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Laundromat With Additional Buildable Area
For Sale
$4,299,000

9601 Northern Blvd, Queens, NY 11368

Established laundromat income stream plus approximately 12,000± square feet of additional buildable area, subject to verification.

Days on Market10

Property Features for 9601 Northern Blvd

General Information

Standard status Active
Property subtype Commercial

Additional Details

Business Included Yes

Building Details

Building Size 3,744 SF
Year Built 1929
Listing Agency: vision homes real estate llc
Listed By: Avnish Kumar · License #10491209469
Source: Elliman
Added: Jul 24 Changed: Jul 26 Last Checked: Aug 1 at 5:03AM

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 vision homes real estate llc

Investment Insights

Based on property information with market context.

The property is an income-producing laundromat currently operated under absentee ownership. The business generates approximately $600,000 in annual gross revenue and includes opportunities for operational and equipment improvements, including expanded wash-and-fold or pickup/delivery services and extended operating hours.

The site is located on Northern Boulevard in Corona, Queens. In addition to the existing laundromat, there is approximately 12,000± square feet of additional buildable area, subject to the purchaser’s independent verification of zoning and development potential.

For investors and owner-operators seeking current cash flow alongside future expansion optionality, the property offers a combination of established operations and additional space considerations to be confirmed through the buyer’s due diligence.

Key Highlights

  • Established laundromat with approximately $600,000 in annual gross revenue
  • Approximately 12,000± SF of additional buildable area, subject to purchaser verification of zoning/development potential
  • Income‑producing property built in 1929

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Parking Lot & Garage Nursing Home Garden Center Hotel & Motel Real Estate Agency

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,161
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 100%
Springhill Suites New York Laguardia Airport Hotels & Casinos
9,165 visits/mo 0.4 miles

Demographics for 11368, NY

117,110
Population
31,165
Households
3.8
Avg Household Size
34
Median Age
14%
College-Educated
65%
High-School Grad
2.6 sq mi
ZIP Area
45,042
Density / Sq Mi
$71,798
Median Household Income
$33,742
Median Earnings
$1,925
Median Rent
$751,700
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Established laundromat income stream plus approximately 12,000± square feet of additional buildable area, subject to verification.
Where is this retail space located?
The property is located at 9601 Northern Blvd Queens, NY.
What is the asking price?
The asking price for this property is $4,299,000.
What are key features of this property?
This property features: Established laundromat with approximately $600,000 in annual gross revenue; Approximately 12,000± SF of additional buildable area, subject to purchaser verification of zoning/development potential; Income‑producing property built in 1929
More about this property
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