Address
1720-1728 Sheepshead Bay Road Brooklyn, NY
Price
$ 25,000,000
Property Attributes
  • MLS#438419
  • TypeCommercial
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodSheepshead Bay
  • Zip11235
  • StyleCommercial
  • Year Built1927
  • Taxes225712
  • Price$ 25,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage44000
  • Lot Size0.49 Acres
Listing Provided Courtesy Of:
Brooklyn's 4 U Realty LLC
Property Description

You don't want to miss this prime opportunity for a commercial property in an ideal location! Right off Exit 8 on the Belt Parkway, steps away from B/Q Sheepshead Bay train station, municipal parking lot adjacent to property, and bus stop directly in front of building. What's more? Property cannot be missed from the Belt Parkway, offering ideal marketing and promotional opportunities. Entrances to the property exist on both sides: the main entrance on Sheepshead Bay Road with access from the back on Shore Road. Originally built a movie theater, this property has a rich history to offer. Then used as the famous Roll-a-Palace roller rink, now to a series of different gyms and fitness centers. This property has been well-maintained throughout the years and is currently kept in prime condition, with the ground level having been completely re-done after Superstorm Sandy in 2012. Additionally, the ground level holds two restaurants and a hair salon on the east side of the building, totaling 8,000 square feet. West and SW sides of property on ground level hold 13,000 square feet used by fitness center. Upper-level fitness center (2nd floor 16,000 sqft, 3rd floor 6,500 sqft) delivered vacant with 3 stable tenants on ground level. Total fitness center = 36,000 sqft. Total property = 44,000 sqft. This is an investment that will reap returns for decades to come!

Price History
6/22/2020 Listed $30,000,000
8/22/2020 17% - $25,000,000

General Features

Borough Brooklyn
Building Type Detached
Ceiling Height 16-20 Foot
Current Use Restaurant, Sport & Entertainment
Equipment Included A/C included
MLS Area Sheepshead Bay
Number Of Stores 3
Property Sub Type Commercial
Property Type Commercial
Roof Pitched
Stories 3
Zoning R4, C2-2

Interior Features

Ac Units 5+
Basement Amenities Cellar, Crawl Space, Full
Commercial Features Exterior Sign – Roof, Sign - Building
Commercial Features Interior Elevator – Public, Restrooms - Public, Restrooms - Staff
Lavatories 4+
Unit Count 4
Walls Block, Masonry

Exterior Features

Building Length 202.00
Building Width 106.00
Foundation Poured Concrete
Loading Docks None
Lot Size Length 215
Lot Size Width 109
Lot Sq Ft 21200
Parking Attrib None
Potential Use Health Care

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 11235

Price
AVG $1.92M
$25M
Taxes
AVG $27,721
$225,712
Visits
AVG 7
11
Year Built
AVG 1979
1927
Walkscore
AVG 92
97
Data Provided by Walkscore ® not using MLS data

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