Property profile

4345 41St St Sunnyside, NY 11104

OFF-MARKET
Industrial properties
Built 1930
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Industrial properties
Year built 1930

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4345 41St St Sunnyside, NY 11104
Sunnyside metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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