1-Story Garage and
For Sale
$2,300,000
1424-30 Utica Avenue, Brooklyn, NY 11203
COMMERCIAL - Brooklyn, NY
Property Size6,000 SF
Lot Size0.14 Acres
Price / SF$383.33
Days on Market60
Property Features for 1424-30 Utica Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M1-1
Parking features
Garage - Attached
Subdivision
East Flatbush
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
Changed: Jun 12
Last Checked: Aug 2 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
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
4,682
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11203, NY
81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
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
