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    504 Utica Ave Brooklyn, NY 11203

    For Sale
    $3,000,000

    Business - Brooklyn, NY

    Type:Business
    Property size:
    10,000 SF
    Days on Market:
    67
    Last Refresh:
    Dec 14 at 3:06 pm

    Property Features for 504 Utica Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Size
    10,000 SF

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Building materials
    Block
    Architectural style
    Other

    CHASE GLOBAL REALTY CORP (347) 226-0870 [email protected]

    Listing agent Yi Jiang (718) 500-2231 License #10301223479

    Listing date Oct 9, 2025

    MLS# 922431 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Car Wash & Oil

    This property presents an opportunity to acquire an established car wash and oil change business situated on Utica Avenue, a high-traffic commercial corridor in Brooklyn. Located in a densely populated residential neighborhood, the business benefits from substantial daily vehicle flow and a consistent base of repeat customers. The business has been in operation for over 3 years, demonstrating stable financial performance supported by multiple revenue streams. These include income from the car wash, oil change services, lottery sales, and sublease agreements. The property size is 10000 square feet.
    Location Intelligence

    Current Use by Public Records

    Island Burger Fast Food Restaurant Dub Citi Car ... Car Stereo Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.931748
    Latitude
    40.660942

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    FAQs

    What type of property is this?
    Car wash - Car wash and oil change business on high-traffic Utica Avenue.
    Where is this car wash located?
    The property is located at 504 Utica Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - High-traffic location on Utica Avenue in Brooklyn.; - Established business with stable financial performance.; - Multiple revenue streams including car wash, oil change, lottery, and sublease income.
    (718) 500-2231
    Request Owner's contact information
    504 Utica Ave Brooklyn, NY 11203
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    Brooklyn, NY 11203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    504 Utica Ave Brooklyn, NY 11203
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