1761 Carter Ave Bronx, NY 10457

Property Details for 1761 Carter Ave

Year built

1931

Lot size

0.30 lot acres

Property size

16,800 SF

Zone code

M1-1

Property type

Auto shops

APN

02890-0024

APU

28900024

Description

This exceptional investment opportunity presents a rare chance to acquire a well-established auto repair shop in the Bronx, New York. The property encompasses a substantial 16,800 square feet building situated on a 0.34-acre lot, offering significant potential for expansion or additional income streams. The business itself boasts a loyal customer base and is equipped with all necessary tools and equipment, along with up-to-date permits and paperwork, ensuring a smooth transition for the new owner. The prime location off a major highway, near public transportation, and central to other businesses guarantees high visibility and accessibility. The property's strategic positioning ensures consistent customer traffic and strong revenue generation. An added benefit is the inclusion of parking rights, currently leased for $420 per month under a long-term agreement. This provides a consistent supplemental income stream. The building offers ample space to accommodate additional tenants, creating further opportunities to increase profitability. This turnkey operation has been successfully operating for over two decades and is being sold as-is with the current tenant in place. The property is priced at $3,500,000. Showings require prior approval

Location Insight

City

Bronx

County

Bronx

State

New York

Longitude

-73.9033

Latitude

40.8453

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments