Address

1720-1728 Sheepshead Bay Road Brooklyn, NY

Type

Commercial

Price

$ 18,000,000

Property Attributes

MLS#438419
TypeCommercial
CountyKINGS
CityBrooklyn
AreaBrooklyn
NeighborhoodSheepshead Bay
Zip11235
StyleCommercial
Year Built1927
Taxes225712
Price$ 18,000,000
Bedrooms0
Full Bathrooms0
Half Bathrooms0
Sqr Footage44000
Lot Size0.49 Acres

Listing Provided Courtesy Of:

Anthony Sciortino with Brooklyn's 4 U Realty LLC

Data Source:

Brooklyn MLS

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
11/24/2020	20% - $20,000,000
11/27/2020	10% - $18,000,000

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 Type	Commercial
Roof	Pitched
Stories	3
Sub Type	Commercial
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