For Sale
$16,500,000

1720 Sheepshead Bay Rd Brooklyn, NY 11235

Prime Brooklyn Retail & Restaurant Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
133
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 salon. The fitness center occupies 14,000 square feet on the ground level, and an additional 20,000 square feet on the second floor and 6,500 square feet on the third floor, totaling 40,500 square feet and potentially available vacant. Ceiling heights range from 11 to 20 feet. The building benefits from a highly visible location directly off Exit 8 of the Belt Parkway westbound, providing excellent marketing potential. Its proximity to the B/Q Sheepshead Bay train station, a large municipal parking lot, and a bus stop further enhances its accessibility and appeal. Two convenient entrances, one on Sheepshead Bay Road and another on Shore Parkway North, serve the property. The asking price for this remarkable investment opportunity is $16,500,000. Proof of funds or a bank pre-qualification letter is required before scheduling a viewing.

Highlights

  • $16,500,000 asking price.
  • 37,363 square foot retail/restaurant property.
  • Four units across three stories on a 20,590 square foot lot.
  • 11-15 foot and 16-20 foot ceiling heights.

Property Details for 1720 Sheepshead Bay Rd

Property type
Specialty properties, Retail properties
Square Feet
37,363 SF
Stories
3
Units
4

Location Insight

City
Brooklyn
County
Kings (Brooklyn)
State
New York
Latitude
40.5855166
Longitude
-73.9517232

FAQs

What type of property is this?
Specialty property - Prime Brooklyn Retail & Restaurant Opportunity
Where is the specialty property located?
The property is located at 1720 Sheepshead Bay Rd Brooklyn, NY.
What is the asking price?
The asking price for this property is $16,500,000.
What are key features of this property?
This property features: $16,500,000 asking price.; 37,363 square foot retail/restaurant property.; Four units across three stories on a 20,590 square foot lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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1720 Sheepshead Bay Rd
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