THE CONDO BOOK PROJECT

8800 Bay Parkway Condominium

8800 Bay Parkway, Brooklyn, NY 11214

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Overview

8800 Bay Parkway is a 40-unit condo in Brooklyn, with 4 commercial units.

  • Offering plan: Accepted March 2024 · 279 pages · floor plans on page 3
  • Finishes: Wood floors, granite kitchen countertops, plastic laminate cabinets, Summit, GE and GE Appliances appliances, a washer and dryer in each apartment and a VRF heat pump system for heating and cooling
  • Prices: $1,132 a square foot on average, as first offered; $33.3 million in all
  • Common charges: $189–$435 a month, the sponsor's first-year estimate
  • Sponsor: B&J Bay Property Inc., represented by Boris Saks, Esq. Pllc; principals Mei Yong Xiao and Oi Fung Cheng
  • Neighborhood: Bath Beach, Brooklyn
  • Subway: 7-minute walk to Bay Pkwy (D); 12 minutes to 20 Av (D)
  • Amendments: 4, the latest in May 2026
  1. SubmittedJuly 2024
  2. AcceptedMarch 2024
  3. 4 amendments
  4. First sale
  5. Latest sale

Sales

27 of 40homes sold (68%)
Every sale: 27 homes, with price and dateSee it free →

From city records (ACRIS), through Aug 31, 2026.

First-Year Budget

From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)

Ask Claude or ChatGPT: How do 8800 Bay Parkway's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 30 homes.

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 6 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
B&J Bay Property Inc.
Principals
Mei Yong Xiao, Oi Fung Cheng
Construction lender
East West Bank$12.5 million recorded
General contractor
KW Development ContractingHeld the general construction permit on DOB job 322060853

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

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The Condo Book Project Are 8800 Bay Parkway's common charges high for the area? No, they're on the low side. 8800 Bay Parkway budgets $0.42 per square foot a month, against a $0.55 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?