Turnkey Laundromat
For Sale
$456,000
98 W 162nd St, Bronx, NY 10452
Fully equipped laundromat with self-service and full-service operations plus on-site ATM and vending.
Property Size3,000 SF
Price / SF$152
Days on Market117
Property Features for 98 W 162nd St
General Information
Standard status
Active
Size
3,000 SF
Additional Details
Business Included
Yes
Listing Agency:
Fang Fang Realty Inc
(718) 676-2518
Listed By:
Xiu Qin (Jenny) Zou
(718) 676-2518
Source:
Exprealty
Added: Apr 7
Changed: Jul 10
Last Checked: Jul 31 at 3:56PM
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 Fang Fang Realty Inc
Investment Insights
Based on property information with market context.
This laundromat business is fully operational and set up for high-volume use, offering both self-service wash and dry and full-service laundry. The facility includes 41 washers and 40 dryers, and it is designed to support steady daily throughput. Additional revenue features include an on-site ATM machine and vending machines.
Located in the Bronx at 98 W 162nd St, the business is surrounded by residential buildings with steady foot traffic. The property is positioned for walk-in customer demand typical of neighborhood service retail.
For buyers seeking a ready-to-operate operation, this is a turnkey purchase with showings by appointment only and a current rent of $7,200 per month. Reported approximate monthly income is $45,000, supported by the mix of self-service, full-service laundry, and ancillary machine income.
Located in the Bronx at 98 W 162nd St, the business is surrounded by residential buildings with steady foot traffic. The property is positioned for walk-in customer demand typical of neighborhood service retail.
For buyers seeking a ready-to-operate operation, this is a turnkey purchase with showings by appointment only and a current rent of $7,200 per month. Reported approximate monthly income is $45,000, supported by the mix of self-service, full-service laundry, and ancillary machine income.
Key Highlights
- Approx. 3,000 SF fully operational laundromat business with self‑service wash & dry and full‑service laundry
- 41 washers and 40 dryers for high‑volume operations
- Additional income from an on‑site ATM machine and vending machines
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,035
Businesses Nearby
129k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 32%
Groceries 12%
Electronics 1%
McDonald's
Dining
65,603 visits/mo
0.2 miles
Fine Fare
Groceries
15,681 visits/mo
0.4 miles
Chase Bank
Shops & Services
13,825 visits/mo
0.3 miles
Family Dollar
Shops & Services
5,424 visits/mo
0.4 miles
Fordham Toyota
Shops & Services
5,414 visits/mo
0.5 miles
Demographics for 10452, NY
77,564
Population
28,854
Households
2.7
Avg Household Size
35
Median Age
14%
College-Educated
71%
High-School Grad
1.0 sq mi
ZIP Area
77,564
Density / Sq Mi
$37,854
Median Household Income
$32,732
Median Earnings
$1,367
Median Rent
$263,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Fully equipped laundromat with self-service and full-service operations plus on-site ATM and vending.
Where is this retail space located?
The property is located at 98 W 162nd St Bronx, NY.
What is the asking price?
The asking price for this property is $456,000.
What are key features of this property?
This property features: Approx. 3,000 SF fully operational laundromat business with self‑service wash & dry and full‑service laundry; 41 washers and 40 dryers for high‑volume operations; Additional income from an on‑site ATM machine and vending machines
