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    4345 41St St Sunnyside, NY 11104

    Sponsored
    For Sale
    $190,000

    High-traffic laundromat, strong leasehold.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional investment opportunity presents a thriving laundromat located at 4345 41st Street in the bustling Sunnyside, NY neighborhood. The property boasts a strong income stream, with a significant portion (60%) derived from convenient drop-off accounts. The laundromat features 18 washers and 14 dryers, all of which are only two years old, ensuring minimal maintenance and operational costs. The current lease has a remaining term of 4.5 years, providing long-term stability and predictable cash flow for the investor. Situated in a high-traffic area, this laundromat benefits from excellent visibility and accessibility, attracting a consistent flow of customers. This turnkey operation is ideal for an investor seeking a stable, income-generating asset in a prime location. The property's robust equipment and established customer base contribute to its strong financial performance. The long-term lease provides security and minimizes operational risks. This is a rare opportunity to acquire a well-established and profitable laundromat in a desirable area with significant growth potential. The current owner has meticulously maintained the equipment and business operations, ensuring a smooth transition for the new owner. This is a truly exceptional investment opportunity not to be missed.

    Property Features for 4345 41St St

    General Information

    Property type
    Industrial properties

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sunnyside
    County
    Queens
    State
    New York
    Longitude
    -73.92312
    Latitude
    40.74414

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    FAQs

    What type of property is this?
    Industrial property - High-traffic laundromat, strong leasehold.
    Where is this industrial property located?
    The property is located at 4345 41St St Sunnyside, NY.
    What is the asking price?
    The asking price for this property is $190,000.
    (718) 445-6789
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    4345 41St St Sunnyside, NY 11104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4345 41St St Sunnyside, NY 11104
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