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$ 220,000
Est. payment /mo
New
NA NA Western Nassau County, NY 77777
0.5 Baths
1,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $183
MLS Listing ID 11973976
Half Baths 1
Property Description
Owner operated, well established for 20+ years, reputable immaculate, coin laundromat for sale with drop off full services in western Nassau county. In front of the Nassau Inter County Express (NICE) bus stop. Down the block to a major traffic intersection with investment grade credit tenants and branded gas stations. 10 minute drive to LIRR train station. Great foot, around 19k+ daily car traffic, large display window, street and sign frontage! Open 7 days a week. 20 Wascomat (50/30/18 lbs) coin operated washers around 17 years old and 20 Huebsch coin dryers around 17 years old. Spacious street floor around 1,200 square feet with cellar storage space around 400 sq ft. High ceiling fans up to 12 feet with HVAC central ac and heat. New point of sale credit payment system installed last month for drop off. Around $125k yearly gross income and around $51k yearly net cash flow. Around 65% of income is from drop off. Loyal clientele. Monthly rent is $4k which includes $700 monthly property taxes. 8 years remaining on lease with a renewal option. Asking $220k @ 23% cap!
Location
State NY
County 36059
Rooms
Basement Partial
Dining Room 0
Kitchen 0
Building
Story 1
Sewer Municipal
Water Municipal
Tenisha Davis, Licensed Real Estate Broker
Licensed Real Estate Broker - GRI, ABR, CBR, SFR, SRS - Notary Public