Auto Body Repair
For Sale
Contact for pricing
137 Alaska Street, Staten Island, NY 10310
Established collision repair operation with detailing, welding, painting, glass service, and on-site vehicle storage capacity.
Property Size6,500 SF
Price / SF$369.08
Days on Market580
Property Features for 137 Alaska Street
General Information
Standard status
Active
Size
6,500 SF
Property subtype
Business for Sale, Office, Retail
Zoning
R3-2
Net Operating Income
$1,858,282
Additional Details
Business Included
Yes
Amenities
Private Office
Surveillance System
Building Details
Year Built
1940
Buildings
2
Listing Agency:
DiTommaso Real Estate
Listed By:
Diane LaFronza · License #30LA0828671
Source:
Crexi
Added: Jan 27, 2025
Changed: Aug 30
Last Checked: Aug 30 at 7:29AM
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 DiTommaso Real Estate
Investment Insights
Based on property information with market context.
This auto body and collision repair property at 137 Alaska Street in Staten Island includes a private office, monitored premises, and a dedicated work environment. The operation handles body repairs, dent and rust removal, fender and bumper work, painting, undercoating, welding, glass service, and vehicle detailing for all makes and models.
The property includes a Dilvibus spray booth, compression and welding equipment, compound machines, diagnostic equipment, heat lamps, and pulling clamps and tools. Its 6,500 property size supports vehicle maneuvering and storage, while R3-2 zoning is identified for the site. The business has been locally operated for over 47 years and maintains longstanding service contracts.
The property includes a Dilvibus spray booth, compression and welding equipment, compound machines, diagnostic equipment, heat lamps, and pulling clamps and tools. Its 6,500 property size supports vehicle maneuvering and storage, while R3-2 zoning is identified for the site. The business has been locally operated for over 47 years and maintains longstanding service contracts.
Key Highlights
- Auto body and collision repair operation at 137 Alaska Street, Staten Island, NY 10310
- 6,500 property size with capacity for multiple vehicles and storage
- Locally operated for over 47 years
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$139,885
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,797,700
$2.8M
Cap Rate 7%
$1,998,357
$2.0M
Cap Rate 9%
$1,554,278
$1.6M
Market Conditions
NOI Build-Up for 6,500 SF
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.
Gross rent
$218.4K $33.60/SF
− Vacancy
−$18.6K −$2.86/SF
EGI
$199.8K $30.74/SF
− OpEx
−$60.0K −$9.22/SF
NOI
$139.9K $21.52/SF
Area
Staten Island, NY
Vacancy
8.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,797,700
Cap Rate 7%
$1,998,357
Cap Rate 9%
$1,554,278
Alternative Uses
Best Use
Retail
$2.00M
$1.75M – $2.33M
NOI $139,885 @ 7.0% cap · market cap 5.83%
Second Best
Industrial
$1.47M
$1.28M – $1.71M
NOI $102,648 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$3.10M
$2.71M – $3.62M
NOI $217,101 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,695
Businesses Nearby
46k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 71%
Shops & Services 28%
Home Improvements & Furnishings 1%
McDonald's
Dining
32,668 visits/mo
0.4 miles
Family Dollar
Shops & Services
11,085 visits/mo
0.2 miles
Enterprise Rent-A-Car
Shops & Services
1,932 visits/mo
0.4 miles
Fastenal
Home Improvements & Furnishings
375 visits/mo
0.5 miles
Demographics for 10310, NY
26,667
Population
9,909
Households
2.7
Avg Household Size
37
Median Age
31%
College-Educated
88%
High-School Grad
1.8 sq mi
ZIP Area
14,815
Density / Sq Mi
$106,118
Median Household Income
$57,861
Median Earnings
$1,638
Median Rent
$623,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Established collision repair operation with detailing, welding, painting, glass service, and on-site vehicle storage capacity.
Where is this auto shop located?
The property is located at 137 Alaska Street Staten Island, NY.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: Auto body and collision repair operation at 137 Alaska Street, Staten Island, NY 10310; 6,500 property size with capacity for multiple vehicles and storage; Locally operated for over 47 years
