Brick Auto Repair
For Sale
$1,350,000
4201 Glenwood Road, Brooklyn, NY 11210
Commercial, Brooklyn, NY
Property Size3,000 SF
Lot Size0.07 Acres
Price / SF$450
Days on Market138
Property Features for 4201 Glenwood Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M1-1
Basement
Finished
Subdivision
East Flatbush
Standard status
Active
Size
3,000 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
21914
Building Details
Flooring type
Concrete
Building materials
Brick
Roof type
Metal
Listing Agency:
Real Broker NY LLC
(718) 256-4000
Listed By:
Cindy Jones
(718) 269-4598
Added: May 21
Changed: Sep 6
Last Checked: Oct 5 at 5:06AM
MLS# 501651
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 3,000-square-foot commercial building is currently operating as an automotive repair and service facility. The property has a brick exterior, concrete flooring, and a metal roof, with a functional layout suited to repair, mechanic, detailing, or related automotive operations. Street access and visible positioning support day-to-day service activity.
Located at 4201 Glenwood Road in Brooklyn, the property is zoned M1-1. The zoning framework allows light industrial uses, warehousing, offices, certain retail uses, and service businesses. The site is positioned on a 0.0689-acre lot and may also accommodate other business formats subject to applicable DOB and NYC Planning approvals.
Located at 4201 Glenwood Road in Brooklyn, the property is zoned M1-1. The zoning framework allows light industrial uses, warehousing, offices, certain retail uses, and service businesses. The site is positioned on a 0.0689-acre lot and may also accommodate other business formats subject to applicable DOB and NYC Planning approvals.
Key Highlights
- 3,000‑square‑foot automotive repair and service facility
- 0.0689‑acre lot at 4201 Glenwood Road, Brooklyn, NY 11210
- M1‑1 zoning allows light industrial, warehousing, office, select retail, and service uses
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
$72,072
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
5.34%
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%
$1,441,440
$1.4M
Cap Rate 7%
$1,029,600
$1.0M
Cap Rate 9%
$800,800
$800.8K
Market Conditions
NOI Build-Up for 3,000 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
$126.0K $42.00/SF
− Vacancy
−$15.1K −$5.04/SF
EGI
$110.9K $36.96/SF
− OpEx
−$38.8K −$12.94/SF
NOI
$72.1K $24.02/SF
Area
Brooklyn, NY
Vacancy
12.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
35.00%
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%
$1,441,440
Cap Rate 7%
$1,029,600
Cap Rate 9%
$800,800
Alternative Uses
Best Use
Retail
$2.06M
$1.80M – $2.40M
NOI $143,864 @ 7.0% cap · market cap 10.66%
Second Best
Flex RnD
$1.03M
$900.9K – $1.20M
NOI $72,072 @ 7.0% cap · market cap 5.34%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.90M
NOI $173,880 @ 7.0% cap · market cap 12.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,190
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11210, NY
62,805
Population
22,817
Households
2.8
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
1.6 sq mi
ZIP Area
39,253
Density / Sq Mi
$83,261
Median Household Income
$50,286
Median Earnings
$1,734
Median Rent
$817,600
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
Questions? Ask Rey
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Similar Off Market Nearby
- Midwood Glass & Shade — 1778 Flatbush Ave, Brooklyn, NY 11210
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- JAHWERKS-AUTO LLC *MOBILE MECHANIC* — 2329 Nostrand Ave, Brooklyn, NY 11210
- One Stop Tire Shop — 1707 Flatbush Ave, Brooklyn, NY 11210
- InDa Mix Company — 983 E 31st St, Brooklyn, NY 11210
Frequently Asked Questions
What type of property is this?
Auto shop - M1-1 zoning supports light industrial, service, warehousing, office, and select retail uses.
Where is this auto shop located?
The property is located at 4201 Glenwood Road Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 3,000‑square‑foot automotive repair and service facility; 0.0689‑acre lot at 4201 Glenwood Road, Brooklyn, NY 11210; M1‑1 zoning allows light industrial, warehousing, office, select retail, and service uses
