For Sale
$205,000

44-31 Kissena BlvdQueens, NY 11355

Profitable Queens Laundry, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
116
This established laundry business at 44-31 Kissena Boulevard, Queens, NY 11355, is offered for sale at $205,000. The business boasts 17 washers and 18 dryers, along with a parking spot and basement storage. Located in a high-traffic area with abundant residential and commercial properties, convenient public transportation (bus and train access), and nearby stores, this laundry enjoys an excellent location. The current monthly rent is $6,800, inclusive of real estate taxes. Operating expenses average approximately $14,735 per month, encompassing payroll (one full-time and one part-time employee), water (every three months), gas, electricity, garbage disposal, and phone service. The business generates a net monthly income ranging from $5,000 to $6,000. The property is commercially zoned. This presents a strong investment opportunity with significant potential for increased profitability. The business is categorized as "Business Only" and is situated in Queens County, New York.

Highlights

  • Established laundry business for sale at $205,000.
  • Features 17 washers and 18 dryers, plus parking and basement storage.
  • Prime location in high-traffic Queens area with excellent public transportation and nearby amenities.
  • Monthly rent is $6,800, including taxes; operating expenses average $14,735 monthly.
  • Generates a net monthly income of $5,000-$6,000.
  • Commercially zoned property in Queens County, NY, offering strong investment potential.

Property Details for 44-31 Kissena Blvd

Property type

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.75319210007
Longitude
-73.822040186076
44-31 Kissena Blvd, Queens, New York

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44-31 Kissena Blvd
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