Automotive Repair Shop with
739 3rd Avenue Brooklyn Ny, NY 11232
739 3rd Avenue Brooklyn, Ny, NY, 11232
$2,500,000
For Sale
$2,500,000
Auto repair shop for sale with multiple service bays and diagnostic equipment in a commercial corridor.
Property Size963 SF
Price / SF$2,596
Days on Market14
Property Features for 739 3rd Avenue Brooklyn
General Information
- Standard status
- Active
- Size
- 963 SF
Building Details
- Year Built
- 1936
Listing agency
RE/MAX Town & Country
(845) 765-6128
Listed by
Howard Payson · License #NY10491208345
(845) 765-6128
Source
Town-and-country-fishkill-ny.remax
Added: Jul 8 Updated: Jul 20 at 11:44PM Checked: Jul 20 at 11:44PM
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 RE/MAX Town & Country
Investment Insights
Based on property information with market context.
This for-sale auto repair shop is offered as a 2,754 SF facility located at 739 3rd Avenue. The property is described as fully equipped with multiple service bays and diagnostic equipment to support a range of repair services.
The shop is positioned along a busy commercial corridor just steps away from the Brooklyn–Queens Expressway (BQE), with surrounding commercial and industrial development noted in the remarks.
The opportunity is presented as a turnkey, well-established operation suitable for owner-operators or investors, with the business foundation described as built on quality service and reliability.
The shop is positioned along a busy commercial corridor just steps away from the Brooklyn–Queens Expressway (BQE), with surrounding commercial and industrial development noted in the remarks.
The opportunity is presented as a turnkey, well-established operation suitable for owner-operators or investors, with the business foundation described as built on quality service and reliability.
Key Highlights
- Commercial auto repair shop at 739 3rd Avenue on a busy commercial corridor, steps away from the Brooklyn–Queens Expressway (BQE)
- Multiple service bays for vehicle repair and servicing
- Includes diagnostic equipment used for repairs
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 | $227.0k | $235.68 |
| − Vacancy | −$33.4k | −$34.64 |
| EGI | $193.6k | $201.04 |
| − OpEx | −$58.1k | −$60.31 |
| NOI | $135.5k | $140.72 |
963 SF · lease $235.68/SF/yr · vacancy 14.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.94M
$1.69M – $2.26M
NOI $135,518 @ 7.0% cap · market cap 5.42%
Second Best
Industrial
$199.8K
$174.9K – $233.2K
NOI $13,989 @ 7.0% cap · market cap 0.56%
Theoretical Best
Specialty Retail
$2.40M
$2.10M – $2.80M
NOI $167,793 @ 7.0% cap · market cap 6.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Touch Tunes Interactive ...
Music Venue
Similar For Sale Nearby
Similar Off Market Nearby
- Jimmy's Auto Service Corp — 248 42nd St, Brooklyn, NY 11232
- HWL Auto Repair Corporation — 265 43rd St, Brooklyn, NY 11232
- Imax Electric Motors — 262 43rd St, Brooklyn, NY 11232
- Latino's Auto Services & Collision — 269 45th St, Brooklyn, NY 11220
- Hm & Sons Auto Repair Corp. — 265 43rd St, Brooklyn, NY 11232
FAQs
What type of property is this?
Auto shop - Auto repair shop for sale with multiple service bays and diagnostic equipment in a commercial corridor.
Where is this auto shop located?
The property is located at 739 3rd Avenue Brooklyn Ny, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Commercial auto repair shop at 739 3rd Avenue on a busy commercial corridor, steps away from the Brooklyn–Queens Expressway (BQE); Multiple service bays for vehicle repair and servicing; Includes diagnostic equipment used for repairs
