Modernized Auto Shop
For Sale
Contact for pricing
28 MARGINAL ST W, Brooklyn, NY 11207
Operational automotive facility with an in-place tenant and M1-1/R4 zoning.
Property Size4,800 SF
Price / SF$333.13
Days on Market74
Property Features for 28 MARGINAL ST W
General Information
Standard status
Active
Size
4,800 SF
Property subtype
Office, Industrial
Zoning
M1-1/R4
Occupancy
100%
Lease Type
Modified Gross
Additional Details
Highway Access
Yes
Building Details
Year Built
1931
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Commercial Acquisitions
Listed By:
Arsen Atbashyan · License #NY 0000
(718) 517-8700
Source:
Crexi
Added: Aug 5
Changed: Oct 6
Last Checked: Oct 16 at 6:32AM
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 Commercial Acquisitions
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,800-square-foot warehouse was built in 1931 and has undergone recent modernization. The property is configured for automotive operations, with an established auto shop currently occupying the building and remaining in place for a buyer. Updates have been completed throughout the structure.
The building is at 28 Marginal Street West in Brooklyn, within an industrial area near the Bushwick and East New York border. It sits one block from Atlantic Avenue, a corridor associated with body shops, repair garages, and parts suppliers. Access to the Jackie Robinson Parkway at Bushwick Avenue provides connections toward the Interborough, Atlantic Avenue, and Van Wyck for delivery and towing activity.
The building is at 28 Marginal Street West in Brooklyn, within an industrial area near the Bushwick and East New York border. It sits one block from Atlantic Avenue, a corridor associated with body shops, repair garages, and parts suppliers. Access to the Jackie Robinson Parkway at Bushwick Avenue provides connections toward the Interborough, Atlantic Avenue, and Van Wyck for delivery and towing activity.
Key Highlights
- 4,800‑square‑foot warehouse on a 1931‑built structure
- Recently modernized with updates completed throughout
- Established, fully operational auto shop occupies the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,691
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,073,820
$2.1M
Cap Rate 7%
$1,481,300
$1.5M
Cap Rate 9%
$1,152,122
$1.2M
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$127.9K $26.64/SF
− Vacancy
−$5.9K −$1.23/SF
EGI
$122.0K $25.41/SF
− OpEx
−$18.3K −$3.81/SF
NOI
$103.7K $21.60/SF
Area
Brooklyn, NY
Vacancy
4.60%
Lease Rate
$26.64 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,073,820
Cap Rate 7%
$1,481,300
Cap Rate 9%
$1,152,122
Alternative Uses
Best Use
Retail
$3.29M
$2.88M – $3.84M
NOI $230,182 @ 7.0% cap · market cap 14.40%
Second Best
Warehouse
$1.48M
$1.30M – $1.73M
NOI $103,691 @ 7.0% cap · market cap 6.48%
Theoretical Best
Specialty Retail
$3.97M
$3.48M – $4.64M
NOI $278,208 @ 7.0% cap · market cap 17.40%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,684
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11207, NY
100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- A & S Auto Service Center — 460 Mother Gaston Blvd, Brooklyn, NY 11212
- janra muffler repair — 439 Sutter Ave, Brooklyn, NY 11212
- Emilio's Auto Repair Inc. — 290 Junius St, Brooklyn, NY 11212
- Junius Transmissions — 291 Junius St, Brooklyn, NY 11212
- Simtech Auto Repair & Diagnostic — 248 Junius St, Brooklyn, NY 11212
Frequently Asked Questions
What type of property is this?
Auto shop - Operational automotive facility with an in-place tenant and M1-1/R4 zoning.
Where is this auto shop located?
The property is located at 28 MARGINAL ST W Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: 4,800‑square‑foot warehouse on a 1931‑built structure; Recently modernized with updates completed throughout; Established, fully operational auto shop occupies the building
