Retail Storefront with Operating Dry
1627 Sheepshead Bay Road Brooklyn, NY 11235
For Sale
$1,488,888
COMMERCIAL - Brooklyn, NY
Property Size2,600 SF
Lot Size0.07 Acres
Price / SF$572.65
Days on Market16
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
Listing Agency:
DiTommaso Real Estate
(718) 667-8000
Listed By:
Stephanie X. Zhang · License #SZ7890
(718) 667-8000
Added: Jul 9
Last Checked: Jul 24 at 4:06AM
MLS# 502912
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.
Investment Insights
Based on property information with market context.
The offering includes a retail storefront building with an operating dry-cleaning business included in the sale. The property sits on a 19-foot-wide by 146-foot-deep lot, providing a long site footprint, and totals approximately 2,600 square feet of property size as provided. Prospective buyers should review the building details, business operations, and all applicable permits and approvals as part of their due diligence.
The property is located at 1627 Sheepshead Bay Road in Brooklyn’s 11235 area. Zoning is identified as C4-2, which should be confirmed for permitted uses and development parameters during the underwriting process.
For a tenant, owner-operator, or buyer seeking a commercial storefront with an existing business, this setup offers an income-producing component while also keeping the site flexible for future plans consistent with zoning. The combination of a retail format, operational use, and substantial lot depth may be well-suited to buyers exploring either continuity of the dry-cleaning business or a new direction for the space, subject to applicable approvals.
The property is located at 1627 Sheepshead Bay Road in Brooklyn’s 11235 area. Zoning is identified as C4-2, which should be confirmed for permitted uses and development parameters during the underwriting process.
For a tenant, owner-operator, or buyer seeking a commercial storefront with an existing business, this setup offers an income-producing component while also keeping the site flexible for future plans consistent with zoning. The combination of a retail format, operational use, and substantial lot depth may be well-suited to buyers exploring either continuity of the dry-cleaning business or a new direction for the space, subject to applicable approvals.
Key Highlights
- Commercial property in Sheepshead Bay includes a building and an operating dry‑cleaning business included in the sale
- 19 ft wide x 146 ft deep lot with a substantial, deep site
- Brick construction with concrete flooring
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| 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
NOI $124,682 @ 7.0% cap · market cap 8.37%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.15M
$1.88M – $2.51M
NOI $150,696 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Pride Cleaners
(Bike/Boat/Book/etc) Store
Betty-Brite Cleaners
(Bike/Boat/Book/etc) Store
Similar Off Market Nearby
- World Flowers By TATI — 3073 Brighton 2nd St, Brooklyn, NY 11235
- Wedding Bouquets And Centerpieces Brooklyn — 3039 brighton 4th st, brooklyn, ny 11235
- Aleksis Flowers Ltd — 274 Brighton Beach Ave, Brooklyn, NY 11235
- Funky D Signs & Florist — 703 Brighton Beach Ave, Brooklyn, NY 11235
- Melanie Flower Shop And More — 403 Brighton Beach Ave, Brooklyn, NY 11235
FAQs
What type of property is this?
Storefront property - Storefront property includes an operating dry-cleaning business on a 19-by-146-foot lot.
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 $1,488,888.
What are key features of this property?
This property features: Commercial property in Sheepshead Bay includes a building and an operating dry‑cleaning business included in the sale; 19 ft wide x 146 ft deep lot with a substantial, deep site; Brick construction with concrete flooring
