Established Auto Repair Shop
For Sale
$2,500,000
49-04 25th Ave, Queens, NY 11377
Commercial building with auto repair business for sale in Woodside.
Property Size4,500 SF
Days on Market267
Property Features for 49-04 25th Ave
General Information
Standard status
Active
Size
4,500 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$19,178
Building Details
Building Size
4,500 SF
Listing Agency:
(917) 292-1818
Listed By:
Kayla Piao
(917) 292-1818
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 20
Last Checked: Aug 20 at 7:37AM
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 Kayla Piao
Investment Insights
Based on property information with market context.
This corner commercial building for sale includes a well-established auto repair shop business that has been operating for over 40 years. The property is located in a prime location in Woodside. The M1-1 zoning of the 50x90 lot offers potential for a new owner. Options include selling or leasing the auto repair business, rebuilding a new warehouse, or developing a commercial office space, according to M1-1 zoning. The property is close to the BQE, GCP, and RFK Bridge.
Key Highlights
- Includes a FREE, well‑established (40+ years) auto repair shop business
- Prime location in Woodside
- M1‑1 zoning allows for rebuilding a new warehouse or commercial office
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
$80,325
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
3.21%
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%
$1,606,500
$1.6M
Cap Rate 7%
$1,147,500
$1.1M
Cap Rate 9%
$892,500
$892.5K
Market Conditions
NOI Build-Up for 4,500 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
$135.0K $30.00/SF
− Vacancy
−$20.3K −$4.50/SF
EGI
$114.8K $25.50/SF
− OpEx
−$34.4K −$7.65/SF
NOI
$80.3K $17.85/SF
Area
Queens County, NY
Vacancy
15.00%
Lease Rate
$30.00 /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%
$1,606,500
Cap Rate 7%
$1,147,500
Cap Rate 9%
$892,500
Alternative Uses
Best Use
Retail
$1.15M
$1.00M – $1.34M
NOI $80,325 @ 7.0% cap · market cap 3.21%
Second Best
Industrial
$404.4K
$353.9K – $471.8K
NOI $28,309 @ 7.0% cap · market cap 1.13%
Theoretical Best
Office A
$3.32M
$2.90M – $3.87M
NOI $232,222 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,426
Businesses Nearby
218k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Shops & Services 29%
Groceries 21%
Office Supplies 8%
Burger King
Dining
36,225 visits/mo
0.3 miles
Starbucks
Dining
21,319 visits/mo
0.4 miles
Key Food Supermarket
Groceries
20,925 visits/mo
0.4 miles
Staples
Office Supplies
17,925 visits/mo
0.4 miles
C-Town Supermarkets
Groceries
14,284 visits/mo
0.2 miles
Demographics for 11377, NY
91,512
Population
34,928
Households
2.6
Avg Household Size
39
Median Age
33%
College-Educated
82%
High-School Grad
2.5 sq mi
ZIP Area
36,605
Density / Sq Mi
$73,292
Median Household Income
$45,978
Median Earnings
$1,802
Median Rent
$670,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Continental Glass — 42-16 broadway, queens, ny 11103
- Fly sky motor — 43-08 Broadway, Queens, NY 11103
- A&G Auto Repair Shop Inc. — 41-18 Broadway, Astoria, NY 11103
- Paragon — 57-06 31st ave, flushing, ny 11377
- Paragon Honda Service Center — 57-06 31st Ave, Queens, NY 11377
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial building with auto repair business for sale in Woodside.
Where is this auto shop located?
The property is located at 49-04 25th Ave Queens, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Includes a FREE, well‑established (40+ years) auto repair shop business; Prime location in Woodside; M1‑1 zoning allows for rebuilding a new warehouse or commercial office
