by RH Advisors

See Home Value
$850,000
House - Off Market

489 Rockaway Avenue

Brownsville, NY 11212
bedrooms
Studio
bathrooms
0 Bath
$919,726
RealtyHop Estimate
8.20%
Since Feb 1, 2023
NY-New York
Primary Model

About This Property

Well-established laundromat business for over 10 years. Store space over 4000 SF with 36 shared parking spaces at 489 Rockaway Ave on the main road in a densely populated middle-class area. The laundromat contains 67 washers and 76 dryers. Besides laundry, the business also includes selling candy/drinks and lottery. There is also an ATM in the store. 15-year lease left. The new owner can definitely grow this laundromat's business by offering pick-up and delivery services.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999
Last updated: 2 years ago (OneKey MLS #3397460)

Price History

Date / Event Date Event Price
Apr 29, 2023 No longer available -
No longer available
Jan 9, 2023 Price Decreased $850,000
↓ $5M (84.3%)
Price Decreased
Nov 23, 2022 Sold to 23 Butler Llc $5,400,000
Sold to 23 Butler Llc
Oct 26, 2022 Price Decreased $950,000
↓ $50K (5%)
Price Decreased
Jul 25, 2022 Price Decreased $1,000,000
↓ $200K (16.7%)
Price Decreased
Show More

Property Highlights

Exterior Details

Building Information

Building Area Units: Square Feet


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
3 Baths
-
$830,000 May 1, 2017
$830,000 Sep 18, 2017
-
Other
Loft
3 Baths
1,680 ft²
$524/ft²
$880,000 Apr 8, 2019
$880,000 May 1, 2020
-
Other
Loft
3 Baths
-
$729,000 Dec 24, 2014
$729,000 Apr 8, 2015
$1,300/mo
Commercial
Loft
-
-
$860,000 Dec 4, 2018
$860,000 Sep 25, 2019
$126/mo
Townhouse
Stu
-
-
$845,000 Feb 21, 2021
$845,000 Jun 16, 2021
-
Townhouse
Stu
-
-
$900,000 Jun 15, 2015
$900,000 Oct 7, 2015
-
Other
Loft
-
3,750 ft²
$264/ft²
$990,000 Aug 1, 2023
-
$1,004/mo
Commercial
Loft
-
1,304 ft²
$575/ft²
$750,000 Apr 4, 2024
-
$643/mo
Land
Loft
-
-
$750,000 Jan 19, 2023
-
-
Multifamily
Stu
-
-
$799,000 Nov 2, 2023
-
$230/mo
Townhouse
Stu
-
1,800 ft²
$417/ft²
$749,900 Dec 23, 2023
-
-
House
Stu
-
-
$975,000 Mar 6, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220506
05/06/2022
Loft
-
-
$1,200,000
bedrooms
Loft
bathrooms
-
$5,400,000 +350.00%
11/23/2022
Miao Xu
B Square Realty Inc
20190209
02/09/2019
Studio
-
-
$9,880,000
bedrooms
Studio
bathrooms
-
-
-
-
Li Li
B Square Realty Inc
20190207 Unit 12
02/07/2019
12
Studio
-
-
$9,880,000
bedrooms
Studio
bathrooms
-
-
-
-
Minh (Mitchell) Duong
MOMENTUM RE INC

Building Info

489 Rockaway Avenue 489 Rockaway Avenue, Brooklyn, NY 11212
  • 4 Units
  • 1 Unit for Sale
More about this Building
489 Rockaway Avenue
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