1720-1728 Sheepshead Bay, Brooklyn

$18,000,000

0 Beds
0 Baths
44,000 Sqft
0 Acres
0 Garages

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!

Essential Information
MLS® #438419
Price$18,000,000
Bathrooms0.00
Square Footage44,000
Year Built1927
TypeCommercial
Sub-TypeCommercial
StatusActive
Community Information
Address1720-1728 Sheepshead Bay
AreaSheepshead Bay
CityBrooklyn
CountyKings (Brooklyn)
StateNew York
Zip Code11235
Interior
Has BasementYes
BasementCellar, Crawl Space, Full
# of Stories3
Interior Features

Elevator – Public, Restrooms - Public, Restrooms - Staff

Exterior
Exterior FeaturesSign - Building, Sign – Roof
RoofPitched
ConstructionBlock, Brick
FoundationPoured Concrete
Additional Information
Date ListedJune 22nd, 2020
Days on Market171
ZoningR4, C2-2
Property History
Price Reduced from $20,000,000 to $18,000,000
Price Reduced from $25,000,000 to $20,000,000
Price Reduced from $30,000,000 to $25,000,000
LISTING MAP

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Listing courtesy of Brooklyn's 4 U Realty LLC

© 2021 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Casandra Properties Inc. Data last updated: February 27th, 2021 at 5:15am EST

Listing courtesy of Brooklyn's 4 U Realty LLC

© 2021 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Casandra Properties Inc. Data last updated: February 27th, 2021 at 5:15am EST

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