East Village NYC Absentee Laundromat with Property
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HS Listing ID-69690
7% CAP RATE + MASSIVE AIR RIGHTS UPSIDE 4×CASH FLOW VERY BUSY DOWNTOWN
MANHATTAN ABSENTEE-RUN LAUNDROMAT.
This is a rare opportunity to acquire a high-volume, absentee-operated laundromat combined with a cash-flowing mixed-use building in Downtown Manhattan featuring significant unused air rights for vertical expansion. The asset produces strong in-place income while offering long-term development upside in one of the most supply-constrained real estate markets in the world.
Laundromat (4× Cash Flow) $1,280,000
Building (7% Cap Rate) $4,550,000
Total Combined Offering $5,830,000
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
7% CAP RATE + MASSIVE AIR RIGHTS UPSIDE 4×CASH FLOW VERY BUSY DOWNTOWN
MANHATTAN ABSENTEE-RUN LAUNDROMAT.
This is a rare opportunity to acquire a high-volume, absentee-operated laundromat combined with a cash-flowing mixed-use building in Downtown Manhattan featuring significant unused air rights for vertical expansion. The asset produces strong in-place income while offering long-term development upside in one of the most supply-constrained real estate markets in the world.
Laundromat (4× Cash Flow) $1,280,000
Building (7% Cap Rate) $4,550,000
Total Combined Offering $5,830,000
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2472300
- Listing Views
Listing ID: 2472300 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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