Warehouse With Automotive Service
New
For Sale
$5,999,000
37-39 Clinton Avenue, Brooklyn, NY 11205
Commercial Sale, Brooklyn, NY
Property Size5,000 SF
Lot Size0.11 Acres
Price / SF$1,199
Days on Market2
Property Features for 37-39 Clinton Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Elementary school district
Brooklyn 13
Middle school district
Brooklyn 13
High school district
Brooklyn 13
Standard status
Active
APN
01873-0010
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
32579
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Amenities
Private Office
Spray Booth
Waste Oil Heaters
All New LED Lighting
A/C
Building Details
Floors in Building
1
Number of units
1
Listing Agency:
All Island Estates Realty Corp
(516) 783-5600
Listed By:
Richard Matt Shane · License #1020151
(516) 279-8828
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 7:06PM
MLS# 1059160
Copyright © 2026 OneKey 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 5,000-square-foot warehouse is configured for automotive service, with eight bays, 5+ lifts, and a drive-in door. The building also includes a private office, spray booth, sprinklers, waste oil heaters, air conditioning, and updated LED lighting. Three-phase power and 16-foot ceilings add to the facility’s operational features, while a private driveway and 50 parking spaces provide on-site vehicle accommodation. The property occupies 0.1148 acres and has M1-2 zoning.
The site is in Brooklyn’s Clinton Hill area, near the Brooklyn Navy Yard and positioned between Flushing Avenue and I-278. Nearby businesses identified include Bank of America, Tesla, USPS, UPS, Home Depot, and Whole Foods Market.
The site is in Brooklyn’s Clinton Hill area, near the Brooklyn Navy Yard and positioned between Flushing Avenue and I-278. Nearby businesses identified include Bank of America, Tesla, USPS, UPS, Home Depot, and Whole Foods Market.
Key Highlights
- 5,000 Sqft. warehouse with automotive service layout
- Eight bays and 5+ lifts
- 16' ceilings and one drive‑in door
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
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Warehouse - M1-2 zoning and dedicated vehicle-service improvements support warehouse and automotive operations.
Where is this warehouse 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: 5,000 Sqft. warehouse with automotive service layout; Eight bays and 5+ lifts; 16' ceilings and one drive‑in door
