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    1761 Carter Ave Bronx, NY 10457
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    Property profile & analytics

    1761 Carter Ave Bronx, NY 10457


    • Auto shops
    • 16,800 SF
    • 0.30 lot acres
    Established Auto Repair Shop Opportunity For Sale
    $3,500,000
    0.34 Acres

    Established Auto Repair Shop Opportunity

    Commercial building with auto repair business, land, and parking rights.

    1761 Carter Avenue, Bronx, NY 10457
    View Listing
    Property ID
    US63-0966965
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Auto shops

    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


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    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

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $61,979
    $116,100
    $469,050
    $585,150
    -
    $258,000
    $1,070,000
    $1,328,000
    View Listing
    More about this property
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