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1414 Sheepshead Bay Rd, Brooklyn, NY 11235
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Property summary
AI-generated overview
This exceptional commercial office building, located at 1414 Sheepshead Bay Road in Brooklyn, NY 11235, offers 31,000 square feet of space across 30 stories. The property, zoned C4-2 and identified by APN 07459-0062, features eleven individual suites, with a maximum contiguous space of 14,294 square feet. Currently, one suite of 1,771 square feet is available for lease. The building enjoys a prime location with high foot traffic, providing a great branding opportunity for businesses. Its convenient proximity to the Belt Parkway ensures easy access for commuters. The building's address is 1414 Sheepshead Bay Road, with a cross street of E 14th St. This multi-tenant building presents a unique opportunity for businesses seeking a prominent presence in a bustling Brooklyn neighborhood. The property type is classified as Commercial, Traditional Office. Interested parties should inquire about lease terms and availability for the remaining ten suites.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1927
Total area
18,000 SF
Lot
0.42 ac (18,350 SF)
Zoning code
C4-2
APN
07459-0062
UPID
US63-6033124
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Family Recreation Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.63M
Owner & transaction history
since 2016
5 recorded transactions
Zoning & alternative use
C4-2 · Brooklyn, NY
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$7.63M
Value range
$6.87M – $8.39M
±10% around blend
Estimated value / SF
$424 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
60
Income certainty
100
$6.87M
blend $7.63M
$8.39M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
18,000 SF
Lot area
0.42 ac
Year built
1927
Stories
1
APN
07459-0062
Zoning
C4-2
Assessed value
$1,826,100
Annual tax
$183,907
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$183,907
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$6.11M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
12.6 mi away · 18,236 SF
13.0 mi away · 15,854 SF
13.1 mi away · 13,000 SF
16.7 mi away · 22,249 SF
19.5 mi away · 15,602 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$7.63M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 21 sales
$755
-44%
Submarket 291 sales
$770
-45%
County 291 sales
$770
-45%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $424/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$535k
Move the market yield to see immediate price impact.
Value / SF
$30
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$34k
$674k
$481k
$374k
$37k
$748k
$535k
$416k
$41k
$823k
$588k
$457k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$11.00M
8.1 mi · Feb 2026 · $611/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$183,907
Tax year 2024
Assessed value
$1,826,100
Assessed 2024
Previous assessed
$1,777,950
+2.7% YoY
Effective rate
10.07%
On assessed value
Assessed land
$450,000
Assessed improvement
$1,376,100
Land market value
$1,000,000
Improvement market value
$3,058,000
Total market value
$4,058,000
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1927
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
18,000 SF
Lot
0.42 ac (18,350 SF)
Zoning code
C4-2
APN
07459-0062
UPID
US63-6033124
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C4-2 · Brooklyn, NYZoning C4-2 · permitted uses
C4-2 · Brooklyn, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1927
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.42 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C4-2
Jurisdiction
Brooklyn, NY
Recorded code
C4-2
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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