1392 Utica Ave Brooklyn, NY 11203
- Auto shops
- 3,004 SF
- 0.07 lot acres
Current Use by Public Records
- NYS Inspection Station / Car Inspection Station
- Umer Automotive Inc. / Auto Repair Shop
- NYC Best Roofing / Roofing Contractor / Siding Contractor
Property Details for 1392 Utica Ave
- Year built
- 1931
- Lot size
- 0.07 lot acres
- Property size
- 3,004 SF
- Zone code
- M1-1
- Property type
- Auto shops
- APN
- 04784-0025
- APU
- 47840025
Description
This single-tenant industrial property at 1392 Utica Avenue in Brooklyn, NY, offers 2,041 square feet of versatile space, perfect for manufacturing or warehousing needs. Built in 1931, the building features a single story with impressive 20+ foot ceilings, providing ample headroom for various operations. The property sits on a 1,080 square foot lot and includes 5 parking spaces, a significant advantage in this location. The building is currently vacant, presenting an immediate opportunity for occupancy. Power is provided by a 220v circuit breaker system. The property is zoned M1-1, and its convenient location on Utica Avenue, near the cross streets of Farragut Road and Foster Avenue, ensures excellent visibility and accessibility. Located in Kings County (Brooklyn), this property offers a unique chance to establish or expand your business in a thriving area. The address is 1392 Utica Avenue, Brooklyn, NY 11203. This is a rare opportunity to acquire a well-situated industrial space in a prime Brooklyn location. The property's size and features make it suitable for a range of industrial uses. The building's age adds character, while its functionality remains highly relevant for modern business needs. Don't miss this chance to secure this exceptional industrial property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $955,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $815,000
- 6.5%
- $870,000
- 7%
- $870,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $875,000
- Geo Method
- $910,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $870,000
- Retail
- $770,000
- Mixed-Use
- $715,000
- Hospitality
- $745,000
- Educational
- $930,000
- Residential Income
- $855,000
- Energy
- $795,000
- Income-Based Land
- $705,000
- Food Service
- $695,000
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9293
- Latitude
- 40.6385
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
