Mix cream cheese, brown sugar and coconut extract in small bowl until well blended. Spread 2 tablespoons cream cheese mixture on each of 4 slices of bread. Press the other 4 slices of bread on top to form 4 sandwiches.
Beat eggs with wire whisk in 13x9-inch baking dish. Stir in milk, cinnamon and vanilla extract until well blended. Dip sandwiches in egg mixture, soaking for 1 minute on each side.
Melt butter in large nonstick skillet or griddle on medium-low heat. Place sandwiches in skillet. Cook 4 to 5 minutes per side or until golden brown. Serve with maple syrup, if desired.