Kuang, Ze Shun Li
- Average $/sf
- $636Homes in Schedule A, as first offered
- Offering price
- $28.8 million total $23 million when first offered
- SubmittedSeptember 2016
- AcceptedAugust 2016
- 7 amendments
- First sale
- Latest sale
Units & Prices
Sales
35 of 38homes sold (92%)
From city records (ACRIS), through Jul 31, 2025.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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Property Taxes
The plan's first-year tax estimate, checked against the city's real bills.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 4 closing costs in the plan, with their pagesSee it free →The Building
Team
- Sponsor
- 38 Group Inc.
- Principals
- Gui Yang Wang (aka Tony Wang), Hui Zhen Kuang, Ze Shun Li
- Counsel
- Lawrence Lixin Yang, P.C.
- Construction lender
- Cathay Bank$7.5 million recorded
- General contractors
- Metrotech Development, Omni Build, Kings Star Construction, Aramis Construction, New Family Homes & BuildingHeld the general construction permit on DOB job 310060251
- Title agency
- Liberty Land Abstract, Inc.The sponsor's title company for buyers; you can choose another · Agent for Chicago Title Insurance Company · Named on p. 59
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6
Today's zoning, from city data (PLUTO 26v2).
Nearby
- Bealinnext door · 10 units · 2024
- Bay Plaza Condominiumnext door · 44 units · 30 parking · 2018
- Ridge Park Condominiumnext door · 10 units · 2021
- Joy Condominium0.1 mi · 16 units · 10 parking · 2019
- 168 Avenue P Condominium0.3 mi · 30 units · 14 parking · 2021
- Crystal Garden Condominium0.4 mi · 9 units · 9 parking · 2006
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