1-Story Garage and
1424-30 Utica Avenue Brooklyn, NY 11203
1424-30 Utica Avenue, Brooklyn, NY, 11203
$2,300,000
For Sale
$2,300,000
COMMERCIAL - Brooklyn, NY
Property Size6,000 SF
Lot Size0.14 Acres
Price / SF$383.33
Days on Market48
Property Features for 1424-30 Utica Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- M1-1
- Parking features
- Garage - Attached
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 28825
Building Details
- Number of units
- 1
- Building materials
- Brick
- Roof type
- Flat
Listing agency
Reliable Sell & Buy Realty Inc
(718) 265-0066
Listed by
Mark Geller
(718) 265-0066
Added: Jun 4 Updated: Jun 12 at 5:37PM Checked: Jul 21 at 11:06PM
MLS# 502002
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This one-story garage/warehouse offers a functional layout for automotive-related operations, with a certificate of final/occupancy (COFO) for car repair. The property includes two drive-in doors, office space, three bathrooms, and skylights, providing practical support areas and natural light within the main work areas.
Located at 1424-30 Utica Avenue in Brooklyn, the property is described as being in a high-traffic area and is positioned along the Utica Avenue/King Hwy corridor. The listing notes M1-1 zoning on the site.
For tenants or buyers seeking an M1-1 facility with an existing framework for vehicle repair, the configuration supports a service workflow with vehicle-accessible bays and on-site office and restrooms. Owner financing is offered to qualified buyers, and a 3D tour is available as referenced in the listing materials.
Located at 1424-30 Utica Avenue in Brooklyn, the property is described as being in a high-traffic area and is positioned along the Utica Avenue/King Hwy corridor. The listing notes M1-1 zoning on the site.
For tenants or buyers seeking an M1-1 facility with an existing framework for vehicle repair, the configuration supports a service workflow with vehicle-accessible bays and on-site office and restrooms. Owner financing is offered to qualified buyers, and a 3D tour is available as referenced in the listing materials.
Key Highlights
- 6,000 SF one‑story warehouse for sale with brick construction
- M‑1 zoning (M1‑1 listed) with COFO for car repair
- Two drive‑in doors for warehouse access
Local Financial Insights For Office B
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 | $259.2k | $43.20 |
| − Vacancy | −$59.6k | −$9.94 |
| EGI | $199.6k | $33.26 |
| − OpEx | −$49.9k | −$8.32 |
| NOI | $149.7k | $24.95 |
6,000 SF · lease $43.20/SF/yr · vacancy 23.00% · expense 25.00%
Alternative Uses
Best Use
Retail
$4.11M
$3.60M – $4.80M
NOI $287,728 @ 7.0% cap · market cap 12.51%
Second Best
Office B
$2.14M
$1.87M – $2.49M
NOI $149,688 @ 7.0% cap · market cap 6.51%
Theoretical Best
Specialty Retail
$4.97M
$4.35M – $5.80M
NOI $347,760 @ 7.0% cap · market cap 15.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Susan Self Storage Units — 268 E 98th St, Brooklyn, NY 11212
- Maxet Mini Storage & Boxes — 192 Grafton St, Brooklyn, NY 11212, United States
- Self Storage — 1671 President St, Brooklyn, NY 11213
- CubeSmart Self Storage — 25 Remsen Ave, Brooklyn, NY 11212
- CubeSmart Self Storage — 1151 E New York Ave, Brooklyn, NY 11212
FAQs
What type of property is this?
Warehouse - M1-1 zoned, one-story garage/warehouse with two drive-in doors, offices, multiple bathrooms, and skylights.
Where is this warehouse located?
The property is located at 1424-30 Utica Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 6,000 SF one‑story warehouse for sale with brick construction; M‑1 zoning (M1‑1 listed) with COFO for car repair; Two drive‑in doors for warehouse access
