24-Hour Laundromat
For Sale
Contact for pricing
Pending
446 New Lots Avenue, Brooklyn, NY 11207
Operating laundromat business with 24-hour hours, gross income of $86,000 monthly, and a 20-year lease.
Property Size5,800 SF
Days on Market924
Property Features for 446 New Lots Avenue
General Information
Standard status
Pending
Size
5,800 SF
Property subtype
Retail, Industrial, Office
Additional Details
Business Included
Yes
Building Details
Units
1
Listing Agency:
E House Realty & Mgt. Inc.
Listed By:
Mandy (Meijuan) Jiang · License #10401369485
Source:
Crexi
Added: Apr 17, 2024
Changed: Oct 25
Last Checked: Oct 26 at 2:57PM
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 E House Realty & Mgt. Inc.
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Investment Insights
Based on property information with market context.
This offering includes a laundromat business operating 24 hours, with an absentee-owner gross income reported at $86,000 per month. The business is described with a 5-employee staff and a 20-year lease term. The facility size is listed as 5,800 square feet.
The property is located at 446 New Lots Avenue in Brooklyn, New York (11207). For interested buyers, this presents a turnkey opportunity centered on an established, ongoing 24-hour laundry operation under the existing lease structure.
The property is located at 446 New Lots Avenue in Brooklyn, New York (11207). For interested buyers, this presents a turnkey opportunity centered on an established, ongoing 24-hour laundry operation under the existing lease structure.
Key Highlights
- Operating laundromat business with 24‑hour business hours
- Absentee owner gross income of $86,000 per month
- 5800 SF laundromat size
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,424
Businesses Nearby
276k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 22%
Groceries 21%
Electronics 1%
Food Bazaar Supermarket
Groceries
50,102 visits/mo
0.5 miles
McDonald's
Dining
46,475 visits/mo
0.4 miles
Wendy's
Dining
32,914 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
19,682 visits/mo
0.5 miles
Dunkin' Donuts
Dining
16,528 visits/mo
0.3 miles
Demographics for 11207, NY
100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Operating laundromat business with 24-hour hours, gross income of $86,000 monthly, and a 20-year lease.
Where is this retail space located?
The property is located at 446 New Lots Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Operating laundromat business with 24‑hour business hours; Absentee owner gross income of $86,000 per month; 5800 SF laundromat size
