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Turn-Key Two-Story Restaurant Building
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1655 Sheepshead Bay Road, Brooklyn, NY 11235

Two-story elevator restaurant building with dining areas, commercial kitchens, and service elevator on each floor.

Property Size4,637 SF
Days on Market121

Property Features for 1655 Sheepshead Bay Road

General Information

Standard status Active
Size 4,637 SF
Property subtype Retail
Zoning C4-2

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Stories 2
Listing Agency: Ariel Property Advisors
Listed By: Sean R. Kelly, Esq. · License #NY 10301203478
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 5:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ariel Property Advisors

Investment Insights

Based on property information with market context.

1655 Sheepshead Bay Road is a two-story elevator commercial building totaling approximately 4,637 gross square feet and currently outfitted as a fully built, turn-key restaurant. The layout includes a dining area on each floor, two bathrooms, and kitchens on each level. The kitchens feature commercial-grade ovens, walk-in freezers, and a service elevator for operations between floors.

The property is located on the east side of Sheepshead Bay Road between Jerome Avenue and Voorhies Avenue in Brooklyn’s Sheepshead Bay neighborhood. The site benefits from a high volume of foot traffic along this major corridor. The surrounding retail area includes multiple national and neighborhood retailers, and public transportation options are nearby, including the B and Q subway line approximately a half block away, B4 and B49 bus service, and access to the Belt Parkway.

C4-2 (R6 equivalent) zoning provides the opportunity for future development through 7,997 square feet of air rights.

Key Highlights

  • 2‑story elevator commercial building totaling approx. 4,637 SF, currently outfitted as a turn‑key restaurant
  • Dining area on each floor with two bathrooms and kitchens on each floor
  • Commercial kitchen features include commercial grade ovens, walk‑in freezers, and a service elevator

Property Analytics

Current Use

Nargis Cafe Restaurant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Hotel & Motel Catering Service Bar & Pub Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,886
Businesses Nearby
264k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 30% Groceries 27% Apparel 21% Office Supplies 14%
Stop & Shop Groceries
70,327 visits/mo 0.2 miles
Marshalls Apparel
55,799 visits/mo 0.3 miles
Staples Office Supplies
37,374 visits/mo 0.3 miles
Petco Shops & Services
25,350 visits/mo 0.3 miles
Bank of America Shops & Services
24,582 visits/mo 0.2 miles

Demographics for 11235, NY

88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two-story elevator restaurant building with dining areas, commercial kitchens, and service elevator on each floor.
Where is this conventional restaurant located?
The property is located at 1655 Sheepshead Bay Road Brooklyn, NY.
What are key features of this property?
This property features: 2‑story elevator commercial building totaling approx. 4,637 SF, currently outfitted as a turn‑key restaurant; Dining area on each floor with two bathrooms and kitchens on each floor; Commercial kitchen features include commercial grade ovens, walk‑in freezers, and a service elevator
More about this property
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