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Property profile

1720 Sheepshead Bay Rd 28 Brooklyn, NY 11235

OFF-MARKET
Investment properties
Property ID
US63-0848971
37,363 SF 0.56 ac lot Built 1927
Last sale Dec 2021 · $8,470,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional three-story commercial property, located at 1720 Sheepshead Bay Road in Brooklyn, NY (zip code 11235), presents a unique investment opportunity. Boasting a total of 37,363 square feet on a 20,590 square foot lot, this property features four units currently occupied by a diverse mix of tenants including a restaurant, convenience store, hair salon, and a large fitness center. The ground floor encompasses 8,000 square feet, housing the restaurant, convenience store, and hair…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$261k
Tax billed · 2024
Assessed value$2.83M
Assessed land$500k
Assessed improvement$2.33M
Effective rate9.21%

Value estimate

· Nov 2026
$9.38M
$8.44M – $10.32M
AI approach$9.19M
Submarket $/SF estimate$5.69M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$421/SF
ZIP average, outlier-cleaned · 82 recorded sales of this use type
Observed band · Q1–Q3$322 – $556
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R4
This district is designed to provides for moderate density housing with a mix of residential building types, except for zero lot line bui...
General categoryRESIDENTIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency38.7
Parking Facility29.4
Hotel & Motel14.6

Location

1720 Sheepshead Bay Rd, Unit 28 Brooklyn, NY 11235-3605
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1067 Brighton Bch, Brooklyn, NY 11235-5647 $1,850,000 Dec 2025 6,384 SF
1637-1639 Sheepshead Bay, Brooklyn, NY 11235 $5,995,000 Jun 2025 13,149 SF
3052 Brighton 1st, Brooklyn, NY 11235-8088 $13,066,627 Aug 2024 72,715 SF
27 Brighton 11th, Brooklyn, NY 11235-5308 $1,250,000 Apr 2024 19,082 SF
1618 Sheepshead Bay, Brooklyn, NY 11235-3850 $3,100,000 Feb 2024 7,000 SF
273 Brighton Bch, Brooklyn, NY 11235-7410 $16,100,000 Nov 2023 19,686 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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