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    OFF-MARKET
    Auto shops

    147 New Dorp N Plz, Staten Island, NY 10306-2923

    3,300 SF 0.14 ac lot Built 1941
    Individually Owned 19-yr Hold Free & Clear
    Property ID
    US63-1052693
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • SMP Automotive, Inc. Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Steven Piccolo · 19 yrs held
    Steven Piccolo
    since 2007
    2 recorded transactions
    2007
    $450,000
    2007
    Zoning & alternative use
    R3-1 · Staten Island, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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