Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $1,045,000
    Investment properties

    609 Hegeman Ave, Brooklyn, NY 11207-7001

    3,440 SF 0.04 ac lot Built 1930
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US63-5977035
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a thriving laundromat located at 609 Hegeman Avenue in Brooklyn, New York. The business is currently generating a steady income stream thanks to its established customer base and comprehensive service offerings. The laundromat boasts 14 fully operational washers and 14 fully operational dryers, ensuring efficient and high-volume capacity. Beyond the core laundry services, the business also provides convenient wash-and-fold services, adding another revenue stream. Customer convenience is further enhanced by the inclusion of coin-operated machines, a scale for weighing laundry, readily available laundry carts, and security cameras for peace of mind. Additional amenities include televisions for customer comfort and a rented ATM machine, providing an extra source of income. The property is offered at $150,000, reflecting its strong potential for return on investment. The owner is highly motivated to sell, making this a compelling opportunity for a savvy investor seeking a profitable and established business. All offers will be considered. Serious inquiries only. This is a turnkey operation ready for immediate ownership and continued success. The business is situated in a high-traffic area, ensuring consistent customer flow. This is a rare chance to acquire a well-established and profitable laundromat in a prime Brooklyn location. Don't miss this chance to own a piece of a thriving business.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1930
    Total area 3,440 SF
    Lot 0.04 ac (1,900 SF)
    Zoning code R6
    APN 04301-0048
    UPID US63-5977035
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • HEGEMAN NEIGHBORHOOD LAUNDROMAT (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.36M
    Blend (final) Blend
    $1.05M
    Owner & transaction history
    Thomas Morris · 2 yrs held
    Thomas Morris
    since 2023
    3 recorded transactions
    2023
    2023
    2004
    $345,000
    Zoning & alternative use
    R6 · Brooklyn, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $1.7M +72.6%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 609 Hegeman Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message