1629 Sheepshead Bay RdBrooklyn, NY 11235

Property Details for 1629 Sheepshead Bay Rd

Year built

1927

Lot size

0.06 AC

Property size (Sq ft)

6,482 SF

Zone code

C4-2

Property type

Office buildings

APN

07462-0064

APU

74620064

Description

This exceptional 2,200 square foot office space, located at 1629 Sheepshead Bay Road, 2nd Floor in Brooklyn, NY 11235, presents a fantastic opportunity for a single tenant. Situated in a high-traffic area of Kings County, this fully built-out modern office boasts high ceilings and is conveniently located steps from a subway station for easy commuting. The building features an elevator for convenient access to the second floor. The space is zoned C4-2 and is suitable for traditional office use or medical office practices, as indicated by its dual subtype classification. The property is a single-tenant occupancy, offering privacy and control. The address is 1629 Sheepshead Bay Road, with a cross street of Voorhies Ave. This well-appointed space offers immediate occupancy and is ready for your business to thrive. The building's modern design and convenient location make it an ideal choice for businesses seeking a professional and accessible workspace. The use group is 7. This is a rare opportunity to secure a prime office space in a vibrant Brooklyn neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $1,071,668

  6.5%

  $989,232

  7%

  $918,573

• Comparable approach

  Method

  Valuation

  Relative Method

  $846,938

  Geo Method

  $846,938

• Alternative Use

  Use

  Valuation

  Residential

  $1,226,648

  Hospitality

  $1,123,603

  Educational

  $934,824

  Medical

  $966,974

  Retail

  $1,454,171

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.587

Longitude

-73.9523

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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