718-249-6514

1230 Utica Avenue
Brooklyn, NY 11203

Commercial
  • 2,800sq ft
$1,150,000
Est. P&I payment: $4392.22/mo
1230 Utica Avenue, Brooklyn, NY 11203
  • 1230 Utica Avenue, Brooklyn, NY 11203 Photo 1
  • 1230 Utica Avenue, Brooklyn, NY 11203 Photo 2
  • 1230 Utica Avenue, Brooklyn, NY 11203 Photo 3
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  • 1230 Utica Avenue, Brooklyn, NY 11203 Photo 5
  • 1230 Utica Avenue, Brooklyn, NY 11203 Photo 6
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Description for 1230 Utica Avenue, Brooklyn, NY 11203
Prime Commercial Building for Sale! Approximately 4,000 Sqft Auto Body Shop! Business has been around for over 40 years. Seller is retiring. 2,800 interior sqft + another 1,200 sqft of covered outdoor space. Lot is 40x100. Ceiling height is between 12-14 ft. The Auto Body Shop currently has 2 Employees both working for 4-5 years. Both are on payroll for $30,000. The Insurance is $6,000, Sales Tax is approximately $6,000 (Varies), Utilities is $8,000. Total expense is $36,000. Net Income is $62,000. All offers must be submitted with proof of funds.
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My Notes for MLS #411467

General Features

  • Current Use: Industrial
  • Lot Number: 36
  • Number Of Stores: 1
  • Owner Occupied: Yes
  • Potential Use: Industrial
  • Property Sub Type: Warehouse
  • Property Type: Commercial
  • Status: Active
  • Unit Count: 1
  • Year Built: 1931
  • Zoning: C8-1

Utility Features

  • Electric: 220 V
  • Utilities: Electric
  • Utility Expense: 4,000

Financial Features

  • Assessment Fee End Date: 0000-00-00 00:00:00
  • Cap Rate: 0.05
  • Financing: Bank Mortgage,​Cash,​Other
  • Fuel Expense: 4,000
  • Gross Expense: 36,000
  • Gross Income: 160,000
  • Heat Delivery: Other
  • Heating Fuel: Other
  • Insurance Expense: 6,000
  • Miscellaneous Expense: 4,000
  • Net Operating Income: 62,000
  • Payroll Annual Expenses: 60,000
  • Tax Abatement End Date: 0000-00-00 00:00:00
  • Tax Amount: 11,506
  • Tenant Lease End Date: 0000-00-00 00:00:00
  • Transaction Type: Sale

Interior Features

  • Basement Amenities: None
  • Ceiling Height: 11-15 Foot
  • Commercial Features Interior: Restrooms - Staff
  • Flooring: Concrete
  • Lavatories: None
  • Sq Ft Total: 2,800
  • Stories: 1
  • Walls: Block

Miscellaneous Features

  • Block: 4,770
  • Date Available: 0000-00-00 00:00:00
  • Sale Type: Arm's Length

Community Features

  • Borough: Brooklyn
  • City: Brooklyn
  • County Or Parish: Kings (Brooklyn)
  • Cross Street Name: Clarendon Rd
  • Cross Street Name 2: Avenue D
  • MLS Area Major: East Flatbush

Exterior Features

  • Building Footprint Sq Ft: 2,800
  • Building Length: 70
  • Building Type: Attached
  • Building Width: 40
  • Commercial Features Exterior: Doors - 10 ft and under,​Sign – Roof
  • Construction Materials: Brick
  • Foundation Details: Block
  • Loading Docks: Drive-In
  • Lot Size Length: 100
  • Lot Size Width: 40
  • Lot Sq Ft: 4,000
  • Roof: Flat

Location

 
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The listing information for 1230 Utica Avenue, Brooklyn, NY 11203 was graciously provided by our friends at the listing brokerage, Pullini Realty Corp.

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P&I Payment $4392.22
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Green Light's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Green Light, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 08/22/2017 at 12:40am
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