Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    603 E 137Th St, Unit The Bronx, NY 10454

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $900,000

    High-revenue Bronx laundromat with expansion potential and additional income streams.

    Lot size:
    0.17 Acres

    Property Features for 603 E 137Th St

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1931

    Source: Real Broker NY LLC Agent Li Chrzanowski

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

    Overview

    Profitable Laundromat Business Opportunity

    This offering presents the opportunity to acquire a large self-service laundromat in the Bronx. The business features 147 high-capacity washing and drying machines and operates with a card-only payment system. The laundromat is fully attended and equipped with advanced surveillance. In addition to self-service laundry, the business offers a drop-off service with potential for expansion. Located in a densely populated residential area with high demand, the laundromat generates $480,000 in gross annual revenue and $132,000 in net annual income. The property includes three rentable rooms suitable for businesses such as a nail salon or barbershop, generating an estimated $4,000 per month in additional income. The current owners are selling to achieve a better work-life balance due to a long commute. This opportunity is suited for experienced operators or investors seeking consistent returns and growth potential.
    Location Intelligence

    Current Use by Public Records

    E Z Spin ... Laundromat Go Laundry World Laundromat

    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.

    Similar Places Nearby

    Fruit Bouquets, YOUR RED ROSES INC., Diamante Flowers,Balloons & Party Rentals, Juan Fresh Flowers, Verde Flowers

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.91695
    Latitude
    40.80596

    Nearby Similar for Sale

    • New
      $1,350,000
      Pending

      Bronx Colonial Multifamily Investment Property

      Legal 4-family home in Woodlawn, close to Manhattan.
      65 E 233Rd St, Bronx, NY 10470
      View Details
    • New
      $875,000
      0.06 Acres

      Bronx Multifamily with SRO Units

      Multifamily property with 13 SRO units and owner's duplex.
      376 Bronx Park Ave, Bronx, NY 10460
      View Details
    • $1,399,000
      2,912 SF

      Renovated Multi-Family Home, Pelham Bay

      Renovated multi-family home near the #6 train and Pelham Bay Park.
      1711 Mahan Ave, Bronx, NY 10461
      View Details
    • $1,999,900
      0.11 Acres

      Renovated Two-Family Home in Bronx

      Modern, renovated two-family home in Riverdale with great ROI potential.
      6140 Delafield Ave, Bronx, NY 10471
      View Details
    • $875,000
      Pending

      Bronx Two-Family Home For Sale

      Well-maintained two-family home in Throggs Neck, Bronx.
      280 Throggs Neck Blvd, Bronx, NY 10465
      View Details
    • New
      $775,000
      Pending

      Refreshed Bronx Two-Family Home

      Two-family home in Williamsbridge area, move-in ready, income potential.
      3650 Olinville Ave, Bronx, NY 10467
      View Details

    FAQs

    What type of property is this?
    Storefront property - High-revenue Bronx laundromat with expansion potential and additional income streams.
    Where is this storefront property located?
    The property is located at 603 E 137Th St, Unit The Bronx, NY.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - High Gross Revenue and Net Income: Generates $480,000 in gross revenue and $132,000 in net income annually.; - Large Capacity: Features 147 high-capacity washing and drying machines.; - Additional Income Potential: Includes three rentable rooms generating an estimated $4,000/month.
    (631) 576-9793
    Request Owner's contact information
    603 E 137Th St, Unit The Bronx, NY 10454
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    603 E 137Th St, Unit The
    Bronx, NY 10454
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    603 E 137Th St, Unit The Bronx, NY 10454
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.