• Currency
    • Login
    • Register
  • About
    • Our Company
    • Management Team
    • Our Team
    • What People are Saying
  • Search Properties
    • Sales
    • Rentals
    • Recently Sold
    • Recently Rented
  • Open Houses
  • Resources
    • Buyer's Guide
    • Seller's Guide
    • Renter's Guide
    • Glossary
  • Contact
    • Contact Madison Estates
    • Join Our Team
  • Fair Housing
  • 1720-1728 Sheepshead Bay Road
  • $ 18,000,000
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235

1720-1728 Sheepshead Bay Road

Sheepshead Bay   |   Voorhies & Shore Parkway North

1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235

Key Details

Price Drop
Building for sale
$ 18,000,000 [ 10% | $ 2,000,000 ]
Ownership Commercial
Lot Size 109'x215'
Status Active
Real Estate Taxes [Per Annum] $ 225,712
Building Size 106'x202'
Year Built 1927
ASF/ASM 44,000/4,088
 

Care to take a look at this property?

Joseph Baglio

License

Broker/Partner

W: 718-797-2222
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235

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!
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!

Listing Courtesy of Brooklyn's 4 U Realty LLC

Joseph Baglio

License

Broker/Partner

W: 718-797-2222

Apartment Features

Exposed Bricks

Mortgage Calculator in [US Dollars]

$
%
$
%

Loan Amount

1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235
1720-1728 Sheepshead Bay Road Sheepshead Bay Brooklyn NY 11235

Building Details [1720-1728 Sheepshead Bay Road]

Ownership Commercial
Building Size 106'x202'
Zoning R4, C2-2
Year Built 1927
Floors 3
Lot Size 109'x215'
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
Our Company | Our Team | What People are Saying | Open Houses | For Sale | For Rent | Developments | Commercial Properties | Contact Us | Join Our Team | Fair Housing
© 2020 Madison Estates | All Rights Reserved
53 Douglass Street, Brooklyn, NY, 11231
2922 Avenue R, Brooklyn, NY, 11229
info@madisonestates.com