Multi-Bay Auto
New
For Sale
$5,999,000
37-39 Clinton Avenue, Brooklyn, NY 11205
M1-2-zoned facility includes vehicle lifts, a spray booth, and dedicated office space.
Property Size5,000 SF
Price / SF$1,199
Days on Market2
Property Features for 37-39 Clinton Avenue
General Information
Standard status
Active
Size
5,000 SF
Total Parking Spaces
50
Property subtype
Commercial
Zoning
M1-2
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
1
Three-Phase Power
Yes
Sprinkler System
Yes
Additional Details
Service Bays
8
Taxes and HOA fees
Annual Taxes
$32,579
Amenities
Great Exposure
Excellent Signage
Private Driveway
Curb Cut
High 16’ Ceilings
Drive-In Door
Private Office
Spray Booth
Waste Oil Heaters
3 Phase Power
All New LED Lighting
A/C
Building Details
Building Size
5,000 SF
Buildings
1
Abandoned
No
Listing Agency:
All Island Estates Realty Corp
Listed By:
Richard Matt Shane (matthewshane8828@gmail.com) · License #1020151
(516) 783-5600
Source:
Edifyny
Added: Oct 7
Last Checked: Oct 7 at 11:00AM
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 All Island Estates Realty Corp
Investment Insights
Based on property information with market context.
This 5,000-square-foot auto shop was built in 1951 and is configured with 8 bays, 5+ lifts, a spray booth, and a private office. Building features include 16-foot ceilings, one drive-in door, sprinklers, waste oil heaters, 3-phase power, air conditioning, and new LED lighting. The site also has 50 parking spaces, a private driveway, and a curb cut.
The property is on Clinton Avenue in Brooklyn’s Clinton Hill area, between Flushing Avenue and I-278, and near the Brooklyn Navy Yard. Businesses identified in the surrounding area include Bank of America, Tesla, USPS, UPS, The Home Depot, and Whole Foods Market.
The property is on Clinton Avenue in Brooklyn’s Clinton Hill area, between Flushing Avenue and I-278, and near the Brooklyn Navy Yard. Businesses identified in the surrounding area include Bank of America, Tesla, USPS, UPS, The Home Depot, and Whole Foods Market.
Key Highlights
- 8‑bay layout with 5+ lifts and a spray booth
- 5,000‑square‑foot auto shop built in 1951
- M1‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$239,773
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,795,460
$4.8M
Cap Rate 7%
$3,425,329
$3.4M
Cap Rate 9%
$2,664,144
$2.7M
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$388.8K $77.76/SF
− Vacancy
−$46.3K −$9.25/SF
EGI
$342.5K $68.51/SF
− OpEx
−$102.8K −$20.55/SF
NOI
$239.8K $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 Rate 5%
$4,795,460
Cap Rate 7%
$3,425,329
Cap Rate 9%
$2,664,144
Alternative Uses
Best Use
Retail
$3.43M
$3.00M – $4.00M
NOI $239,773 @ 7.0% cap · market cap 4.00%
Second Best
Warehouse
$1.54M
$1.35M – $1.80M
NOI $108,012 @ 7.0% cap · market cap 1.80%
Theoretical Best
Specialty Retail
$4.14M
$3.62M – $4.83M
NOI $289,800 @ 7.0% cap · market cap 4.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
8
Service bays
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
6,855
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 11205, NY
50,474
Population
19,200
Households
2.6
Avg Household Size
30
Median Age
52%
College-Educated
86%
High-School Grad
1.2 sq mi
ZIP Area
42,062
Density / Sq Mi
$86,753
Median Household Income
$59,901
Median Earnings
$2,307
Median Rent
$892,800
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- K & G Insurance Brokerage Inc — 708 Fulton St, Brooklyn, NY 11217
- Brooklyn Towing & Auto Repair — 410 clinton ave, brooklyn, ny 11238
- Clinton Hill Garage — 240 Vanderbilt Ave, Brooklyn, NY 11205
- ABC — 214 Duffield St, Brooklyn, NY 11201, United States
- Cara Mobile Oil Change & Auto Repair — 417 Myrtle Ave, Brooklyn, NY 11205
Frequently Asked Questions
What type of property is this?
Auto shop - M1-2-zoned facility includes vehicle lifts, a spray booth, and dedicated office space.
Where is this auto shop located?
The property is located at 37-39 Clinton Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $5,999,000.
What are key features of this property?
This property features: 8‑bay layout with 5+ lifts and a spray booth; 5,000‑square‑foot auto shop built in 1951; M1‑2 zoning
