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Two tenants currently occupy the building, a laundromat and the United Adult Day Care inc. The purchase of the property will include the laundromat business, The laundromat has been running for 13 years, and has 150 European laundry machines made by the brand Huebsch?, that's over $300,000 worth of equipment. Before COVID-19 & restrictions, the business was making over $600K annual. But because of the owner not being present, the business gross was lowered. The Adult Day Care inc. - senior center - currently occupies 4033 SF of a recently remodeled office space which features private offices, two multi unit bathrooms, a handicap bathroom, yoga room, kitchen area, open area, and 5 exits. They are currently on a lease that ends in 2028, with a rent of $5150 monthly, with 3% annual plus the tax increase from 2019, total annual income received is approx. $62,834.55. Tenant also contributes to all utilities
Listing Price $3,450,000
Listing ID 3314647
Property Type Business Opportunity
County Queens
Listing ID 3314647
Price$3,450,000
Status Active
Acres 0.260
County Queens
Property Type Business Opportunity
Property Sub Type Retail

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Win Morrison Realty

63 John Street
Kingston, NY 12401
Kingston Residential - Kingston Commercial: 845-339-9999 - Woodstock Tinker Street: 845-679-9444 - Woodstock Old Forge: 845-679-2929 - Saugerties: 845-246-3300 - Phoenicia: 845-688-2929
© 2023 OneKey MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of OKMLS. Real estate listings held by IDX Brokerage firms other than Cyber Guardian Consulting Group, LLC. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Information provided is deemed reliable but not guaranteed. Data last updated: Thursday, January 26th, 2023 at 04:24:41 PM.
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Listing courtesy of Susan Kwak with Douglas Elliman Real Estate 516-466-2100
Data services provided by IDX Broker

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