Multi-Location Retail
$750K Undisclosed, Westchester, NY 77777
- Added:
- Apr 22, 2026
- Days on Market:
- 77
- Last Refresh:
- Jul 7 at 5:06 pm
Property Features for $750K Undisclosed
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Pending
Building Details
- Building materials
- Masonite
Listing agent Mi Ryoung Chong (718) 961-8801
Listing office HANMI REALTY 37 17 UNION ST, FLUSHING, NY (718) 961-8801
Listing date Apr 22, 2026
MLS# 11740141
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two established businesses on the same street: Organic dry cleaning/laundry/wash & fold, tailoring, shoe repair, leather & suede, rug cleaning, and plant businesses
- Location #1 (1,400 SF) with Mon–Fri 9–7pm and Sat 9–6pm operations; 5‑year lease renewed every 5 years for 20 years; $4,000/mo rent (excl. utilities)
- Location #2 includes a 1,900 SF single‑tenant building where the seller owns/occupies; building not included in sale; Mon–Sat 8–5pm; $6,000/mo rent (excl. utilities)
- Location #2 lease: new 10‑year lease with option to renew for 10 more years; seller willing to finance 10% of sales price
- Downtown setting near a bus stop and residential developments; Location #2 is several blocks from the Metro‑North train station
- Across from an investment‑grade branded gas station with strong Route 9 intersection frontage and reported foot and 16k+ car traffic per day
Overview
The offering includes two separately operated storefront locations in southwestern Westchester County. Location #1 operates as an organic dry cleaners and laundry service, offering wash & fold, tailoring, shoe repair restoration, leather and suede care, and rug cleaning. It operates Monday–Friday 9:00am–7:00pm and Saturday 9:00am–6:00pm, and comprises 1,400 square feet. This location is under a new five-year lease that has been renewed every five years for the past 20 years.
Location #1 is described as being downtown next to a bus stop and near multiple residential developments, across the street from a branded gas station with prominent Route 9 intersection frontage, sign visibility, and reported foot and 16k+ car traffic per day. Location #2 is a single-tenant building with a backyard that is occupied and owned by the seller; the building is described as not included in the sale. This second operation covers rug cleaning, organic cleaners, and plant services, operating Monday–Saturday 8:00am–5:00pm, and includes 1,900 square feet.
For buyers or operators seeking an established retail service platform, both locations support a broad package of cleaning and repair services with multiple hours of operation. The seller also indicates financing interest, offering to finance 10% of the sales price for a qualified buyer. The operations currently employ five full-time employees, and the second location is under a new 10-year lease with an option to renew for an additional 10 years.
Location #1 is described as being downtown next to a bus stop and near multiple residential developments, across the street from a branded gas station with prominent Route 9 intersection frontage, sign visibility, and reported foot and 16k+ car traffic per day. Location #2 is a single-tenant building with a backyard that is occupied and owned by the seller; the building is described as not included in the sale. This second operation covers rug cleaning, organic cleaners, and plant services, operating Monday–Saturday 8:00am–5:00pm, and includes 1,900 square feet.
For buyers or operators seeking an established retail service platform, both locations support a broad package of cleaning and repair services with multiple hours of operation. The seller also indicates financing interest, offering to finance 10% of the sales price for a qualified buyer. The operations currently employ five full-time employees, and the second location is under a new 10-year lease with an option to renew for an additional 10 years.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.8k | $33.60 |
| − Vacancy | −$6.7k | −$3.53 |
| EGI | $57.1k | $30.07 |
| − OpEx | −$17.1k | −$9.02 |
| NOI | $40.0k | $21.05 |
1,900 SF · lease $33.60/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$571.4K
$500.0K – $666.6K
NOI $39,996 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.32M
$1.15M – $1.54M
NOI $92,160 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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- Antillana Fresh Meat Market — 1025 Westchester Ave, Bronx, NY 10459
- Alta Floristeria — 1114 Westchester Ave, Bronx, NY 10459
Map
- City
- Westchester
- County
- Bronx
- State
- New York
- Longitude
- -73.885414
- Latitude
- 40.998375
FAQs
What type of property is this?
Storefront property - Two established storefronts offer laundry, organic dry cleaning, rug cleaning, tailoring, and plant services under renewable lease terms.
Where is this storefront property located?
The property is located at $750K Undisclosed Westchester, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two established businesses on the same street: Organic dry cleaning/laundry/wash & fold, tailoring, shoe repair, leather & suede, rug cleaning, and plant businesses; Location #1 (1,400 SF) with Mon–Fri 9–7pm and Sat 9–6pm operations; 5‑year lease renewed every 5 years for 20 years; $4,000/mo rent (excl. utilities); Location #2 includes a 1,900 SF single‑tenant building where the seller owns/occupies; building not included in sale; Mon–Sat 8–5pm; $6,000/mo rent (excl. utilities)
