See all 12 photos
12 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$450,000
Est. payment /mo
4,115 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,115 sqft
Price per Sqft $109
MLS Listing ID 504959
Year Built 1925
Annual Tax Amount $6,828
Property Sub-Type Commercial
Property Description
TURNKEY, FAMILY-OPERATED LAUNDROMAT — STRONG CASH FLOW & EXPANSION POTENTIAL
Established, family-operated laundromat offering an excellent opportunity for an owner-operator or investor to acquire a proven business with a long-term lease in place and multiple avenues for future growth. The laundromat is currently operating with 30 commercial dryers and 34 commercial washing machines, providing a strong foundation for continued operations.
The sale includes a 10-year lease at an attractive $6,500 monthly rent, which includes the full basement. The lease provides for a 2% annual rent increase, offering predictable occupancy costs and long-term stability. For buyers seeking additional security, the lease term may be negotiable for a longer period.
The storefront measures approximately 20' x 95', with an additional 20' x 55' basement currently utilized for drain tanks, supplies, and storage. The property was extended by the current owners in 2017, providing additional operational space.
The business is currently operated by the family and has established customer traffic and recurring revenue. There is significant opportunity to increase revenue by adding pickup and delivery, and dry-cleaning services. A rare opportunity to acquire an established laundromat with an existing customer base, substantial equipment, favorable lease structure, and multiple opportunities to grow revenue and profitability.
Established, family-operated laundromat offering an excellent opportunity for an owner-operator or investor to acquire a proven business with a long-term lease in place and multiple avenues for future growth. The laundromat is currently operating with 30 commercial dryers and 34 commercial washing machines, providing a strong foundation for continued operations.
The sale includes a 10-year lease at an attractive $6,500 monthly rent, which includes the full basement. The lease provides for a 2% annual rent increase, offering predictable occupancy costs and long-term stability. For buyers seeking additional security, the lease term may be negotiable for a longer period.
The storefront measures approximately 20' x 95', with an additional 20' x 55' basement currently utilized for drain tanks, supplies, and storage. The property was extended by the current owners in 2017, providing additional operational space.
The business is currently operated by the family and has established customer traffic and recurring revenue. There is significant opportunity to increase revenue by adding pickup and delivery, and dry-cleaning services. A rare opportunity to acquire an established laundromat with an existing customer base, substantial equipment, favorable lease structure, and multiple opportunities to grow revenue and profitability.
Location
State NY
County Kings (brooklyn)
Area Park Slope
Zoning R6A
Rooms
Basement Other
Interior
Interior Features Other
Equipment All equipment included!!!
Exterior
Roof Type Flat
Present Use Other
Building
Story 3
Foundation Slab Concrete, Other
Others
Financing Bank Mortgage,Cash
Read Less Info
Listed by Re/Max Real Estate Professiona
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION