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    Turnkey Auto Repair Shop Title is generated by Realmo AI

    739 3rd Avenue, New York, NY 11232

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    For Sale
    $2,500,000

    Fully equipped auto repair facility with multiple service bays and diagnostic equipment on a high-traffic corridor.

    Type:Retail
    Property size:
    963 SF
    Price / SF:
    $2,596/SF
    Added:
    Jun 26, 2026
    Days on Market:
    10
    Last Refresh:
    Jul 2 at 1:37 am

    Property Features for 739 3rd Avenue

    General Information

    Standard status
    Active
    Size
    963 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1936

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    Maria Mosconi

    Listing office Halo Realty Properties LLC

    Listing date Jun 26, 2026

    Source Xome

    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 Halo Realty Properties LLC

    HighLights

    • 2,754 SF fully equipped auto repair facility with multiple service bays and diagnostic equipment
    • 3 guest facilities listed in the property interior features
    • Established auto repair shop in a busy commercial corridor just steps away from the BQE
    • Located at 739 3rd Avenue
    • Year built: 1936
    • No pool on the property

    Overview

    This for-sale auto repair shop is offered as a turnkey operation with multiple service bays and diagnostic equipment. The facility is built out to support ongoing vehicle service, providing the core shop infrastructure needed for a working repair environment.

    Located along a busy commercial corridor just steps away from the Brooklyn-Queens Expressway (BQE), the property benefits from strong day-to-day accessibility and visibility to passing traffic. The address is 739 3rd Avenue in New York, NY 11232.

    For owner-operators, the setup is designed to get a shop running without starting from scratch, with the existing bays and diagnostic tools already in place. For investors, it presents an automotive-use asset with a functional service layout suited to an auto repair business, supported by the location’s practical access to a high-traffic roadway.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $227.0k $235.68
    − Vacancy −$33.4k −$34.64
    EGI $193.6k $201.04
    − OpEx −$58.1k −$60.31
    NOI $135.5k $140.72
    963 SF · lease $235.68/SF/yr · vacancy 14.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.94M
    $1.69M – $2.26M (±1% cap)
    NOI $135,518 @ 7.0% cap · market cap 5.42%
    Second Best
    Industrial
    $199.8K
    $174.9K – $233.2K (±1% cap)
    NOI $13,989 @ 7.0% cap · market cap 0.56%
    Theoretical Best
    Specialty Retail
    $2.40M
    $2.10M – $2.80M (±1% cap)
    NOI $167,793 @ 7.0% cap · market cap 6.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Touch Tunes Interactive ... Music Venue

    Suggested Use

    Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Nursing Home Accounting Firm Shopping Center & Mall Bed & Breakfast Catering Service Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Jimmy's Auto Service Corp — 248 42nd St, Brooklyn, NY 11232
    • HWL Auto Repair Corporation — 265 43rd St, Brooklyn, NY 11232
    • Imax Electric Motors — 262 43rd St, Brooklyn, NY 11232
    • Latino's Auto Services & Collision — 269 45th St, Brooklyn, NY 11220
    • Hm & Sons Auto Repair Corp. — 265 43rd St, Brooklyn, NY 11232

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9994428
    Latitude
    40.6618134

    FAQs

    What type of property is this?
    Auto shop - Fully equipped auto repair facility with multiple service bays and diagnostic equipment on a high-traffic corridor.
    Where is this auto shop located?
    The property is located at 739 3rd Avenue New York, 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: 2,754 SF fully equipped auto repair facility with multiple service bays and diagnostic equipment; 3 guest facilities listed in the property interior features; Established auto repair shop in a busy commercial corridor just steps away from the BQE
    More about this property
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