Property profile

147 New Dorp N Plz Staten Island, NY 10306

OFF-MARKET
Auto shops
Property ID
US63-1052693
3,300 SF 0.14 ac lot Built 1941
Individually Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a well-established auto repair shop in Staten Island, New York, listed at $1,800,000. The property encompasses three buildings totaling 4,508 square feet on two lots, measuring 9,950 square feet (50' x 199'). The main building, situated on the front lot (6,200 sq ft), includes a 560-square-foot office and a 2,670-square-foot workshop. The rear lot (3,750 sq ft) houses a building with five garages. The sale includes extensive equipment: four bay lifts, diagnostic equipment, a state inspection machine, a substantial inventory of auto parts, fire extinguishers, an air compressor, a brake machine, oil transfer tanks, two 2,500 BTU heaters, and a 30-year roof with new plywood. The property benefits from a NYC nonconforming use group 16 (equivalent to C8) for auto repair, and has R3-1, C2-1 zoning. Conveniently located just one and a half blocks from the New Dorp train station, this turnkey operation offers significant potential for continued success. The asking price is $399.29 per square foot.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1941
Total area 3,300 SF
Lot 0.14 ac (6,025 SF)
Zoning code R3-1
APN 04206-0016
UPID US63-1052693

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

147 New Dorp N Plz Staten Island, NY 10306-2923
Staten Island metro Census 13400 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2007
2 recorded transactions
2007
$450,000
2007
Price N/A

Zoning & alternative use

R3-1 · Staten Island, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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