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Property profile & analytics
FOR SALE
Retail space

1627 Sheepshead Bay Rd Brooklyn, NY 11235

2,600 SF 0.06 ac lot Built 1927
Entity Owned Free & Clear
Property ID
US63-0786937
Property summary
AI-generated overview

This exceptional 2,750-square-foot commercial property, situated on a 0.07-acre lot at 1627 Sheepshead Bay Road in Brooklyn, NY, presents a lucrative investment opportunity. Its prime location offers unparalleled access to public transportation, being conveniently close to the B and Q train lines at the Sheepshead Bay station, ensuring high foot traffic and visibility. The building's current market rent exceeds $10,000, demonstrating significant income potential. The property is ideally suited for both investors seeking a strong return and owner-occupiers looking for a thriving business environment. Adding to its appeal, an existing dry cleaning business is included in the sale, offering an immediate revenue stream or the option to continue operations. This bustling location guarantees a steady flow of customers, making this property an exceptional value in the vibrant Sheepshead Bay neighborhood. The property's size and location make it suitable for a wide range of commercial ventures. Don't miss this chance to acquire a high-performing asset in a highly desirable area. Serious inquiries only.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1927
Total area 2,600 SF
Lot 0.06 ac (2,733 SF)
Zoning code C4-2
APN 07462-0065
UPID US63-0786937
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pride Cleaners (Bike/Boat/Book/etc) Store
  • Betty-Brite Cleaners (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.09M
Owner & transaction history
888 L & L, INC
888 L & L, INC
Zoning & alternative use
C4-2 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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