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101-02~06 Liberty Avenue

Ozone Park, NY 11417
  • $3,450,000
  • STATUS: Active
  • ON SITE: 564 Days
  • MLS #: 3314647
UPDATED: 66 min ago
$3,450,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

School District:

Description

Two tenants currently occupy the building, a laundromat and the United Adult Day Care inc. The purchase of the property will include the laundromat business, The laundromat has been running for 13 years, and has 150 European laundry machines made by the brand Huebsch?, that's over $300,000 worth of equipment. Before COVID-19 & restrictions, the business was making over $600K annual. But because of the owner not being present, the business gross was lowered. The Adult Day Care inc. - senior center - currently occupies 4033 SF of a recently remodeled office space which features private offices, two multi unit bathrooms, a handicap bathroom, yoga room, kitchen area, open area, and 5 exits. They are currently on a lease that ends in 2028, with a rent of $5150 monthly, with 3% annual plus the tax increase from 2019, total annual income received is approx. $62,834.55. Tenant also contributes to all utilities

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© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Cronin & Company Real Estate. Data last updated: 2022-12-06T19:16:27.917.
www.croninreale.com/homes/117434052
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101-02~06 Liberty Avenue Ozone Park, NY 11417

  • Price: $3,450,000
  • Status: Active
  • On Site: 564 Days
  • Updated: 66 min ago
  • MLS #: 3314647
0
Beds
0
Baths
0
½ Baths
0.26
Acres
Neighborhood:
Queens
County:
Queens
Area:
Queens
School District:
Queens 27
Property Description
Two tenants currently occupy the building, a laundromat and the United Adult Day Care inc. The purchase of the property will include the laundromat business, The laundromat has been running for 13 years, and has 150 European laundry machines made by the brand Huebsch?, that's over $300,000 worth of equipment. Before COVID-19 & restrictions, the business was making over $600K annual. But because of the owner not being present, the business gross was lowered. The Adult Day Care inc. - senior center - currently occupies 4033 SF of a recently remodeled office space which features private offices, two multi unit bathrooms, a handicap bathroom, yoga room, kitchen area, open area, and 5 exits. They are currently on a lease that ends in 2028, with a rent of $5150 monthly, with 3% annual plus the tax increase from 2019, total annual income received is approx. $62,834.55. Tenant also contributes to all utilities
Property Features

Business Name Laundromat Business Type LaundromatRetail Cross Street Rockaway Blvd Net Operating Income 263600.00 Property Sub Type Retail

Listing courtesy of Susan Kwak of Douglas Elliman Real Estate: 516-466-2100
© 2022 OneKey MLS. All rights reserved.


© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Cronin & Company Real Estate. Data last updated: 2022-12-06T19:16:27.917.
 
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