Brooklyn Garage Space For
9530 Ditmas Avenue, Brooklyn, NY 11236
For Sale
$1,250,000
Pending
Garage space/store front on a 40X100 lot, M1-1 zoning.
Property Size3,160 SF
Lot Size0.09 Acres
Days on Market575
Property Features for 9530 Ditmas Avenue
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Listing Agency:
Excell Choice Realty
Listed By:
Kwesi Cunningham · License NY #10401263628
(718) 705-4646
Source:
Exitrealty
Added: Apr 15, 2025
Changed: Nov 6
Last Checked: Nov 6 at 7:39AM
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 Excell Choice Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This garage space and storefront, currently operating as a car mechanic shop, is situated on a 40x100 lot with a 39.5x80 building. The property is zoned M1-1 for manufacturing. Its location offers convenient access to L trains, restaurants, and stores. The area has a bike score of 54, indicating it is bikeable, a walk score of 81, signifying it is very walkable, and a transit score of 77, denoting excellent transit options.
Key Highlights
- Excellent Transit Score (77): Enjoy convenient access to public transportation.
- Very Walkable Score (81): Close to restaurants, stores, and other amenities.
- M1‑1 (Manufacturing) Zoning: Offers diverse usage possibilities.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,217
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,124,340
$1.1M
Cap Rate 7%
$803,100
$803.1K
Cap Rate 9%
$624,633
$624.6K
Market Conditions
NOI Build-Up for 3,160 SF
Gross rent
$84.2K $26.64/SF
− Vacancy
−$3.9K −$1.23/SF
EGI
$80.3K $25.41/SF
− OpEx
−$24.1K −$7.62/SF
NOI
$56.2K $17.79/SF
Area
Brooklyn, NY
Vacancy
4.60%
Lease Rate
$26.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,124,340
Cap Rate 7%
$803,100
Cap Rate 9%
$624,633
Alternative Uses
Best Use
Retail
$2.16M
$1.89M – $2.53M
NOI $151,537 @ 7.0% cap · market cap 12.12%
Second Best
Industrial
$803.1K
$702.7K – $937.0K
NOI $56,217 @ 7.0% cap · market cap 4.50%
Theoretical Best
Specialty Retail
$2.62M
$2.29M – $3.05M
NOI $183,154 @ 7.0% cap · market cap 14.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,757
Businesses Nearby
326k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Superstores 37%
Dining 16%
Groceries 5%
BJ's Wholesale Club
Superstores
120,868 visits/mo
0.3 miles
Dollar Tree
Shops & Services
35,330 visits/mo
0.2 miles
Wendy's
Dining
24,532 visits/mo
0.2 miles
Mobil
Shops & Services
18,336 visits/mo
0.4 miles
PetSmart
Shops & Services
15,441 visits/mo
0.4 miles
Demographics for 11236, NY
100,687
Population
37,002
Households
2.7
Avg Household Size
40
Median Age
28%
College-Educated
88%
High-School Grad
3.6 sq mi
ZIP Area
27,969
Density / Sq Mi
$82,813
Median Household Income
$50,244
Median Earnings
$1,637
Median Rent
$710,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Auto shops in Brooklyn, NY
Properties on Market for Auto shops in Brooklyn
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Mechanical Work Tire Shop — Brooklyn, NY 11203
- Fame Auto Group — 599 a E 56th St, Brooklyn, NY 11203
- Metropolitan Repair Center Inc — 5811 foster ave, brooklyn, ny 11234
- Foster Ave Tires & Wheels — 5880 Foster Ave, Brooklyn, NY 11234
- Sundy's Tires — Preston Ct, Brooklyn, NY 11234
Frequently Asked Questions
What type of property is this?
Auto shop - Garage space/store front on a 40X100 lot, M1-1 zoning.
Where is this auto shop located?
The property is located at 9530 Ditmas Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Excellent Transit Score (77): Enjoy convenient access to public transportation.; Very Walkable Score (81): Close to restaurants, stores, and other amenities.; M1‑1 (Manufacturing) Zoning: Offers diverse usage possibilities.
