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    2217 Jerusalem Ave, Unit 2217 North Bellmore, NY 11710

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    For Sale
    $99,000

    Established laundromat and dry cleaner business for sale.

    Lot size:
    0.14 Acres

    Property Features for 2217 Jerusalem Ave

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1964

    Source: Southgate Realty Corporation Agent Michael Ferra GRI

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Laundromat and Dry Cleaner Business

    A combined laundromat and dry cleaner business is available for purchase. The owner is retiring after 27 years of operation. The business occupies a 1,300-square-foot space with a basement. The laundromat accounts for approximately 70% of the business, featuring 16 washers and 12 dryers. The dry cleaning service, which constitutes about 30% of the business, involves collecting clothes for off-site cleaning. There is a possibility of expanding the laundromat services by eliminating the dry cleaning component. The owner has been operating the business independently, reducing hours and services. Previously, the business had two employees and offered expanded hours, as well as pick-up and delivery services, which could be reinstated to increase income. The current rent is $3,074 per month, plus utilities. The landlord is willing to negotiate a new 10-year lease.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    North Bellmore
    County
    Nassau
    State
    New York
    Longitude
    -73.548808
    Latitude
    40.690605

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    FAQs

    What type of property is this?
    Retail space - Established laundromat and dry cleaner business for sale.
    Where is this retail space located?
    The property is located at 2217 Jerusalem Ave, Unit 2217 North Bellmore, NY.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: - Established laundromat and dry cleaner business with 27 years of operation.; - Reduced price to $99,000 with consideration of reasonable offers.; - Opportunity to expand laundromat services by eliminating dry cleaning.
    (516) 781-2800
    Request Owner's contact information
    2217 Jerusalem Ave, Unit 2217 North Bellmore, NY 11710
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    North Bellmore, NY 11710
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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
    2217 Jerusalem Ave, Unit 2217 North Bellmore, NY 11710
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