1688 Central Park Ave Yonkers, NY 10710
Profitable laundromat with growth potential in high-traffic location.
Source:
Elliman
Listing Agent: Jeffrey Landsman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Established Laundromat Business Opportunity
This established laundromat business presents a significant opportunity. The existing operation includes drop-off service and has been run by an absentee owner. There is potential to increase revenue. The business is located in a busy strip mall, adjacent to a diner with ample parking. It is situated directly across the street from the Sadore Lane complex, which contains 900 apartments, and is near other apartment complexes. The laundromat is equipped with 16 washers, 18 dryers, a change machine, four security cameras with internet viewing, a soap sales dispenser machine, and an ATM. A self-locking front door allows for setting specific business hours. The current lease is available for extension from the landlord. The business currently employs one person who handles the wash and fold service. The business operates on a cash basis.
Location Intelligence
Current Use by Public Records
Launderway
Laundromat
1688 Central Laundromat
Laundromat
Location Insight
- Map
- Local Demand
- City
- Yonkers
- County
- Westchester
- State
- New York
- Longitude
- -73.8413272
- Latitude
- 40.9557801
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Profitable laundromat with growth potential in high-traffic location.
Where is this retail space located?
The property is located at 1688 Central Park Ave Yonkers, NY.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: - High-traffic location: Directly across from a 900-unit apartment complex and near other apartment buildings.; - Established business with growth potential: Existing laundromat with drop-off service and absentee owner, presenting an opportunity to increase profits.; - Lease extension available: Provides long-term stability for the business.