Collision Shop with Garage
For Sale
$2,100,000
1794 E 49 Street, Brooklyn, NY 11234
COMMERCIAL - Brooklyn, NY
Property Size4,000 SF
Lot Size0.09 Acres
Price / SF$525
Days on Market155
Property Features for 1794 E 49 Street
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Flatlands
High school district
Kings
Standard status
Active
Size
4,000 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
20000
Utilities
Heating system
Natural Gas
Building Details
Floors in Building
1
Listing Agency:
BERGEN BASIN REALTY LLC
(718) 763-4110
Listed By:
Doreen Alfano
(718) 763-4110
Added: Mar 18
Changed: Aug 4
Last Checked: Aug 19 at 10:06PM
MLS# 11675655
Copyright © 2026 My State MLS. 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 sale includes a well-established collision business together with the automotive garage building and equipment. The property features a 4,000-square-foot garage with a frame machine, vehicle lift, and a new spray booth, plus a roll-up gate for vehicle entry. An owner’s office is included on site. Improvements noted include a new rubber roof, new electric and heat, and new drainage, with ceiling height of approximately 16 feet in the front area and about 18 feet in the rear section. The package also includes two tow trucks.
Located at 1794 E 49 Street in Brooklyn, NY 11234, in the Old Mill Basin section, the property offers a purpose-built setup for collision repair operations. The business is described as having bus company contracts and being involved in the DARP program, with details available upon request.
This offering is a strong fit for an operator seeking an auto collision shop that can support repair workflow with the included frame equipment, lift capacity, and spray booth, along with existing office space for day-to-day management. The combination of building updates and on-site towing assets may be well suited to an experienced buyer looking to continue or expand collision services using the current operational base.
Located at 1794 E 49 Street in Brooklyn, NY 11234, in the Old Mill Basin section, the property offers a purpose-built setup for collision repair operations. The business is described as having bus company contracts and being involved in the DARP program, with details available upon request.
This offering is a strong fit for an operator seeking an auto collision shop that can support repair workflow with the included frame equipment, lift capacity, and spray booth, along with existing office space for day-to-day management. The combination of building updates and on-site towing assets may be well suited to an experienced buyer looking to continue or expand collision services using the current operational base.
Key Highlights
- Collision business and building for sale in Brooklyn’s Old Mill Basin section
- 4,000 SF garage with frame machine, vehicle lift, huge new spray booth, and roll‑up gate
- Ceiling height of 16 ft in the front area and 18 ft in the rear section
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
$191,818
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
9.13%
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%
$3,836,360
$3.8M
Cap Rate 7%
$2,740,257
$2.7M
Cap Rate 9%
$2,131,311
$2.1M
Market Conditions
NOI Build-Up for 4,000 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
$311.0K $77.76/SF
− Vacancy
−$37.0K −$9.25/SF
EGI
$274.0K $68.51/SF
− OpEx
−$82.2K −$20.55/SF
NOI
$191.8K $47.95/SF
Area
Brooklyn, NY
Vacancy
11.90%
Lease Rate
$77.76 /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%
$3,836,360
Cap Rate 7%
$2,740,257
Cap Rate 9%
$2,131,311
Alternative Uses
Best Use
Retail
$2.74M
$2.40M – $3.20M
NOI $191,818 @ 7.0% cap · market cap 9.13%
Second Best
Industrial
$1.02M
$889.5K – $1.19M
NOI $71,161 @ 7.0% cap · market cap 3.39%
Theoretical Best
Specialty Retail
$3.31M
$2.90M – $3.86M
NOI $231,840 @ 7.0% cap · market cap 11.04%
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
2,922
Businesses Nearby
166k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 30%
Groceries 10%
Hotels & Casinos 2%
McDonald's
Dining
44,677 visits/mo
0.2 miles
Speedway
Shops & Services
24,099 visits/mo
0.5 miles
Dollar Tree
Shops & Services
20,258 visits/mo
0.4 miles
Key Food
Groceries
17,150 visits/mo
0.2 miles
7-Eleven
Shops & Services
10,136 visits/mo
0.1 miles
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
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 - For sale collision business and building with 16-18’ clear heights, spray booth, vehicle lift, and roll-up access.
Where is this auto shop located?
The property is located at 1794 E 49 Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Collision business and building for sale in Brooklyn’s Old Mill Basin section; 4,000 SF garage with frame machine, vehicle lift, huge new spray booth, and roll‑up gate; Ceiling height of 16 ft in the front area and 18 ft in the rear section
