$194,766*
●
Commercial -
Off Market
1655 Nostrand Avenue
Brooklyn, NY 11226
Studio
0 Bath
1800 Sqft
$162,000 - $198,000
Reference Base Price*
8.20%
Since Feb 1, 2023
NY-New York
Primary Model
About This Property
Profitable Laundromat in Brooklyn for Sale that yield 6%
ReturnProfitable Brooklyn Laundromat located in a busy developing
community only doing Self-service, wash & fold.No pickup & delivery
service.- 1200 sf and 450sf basement- 20 washers (4 years old
Dexter)- 20 dryers (7years old Dexter)- Open 6 days from 7am -8pm
(closed Tuesday)- 25% wash and fold- 75% walk-in- small office
counterGross Revenue: $168,000 Net Income:
$115,200.00Expense:Water: $2100/monthGas: $900/monthElectric:
$600/monthRent: $2550/month (including property tax) 9.5 years
left, with 3% increase
The manager has listed the unit size as 1800 square feet.
The manager has listed the unit size as 1800 square feet.
Unit Size
1,800Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$100
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1931
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 23, 2023 | No longer available | - | |
No longer available | |||
Oct 24, 2022 | Price Increased |
$180,000
↑ $30K
(20%)
|
|
Price Increased | |||
Oct 22, 2022 | Listed | $150,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Co-op
2
Beds
1
Bath
1,150 ft²
$143/ft²
$164,000
Jan 27, 2012
$164,000
Dec 1, 2014
$878/mo
Co-op
1
Bed
1
Bath
800 ft²
$236/ft²
$189,000
Apr 15, 2016
$189,000
Mar 13, 2017
$702/mo
Co-op
1
Bed
1
Bath
-
$209,000
Aug 29, 2016
$209,000
Jan 20, 2017
$588/mo
Co-op
1
Bed
1
Bath
-
$140,000
Sep 19, 2014
$140,000
Mar 23, 2015
$594/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/22/2022
|
|
Loft
|
-
|
1800 ft²
|
$150,000
Loft
-
1800 ft²
|
-
-
|
-
|
MeiJuan (Mandy) Jiang
Momentum Real Estate LLC
|
11/19/2021
|
|
Loft
|
-
|
-
|
$1,350,000
Loft
-
|
-
-
|
-
|
Zhongzh Chen
E House Realty & Mgt. Inc.
|
Building Info
1655 Nostrand Avenue
1655 Nostrand Avenue, Brooklyn, NY 11226
- 5 Units
- 1 Unit for Sale