4345 41St St Sunnyside, NY 11104
- Industrial properties
Current Use by Public Records
- Industrial properties
Property Details for 4345 41St St
- Year built
- 1930
- Property type
- Industrial properties
Description
This exceptional investment opportunity presents a thriving laundromat located at 4345 41st Street in the bustling Sunnyside, NY neighborhood. The property boasts a strong income stream, with a significant portion (60%) derived from convenient drop-off accounts. The laundromat features 18 washers and 14 dryers, all of which are only two years old, ensuring minimal maintenance and operational costs. The current lease has a remaining term of 4.5 years, providing long-term stability and predictable cash flow for the investor. Situated in a high-traffic area, this laundromat benefits from excellent visibility and accessibility, attracting a consistent flow of customers. This turnkey operation is ideal for an investor seeking a stable, income-generating asset in a prime location. The property's robust equipment and established customer base contribute to its strong financial performance. The long-term lease provides security and minimizes operational risks. This is a rare opportunity to acquire a well-established and profitable laundromat in a desirable area with significant growth potential. The current owner has meticulously maintained the equipment and business operations, ensuring a smooth transition for the new owner. This is a truly exceptional investment opportunity not to be missed.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sunnyside
- County
- Queens
- State
- New York
- Longitude
- -73.9231
- Latitude
- 40.7441
