446 New Lots Avenue Brooklyn, NY 11207

Listing agency E House Realty & Mgt. Inc.

Listed by Mandy (Meijuan) Jiang · License #10401369485

Source Crexi

Added: Apr 17, 2024 Updated: Jul 21 at 6:12AM Checked: Jul 21 at 6:12AM

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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.

Key Highlights

• Operating laundromat business with 24‑hour business hours
• Absentee owner gross income of $86,000 per month
• 5800 SF laundromat size

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FAQs

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