Mixed-Use Laundromat and
For Sale
Contact for pricing
211 Broad Street, Staten Island, NY 10304
Two-story mixed-use building with an operating laundromat and separate second-floor office space.
Property Size3,600 SF
Price / SF$277.78
Days on Market154
Property Features for 211 Broad Street
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Mixed Use
Zoning
C1-2
Building Details
Year Built
2011
Buildings
1
Listing Agency:
Toscana Property LLC
Listed By:
Kinderlyn Romhin · License #10401395664
(347) 751-7604
Source:
Crexi
Added: Jun 6
Changed: Nov 3
Last Checked: Nov 4 at 12:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Toscana Property LLC
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Investment Insights
Based on property information with market context.
This mixed-use property includes a fully operational laundromat on the first floor and office space on the second floor. The laundromat is included in the sale and is equipped with 28 washers and 30 dryers, along with an ATM. The second floor provides office space suited to a range of professional or commercial uses, supporting a live-work or income-and-tenant mix within one building.
The property is located in a busy commercial district and is described as offering strong foot traffic and excellent visibility, which can support customer-facing uses on the street level. Its two-level configuration separates the laundromat operations from the upper-floor work space.
For buyers, this layout can appeal to owner-operators who want to run the laundromat while leasing the second-floor office, or to investors seeking a property with an operating business and an additional space component. The presence of dedicated equipment for the laundromat and the separate office floor provide a practical foundation for straightforward day-to-day operations and flexible tenancy within the same structure.
The property is located in a busy commercial district and is described as offering strong foot traffic and excellent visibility, which can support customer-facing uses on the street level. Its two-level configuration separates the laundromat operations from the upper-floor work space.
For buyers, this layout can appeal to owner-operators who want to run the laundromat while leasing the second-floor office, or to investors seeking a property with an operating business and an additional space component. The presence of dedicated equipment for the laundromat and the separate office floor provide a practical foundation for straightforward day-to-day operations and flexible tenancy within the same structure.
Key Highlights
- Two‑story mixed‑use building built in 2011 with an operating laundromat on the first floor and office space on the second floor
- First‑floor laundromat business included, equipped with 28 washers, 30 dryers, and an ATM
- Laundromat operates as part of the sale while the second floor provides office space for professional or commercial use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,174
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,383,480
$1.4M
Cap Rate 7%
$988,200
$988.2K
Cap Rate 9%
$768,600
$768.6K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$108.0K $30.00/SF
− Vacancy
−$9.2K −$2.55/SF
EGI
$98.8K $27.45/SF
− OpEx
−$29.6K −$8.24/SF
NOI
$69.2K $19.22/SF
Area
ZIP 10304
Vacancy
8.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,383,480
Cap Rate 7%
$988,200
Cap Rate 9%
$768,600
Alternative Uses
Best Use
Office B
$1.45M
$1.27M – $1.69M
NOI $101,427 @ 7.0% cap · market cap 10.14%
Second Best
Retail
$988.2K
$864.7K – $1.15M
NOI $69,174 @ 7.0% cap · market cap 6.92%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,241 @ 7.0% cap · market cap 12.02%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,393
Businesses Nearby
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Business Placement
Demographics for 10304, NY
46,944
Population
17,524
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
13,413
Density / Sq Mi
$71,506
Median Household Income
$41,752
Median Earnings
$1,516
Median Rent
$659,900
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Two-story mixed-use building with an operating laundromat and separate second-floor office space.
Where is this office unit located?
The property is located at 211 Broad Street Staten Island, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Two‑story mixed‑use building built in 2011 with an operating laundromat on the first floor and office space on the second floor; First‑floor laundromat business included, equipped with 28 washers, 30 dryers, and an ATM; Laundromat operates as part of the sale while the second floor provides office space for professional or commercial use
