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Automotive Service Warehouse Property
For Sale
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1341 BLONDELL AVE, Bronx, NY 10461

Industrial warehouse built for collision and repair work, with multiple bays, office space, vehicle storage, and M1 zoning.

Property Size6,600 SF
Lot Size0.15 Acres
Price / SF$431.82
Days on Market63

Property Features for 1341 BLONDELL AVE

General Information

Standard status Active
Size 6,600 SF
Lot size 0.15 Acres
Property subtype Industrial
Zoning M1

Additional Details

Business Included Yes

Building Details

Year Built 1949
Listing Agency: Brix Real Estate Advisors
Listed By: Matthew Barbaccia
Source: Crexi
Added: Jun 4 Changed: Jul 10 Last Checked: Aug 5 at 8:51AM

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 Brix Real Estate Advisors

Investment Insights

Based on property information with market context.

This well-configured industrial warehouse property is currently operating as an auto body and collision repair business. The building includes multiple service bays, office space, and dedicated vehicle storage, supported by on-site parking for day-to-day operations. The property sits on a small lot with a total building area of approximately 6,600 square feet.

Located at 1341 Blondell Ave in the Bronx, the site is suited to automotive and related service activity due to its service-bay layout and on-site parking. The property is offered for sale with the existing tenant operating in place.

For buyers, this is a practical fit for an owner-user who wants an industrial warehouse with automotive infrastructure already built into the site layout, including service bays and support space for staff and administration. It is also positioned for an investor looking at a property with an established operating use and the benefit of a long-term lease being sought by the current tenant. The property is zoned M1 for light manufacturing, which supports a range of automotive, service, and light manufacturing uses. With its combination of industrial configuration and automotive-focused improvements, the asset offers a straightforward platform for businesses in the maintenance, repair, or light industrial categories.

Key Highlights

  • 6,600 SF industrial warehouse on a ~6,750 SF lot, built in 1949
  • Currently operating auto body and collision repair business; multiple service bays and vehicle storage
  • Includes office space plus on‑site parking

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 $221.8k $33.60
− Vacancy −$23.3k −$3.53
EGI $198.5k $30.07
− OpEx −$59.5k −$9.02
NOI $138.9k $21.05
6,600 SF · lease $33.60/SF/yr · vacancy 10.50% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$4.57M
$4.00M – $5.34M (±1% cap)
NOI $320,134 @ 7.0% cap · market cap 11.23%
Second Best
Industrial
$3.77M
$3.30M – $4.39M (±1% cap)
NOI $263,639 @ 7.0% cap · market cap 9.25%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

A & A Auto Body Inc. Auto Repair Shop

Suggested Use

Top Pick Travel Agency (Bike/Boat/Book/etc) Store Clothing & Fashion Store Bed & Breakfast Restaurant Coworking & Hybrid Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

4,835
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10461, NY

54,901
Population
20,418
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
22,875
Density / Sq Mi
$65,023
Median Household Income
$45,445
Median Earnings
$1,741
Median Rent
$640,400
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Clancy-Cullen Moving & Storage Co., Inc. 1155 Commerce Ave, Bronx, NY 10462
  • GoodFriend Self Storage Zerega Avenue 1320 Zerega Ave, Bronx, NY 10462
  • Downtown Self Storage Units 2375 E Tremont Ave, The Bronx, NY 10462
  • Prime Storage 1260 Zerega Ave, Bronx, NY 10462
  • J Sutton and Co. Moving Services LLC 1510 Castle Hill Ave #304, Bronx, NY 10462

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse built for collision and repair work, with multiple bays, office space, vehicle storage, and M1 zoning.
Where is this warehouse located?
The property is located at 1341 BLONDELL AVE Bronx, NY.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 6,600 SF industrial warehouse on a ~6,750 SF lot, built in 1949; Currently operating auto body and collision repair business; multiple service bays and vehicle storage; Includes office space plus on‑site parking
More about this property
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