Turn-Key Auto Body
1125 Altamont Avenue Schenectady, NY
1125 Altamont Avenue, Schenectady, NY, 00000
$639,900
For Sale
$639,900
Established auto body business with equipment and recent addition.
Property Size2,400 SF
Price / SF$266.63
Days on Market300
Property Features for 1125 Altamont Avenue
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Business
Listing agency
Pyramidbrokerage
(518) 489-9199
Listed by
Pyramid Brokerage Albany
(518) 489-9199
Source
Pyramidbrokerage
Added: Sep 25, 2025 Updated: Jul 6 at 8:26AM Checked: Jul 21 at 3:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pyramidbrokerage
Investment Insights
Based on property information with market context.
This is a turn-key auto body business opportunity. The property features 5 bay work areas and a dedicated paint booth. A large addition was constructed in 2018, including a new lift. There is an office area for customers and a separate business office in the rear of the building. The second level measures 16 feet by 30 feet and is finished and insulated, currently used as storage with potential for other uses. The property also includes a third-floor attic storage area with a thermal exhaust fan. The sale includes all related auto body tools, materials, frame straightening equipment, two compressors, multiple welders, paint tools, and other equipment.
Key Highlights
- Turn‑key auto body business with existing high traffic flow.
- Includes all auto body tools, materials, and equipment.
- 5 bay work areas and dedicated paint booth.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.2k | $18.00 |
| − Vacancy | −$1.8k | −$0.76 |
| EGI | $41.4k | $17.24 |
| − OpEx | −$12.4k | −$5.17 |
| NOI | $29.0k | $12.07 |
2,400 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$413.9K
$362.1K – $482.8K
NOI $28,970 @ 7.0% cap · market cap 4.53%
Second Best
Industrial
$212.0K
$185.5K – $247.4K
NOI $14,843 @ 7.0% cap · market cap 2.32%
Theoretical Best
Office A
$718.4K
$628.6K – $838.1K
NOI $50,285 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Glenn's Auto Body
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Envy Autoworks — 2243 1st Ave, Schenectady, NY 12303
- 2 Brother's Paint and Body — 1809 Altamont Ave, Schenectady, NY 12303
- Mobile Auto Glass Services — 1879 Altamont Ave, Schenectady, NY 12303
- 518 Collision — 1550 Altamont Ave, Schenectady, NY 12303
- DePoalo Companies Inc — 1736 Amsterdam Ave, Schenectady, NY 12303
FAQs
What type of property is this?
Auto shop - Established auto body business with equipment and recent addition.
Where is this auto shop located?
The property is located at 1125 Altamont Avenue Schenectady, NY.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Turn‑key auto body business with existing high traffic flow.; Includes all auto body tools, materials, and equipment.; **5 bay work areas and dedicated paint booth.**
