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Brooklyn Commercial Property with Business

1627 Sheepshead Bay Road, Brooklyn, NY 11235

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For Sale

$1,788,888

COMMERCIAL - Brooklyn, NY

Property size:

2,600 SF

Lot size:

0.07 Acres

Price / SF:

$688/SF

HighLights

Prime commercial property in the high‑traffic Sheepshead Bay neighborhood of Brooklyn.
Includes an operating dry‑cleaning business for immediate income.
Significant development potential due to substantial 19 ft x 146 ft lot size.
Potential for mixed‑use development (verify zoning).
Strategic asset with multiple pathways to increase value.
Building constructed of brick with a flat roof.

We can help!

Listing Contact

Stephanie X. Zhang

For Sale

$1,788,888

COMMERCIAL - Brooklyn, NY

Property size:

2,600 SF

Lot size:

0.07 Acres

Price / SF:

$688/SF

Added:: Jan 20, 2026
Days on Market:: 140
Last Refresh:: Jun 9 at 1:06 am

Property Features for 1627 Sheepshead Bay Road

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: C4-2
Standard status: Active
Size: 2,600 SF
Lot size: 0.07 Acres

Taxes and HOA fees

Tax Annual Amount: 23043

Building Details

Year built: 1927
Floors in Building: 1
Number of units: 1
Flooring type: Concrete
Building materials: Brick
Roof type: Flat

We can help!

Listing Contact

Stephanie X. Zhang

Listing agent Stephanie X. Zhang

Listing office DiTommaso Real Estate 113 New Dorp Plaza, Staten Island, NY

Listing date Jan 20, 2026

MLS# 498496

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Prime commercial property in the high‑traffic Sheepshead Bay neighborhood of Brooklyn.
Includes an operating dry‑cleaning business for immediate income.
Significant development potential due to substantial 19 ft x 146 ft lot size.
Potential for mixed‑use development (verify zoning).
Strategic asset with multiple pathways to increase value.
Building constructed of brick with a flat roof.

Overview

Located in the Sheepshead Bay neighborhood of Brooklyn, this commercial property offers potential for mixed-use development. The site includes a building and an operating dry-cleaning business, providing immediate income opportunities. The lot measures 19 feet wide by 146 feet deep, offering significant development potential. The zoning is C4-2. An architect can assist in maximizing the property's value, whether the plan is to continue operating the dry cleaner, lease to new tenants, or redevelop the site. The dry cleaner business is included in the sale. The property size is 2600 square feet, situated on a lot of approximately 0.0661 acres.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$202.2k	$77.76
− Vacancy	−$24.1k	−$9.25
EGI	$178.1k	$68.51
− OpEx	−$53.4k	−$20.55
NOI	$124.7k	$47.95

2,600 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.78M

$1.56M – $2.08M (±1% cap)

NOI $124,682 @ 7.0% cap · market cap 6.97%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$2.15M

$1.88M – $2.51M (±1% cap)

NOI $150,696 @ 7.0% cap · market cap 8.42%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Pride Cleaners (Bike/Boat/Book/etc) Store Betty-Brite Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Similar Places Nearby

Lolita Flowers — 3075 Brighton 1st St, Brooklyn, NY 11235
World Flowers By TATI — 3073 Brighton 2nd St, Brooklyn, NY 11235
Wedding Bouquets And Centerpieces Brooklyn — 3039 brighton 4th st, brooklyn, ny 11235
Metropole Flowers — 205 Brighton Beach Ave, Brooklyn, NY 11235
Melanie Flower Shop And More — 403 Brighton Beach Ave, Brooklyn, NY 11235

Location Insight

Map
Local Demand

City: Brooklyn
County: Kings
State: New York
Longitude: -73.951955
Latitude: 40.586543

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For sale
Storefront properties
NY
Brooklyn
11235
1627 Sheepshead Bay Road

What type of property is this?

Storefront property - Commercial property in Sheepshead Bay with operating dry-cleaning business.

Where is this storefront property located?

The property is located at 1627 Sheepshead Bay Road Brooklyn, NY.

What is the asking price?

The asking price for this property is $1,788,888.

What are key features of this property?

This property features: Prime commercial property in the high‑traffic Sheepshead Bay neighborhood of Brooklyn.; Includes an operating dry‑cleaning business for immediate income.; Significant development potential due to substantial 19 ft x 146 ft lot size.

1627 Sheepshead Bay Road, Brooklyn, NY 11235

COMMERCIAL - Brooklyn, NY

Property Features for 1627 Sheepshead Bay Road

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Established Supermarket Business For Sale

Brooklyn Mixed-Use Investment Opportunity

Prime Kings Highway Commercial Unit

Automotive Repair Facility

Prime Corner Commercial Brooklyn Building

Multi-Tenant Office Building with Elevator

Prime Corner Retail Building Brooklyn

Corner Restaurant and Bar Building

Turnkey Restaurant in Prime Location

Brooklyn Commercial Condo with Terrace

Medical Office Co-op in Elevator Building

Bay Ridge Corner Retail Opportunity

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