Ceasar's Bay Shopping Center
Parking lot, 8949 Bay Pkwy, Brooklyn, NY 11214
Parking lot, 8949 Bay Pkwy, Brooklyn, NY 11214
Ceasar's Bay Shopping Center stands as one of Brooklyn's most distinguished retail destinations, strategically positioned along the waterfront in the vibrant Gravesend and Sheepshead Bay neighborhoods. This expansive 300,000-square-foot shopping complex has earned recognition as one of the most productive shopping centers throughout Metro New York and New York City, offering an unparalleled combination of accessibility, convenience, and retail variety that continues to attract both locals and visitors from across the region.
Strategic Location and Exceptional Accessibility
What truly sets Ceasar's Bay Shopping Center apart is its remarkable location at 8949 Bay Pkwy, Brooklyn, NY 11214. The center enjoys unmatched visibility and access from Brooklyn's Belt Parkway, which sees an impressive 146,000 vehicles per day, ensuring maximum exposure for retailers and convenience for shoppers. The shopping center's proximity to the iconic Verrazano Bridge further enhances its accessibility, making it easily reachable from various parts of Brooklyn and Staten Island.
The waterfront location along Gravesend Bay provides visitors with scenic views while shopping, creating a unique retail experience that combines urban convenience with natural beauty. This strategic positioning has made the center a landmark destination that serves the densely populated surrounding neighborhoods, including Bensonhurst, Gravesend, and Sheepshead Bay.
Impressive Scale and Modern Amenities
Built in 1957, Ceasar's Bay Shopping Center spans an impressive 14 acres and offers approximately 300,000 square feet of retail space. One of the center's most significant advantages is its provision of extensive surface parking, featuring over 1,140 parking stalls – a rarity among shopping centers in New York City. This abundance of free, open-air parking eliminates one of the biggest challenges faced by shoppers in the metropolitan area.
The center's design prioritizes customer convenience, with multiple entrances providing easy access from different directions. The layout ensures efficient traffic flow and maximizes both visibility and accessibility for all tenant spaces. This thoughtful design has contributed to the center's reputation as one of the most shopper-friendly destinations in the region.
Diverse Tenant Portfolio and National Brands
Ceasar's Bay Shopping Center hosts an impressive array of national retailers and popular brands that cater to diverse shopping needs. Major anchor tenants include Target, Kohl's, and Best Buy, providing shoppers with access to electronics, home goods, clothing, and everyday essentials. The center also features beloved dining options such as Starbucks, Five Guys, and Olive Garden, ensuring visitors can enjoy quality meals and refreshments during their shopping experience.
Additional retailers include Five Below, Bob's Discount Furniture, Skechers, and Kay Jewelers, offering everything from trendy accessories to home furnishings and footwear. This carefully curated mix of tenants ensures that the shopping center can serve as a one-stop destination for families and individuals with varying needs and preferences.
Competitive Advantages and Market Position
The shopping center's success stems from several key competitive advantages that distinguish it from other retail destinations in the area. First, its status as "the only center of its size in Brooklyn, NY" with extensive surface parking gives it a unique market position. This combination of scale and convenience is particularly valuable in a borough where parking is often limited and expensive.
Second, the center benefits from serving a substantial population base, with over 79,000 people living within a one-mile radius and more than 1.3 million within five miles. The surrounding demographics show strong household incomes, with average household income reaching $83,584 within one mile, indicating a robust customer base with significant purchasing power.
The center's management by Surrey Equities, in partnership with ownership by Sal Tru Associates, ensures professional operation and maintenance standards that keep the property attractive and functional for both tenants and shoppers. Recent investment by Gazit-Globe, which acquired a 50 percent interest in the property for $43 million in 2018, demonstrates continued confidence in the center's long-term viability and growth potential.
Conclusion
Ceasar's Bay Shopping Center represents the pinnacle of community retail destinations in Brooklyn, combining strategic location, exceptional accessibility, and diverse tenant offerings under one roof. Its waterfront setting, abundant parking, and comprehensive mix of national retailers make it an indispensable part of the local retail landscape. Whether you're seeking everyday essentials, fashion items, electronics, or dining options, this remarkable shopping center continues to serve as Brooklyn's premier destination for convenient, comprehensive retail experiences. With its proven track record of success and ongoing investments in the property, Ceasar's Bay Shopping Center remains positioned to serve the Brooklyn community for many years to come.
