THE CONDO BOOK PROJECT

8800 Bay Parkway Condominium

8800 Bay Parkway, Brooklyn, NY 11214

Overview

Units
40 residential · 4 commercial
Subway
7 min walk to Bay Pkwy D20 Av D, 12 min
Principals
Mei Yong Xiao, Oi Fung Cheng
Offering price
$33.3 million total

The sponsor of record is B&J Bay Property Inc., represented by Boris Saks, Esq. Pllc. The offering plan runs 279 pages. The sponsor has filed 4 amendments, the latest in May 2026. The nearest other condo plan on file is Parkview Condominium, next door.

Plan CD230173 · New · accepted Mar 7, 2024 · AG record ↗

Compare

FigureThis building1Bensonhurst220 units · 1.5 miaccepted 2023Kings Place351 units · 1.3 miaccepted 2022
Average Offering PricePer Apartment$831,558Above peers$743,270$662,216

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Unit mix, closings, budgets, finishes and the team, against Bensonhurst and Kings Place, cited to the offering plans. No credit card required.

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How We Got This
  • Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Closings Pro

Homes closed68% of the homes in the plan27 of 40
Closingsfirst and latest recordedFeb 7, 2025 – Aug 4, 2026

Sales recorded with the Department of Finance (ACRIS) through Aug 31, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 27 closings
HomeRecordedClosing priceSchedule ADifference
2CFeb 7, 2025$855,330——
2AFeb 11, 2025$456,300——
3FFeb 12, 2025$760,000——
3CFeb 14, 2025$702,593——
3AFeb 24, 2025$486,720——
5BFeb 25, 2025$753,505——
2HFeb 26, 2025$430,950——
4HMar 4, 2025$481,650——
3DMar 6, 2025$458,835——
3EMar 27, 2025$499,902——
4EMar 31, 2025$495,000——
6DApr 7, 2025$501,930——
3BApr 23, 2025$687,319——
5EApr 25, 2025$514,216——
4DApr 28, 2025$486,720——
3GMay 13, 2025$768,000——
6EJun 6, 2025$539,673——
3HJul 22, 2025$459,342——
5HOct 21, 2025$466,440——
5DOct 23, 2025$501,930——
2EOct 24, 2025$519,308——
4ANov 5, 2025$478,608——
4BDec 3, 2025$768,779——
6HDec 9, 2025$514,216——
5FJun 11, 2026$778,370——
4GJul 14, 2026$728,049——
5AAug 4, 2026$493,000——

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Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
B&J Bay Property Inc.
Principals
Mei Yong Xiao, Oi Fung Cheng

From our research: Do NYC Developers Rehire the Same Firms?

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