Property summary
This exceptional investment opportunity presents a 1-story, 1,289 square foot commercial garage located at 2133 Utica Avenue in the Flatbush section of Brooklyn, New York. Situated on a 2,000 square foot lot, this property boasts 8-10 foot ceilings and is currently delivered vacant, providing immediate potential for various uses. The interior features an open space layout, ideal for customization, along with a small office and a half bathroom. The property's zoning and permitted uses should be independently verified. The asking price is $799,000. This single-unit structure presents a unique chance to acquire a well-located commercial property in a thriving Brooklyn neighborhood. The property's size and layout offer flexibility for a range of commercial ventures, from expanded garage space to potential conversion into other commercial uses, subject to applicable regulations and permits. Its vacant status allows for immediate occupancy and customization to suit the buyer's specific needs. The property's location in Flatbush provides easy access to major transportation routes and a vibrant community. Serious inquiries are encouraged to explore the full potential of this promising investment. All information provided is deemed reliable but not guaranteed and should be independently verified.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
R3-2 · Brooklyn, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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