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Laundromat and Yoga Center Investment
For Sale
$4,800,000

6322 20th Ave, Brooklyn, NY 11204

Profitable laundromat and yoga center with long-term lease.

Days on Market101

Property Features for 6322 20th Ave

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Tiger Realty
Listed By: Franklin Shan
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 1 at 11:29AM

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 Tiger Realty

Investment Insights

Based on property information with market context.

This investment property features a laundromat business with reported gross sales of $45,000 per month. The second floor houses a yoga center. The current rent is $8,700 per month, with 8 years remaining on the lease. The location has a bike score of 64, indicating it is bikeable. The walk score is 94, classifying it as a walker's paradise, and the transit score is 92, designating it as a rider's paradise.

Key Highlights

  • High‑grossing laundromat business with $45,000 monthly sales
  • Existing tenant (yoga center) provides $8,700 monthly rental income with a long‑term lease in place (8 years remaining)
  • Excellent transit score (92) indicating convenient public transportation access

Property Analytics

Current Use

AN HUA LAUNDROMAT (Bike/Boat/Book/etc) Store Bensonhurst Super Wash (Bike/Boat/Book/etc) Store U Plus Yoga Gym & Fitness Center T H Karaoke ... Nightclub Hamza Travel Corporate Office

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Gym & Fitness Center Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,047
Businesses Nearby
153k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 46% Dining 38% Electronics 9% Groceries 7%
McDonald's Dining
24,219 visits/mo 0.4 miles
Starbucks Dining
21,059 visits/mo 0.2 miles
Dollar Tree Shops & Services
20,655 visits/mo 0.2 miles
Chase Bank Shops & Services
13,520 visits/mo 0.2 miles
Bank of America Shops & Services
11,277 visits/mo 0.2 miles

Demographics for 11204, NY

85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Profitable laundromat and yoga center with long-term lease.
Where is this retail space located?
The property is located at 6322 20th Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: High‑grossing laundromat business with $45,000 monthly sales; Existing tenant (yoga center) provides $8,700 monthly rental income with a long‑term lease in place (8 years remaining); Excellent transit score (92) indicating convenient public transportation access
More about this property
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