1627 Sheepshead Bay Road, Brooklyn, NY 11235
COMMERCIAL - Brooklyn, NY
- Added:
- Jul 9, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 9 at 6:06 pm
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 agent Stephanie X. Zhang (718) 667-8000
Listing office DiTommaso Real Estate 113 New Dorp Plaza, Staten Island, NY (718) 667-8000
Listing date Jul 9, 2026
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
- 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
- Year built 1927; flat roof
- Potential for mixed‑use—verify zoning options such as R6B and C4‑2 during due diligence
Overview
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.
Local 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 |
Alternative Uses
Current Use by Public Records
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Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.951955
- Latitude
- 40.586543