Auto Body Shop
2500 Boston Rd The Bronx, NY 10467
For Sale
$4,500,000
Pending
Thriving auto body shop with prime real estate for sale.
Property Size9,711 SF
Days on Market98
Property Features for 2500 Boston Rd The
General Information
Standard status
Pending
Size
9,711 SF
Property subtype
Commercial
Listing Agency:
Lucblue Realty LLC
(718) 500-1919
Listed By:
Lucy Badwan · License #LB4461
(718) 500-1919
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 6:54AM
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 Lucblue Realty LLC
Investment Insights
Based on property information with market context.
This is an opportunity to own a thriving auto body shop and prime real estate in the Bronx. The property is a corner building with high visibility on three main streets. The 6,079 square foot property, previously utilized as an auto body shop with 9,711 square feet, is zoned C8-1. The auto body shop has a 41-year history and features customer service, a loyal client base, and business operations. The business yields an annual net income exceeding $1 million. The property is suited for an entrepreneur within the same industry seeking ownership rather than leasing. The business features prime location with signage, 7 bays, 26 parking spaces, multiple private offices, and a waiting room. It also includes 20-foot ceilings, two oversized 14-foot doors, motion sensor lights, 3-phase power, central air conditioning, and LED lighting. The property has 4 Benwill One-arm Lifts and two Heavy Duty Frame Machines, 2 paint spray booths, a bathroom with safety measures, and a sprinkler system. It has the capacity to work on 17-20 cars. The property is located at the corner of Boston Road & Mace Avenue, with a daily traffic count of approximately 14,000 cars. The location has a bike score of 64, a walk score of 84, and a transit score of 100.
Key Highlights
- Profitable Turnkey Auto Body Shop: Established business with a 41‑year history and an annual net income exceeding $1 million.
- Prime Real Estate: Strategically positioned corner building with high visibility on three main streets in the Bronx.
- Ideal Zoning & Size: C8‑1 zoning with 6,079 sqft building and 9,711 sqft lot, previously utilized as an auto body shop.
Financial Insights For Industrial
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 | $606.0k | $62.40 |
| − Vacancy | −$51.8k | −$5.34 |
| EGI | $554.2k | $57.06 |
| − OpEx | −$166.2k | −$17.12 |
| NOI | $387.9k | $39.95 |
9,711 SF · lease $62.40/SF/yr · vacancy 8.55% · expense 30.00%
Alternative Uses
Best Use
Industrial
$5.54M
$4.85M – $6.47M
NOI $387,909 @ 7.0% cap · market cap 8.62%
Second Best
Retail
$3.00M
$2.62M – $3.49M
NOI $209,674 @ 7.0% cap · market cap 4.66%
Theoretical Best
Warehouse
$6.73M
$5.89M – $7.85M
NOI $471,033 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Pelham Parkway FLAT FIX — 600 Pelham Pkwy S, Bronx, NY 10462
- J R & J Auto Corporation — 2290 Boston Rd, Bronx, NY 10467
- Ultra Towing Service — 2290 Boston Rd, The Bronx, NY 10467, United States
- 24 Hour Tow Truck Bronx
- Williamsbridge Auto Care — 2007 Williamsbridge Rd, Bronx, NY 10461
Frequently Asked Questions
What type of property is this?
Auto shop - Thriving auto body shop with prime real estate for sale.
Where is this auto shop located?
The property is located at 2500 Boston Rd The Bronx, NY.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Profitable Turnkey Auto Body Shop: Established business with a 41‑year history and an annual net income exceeding $1 million.; Prime Real Estate: Strategically positioned corner building with high visibility on three main streets in the Bronx.; Ideal Zoning & Size: C8‑1 zoning with 6,079 sqft building and 9,711 sqft lot, previously utilized as an auto body shop.
