For Sale
$280,000

4124 Avenue D Brooklyn, NY 11203

High-Income Laundromat, Excellent ROI

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional retail property at 4124 Avenue D in Brooklyn, NY, presents a lucrative investment opportunity. The 900-square-foot building sits on a 1,950-square-foot lot and is currently operating as a highly profitable laundromat. Financial records indicate a gross annual revenue of $300,000, translating to a monthly revenue of $25,000. Annual rent is $37,200, or $3,100 per month, resulting in a substantial net annual income of $180,000, or $15,000 monthly. The property's strategic corner location in the vibrant 11203 zip code offers excellent visibility and accessibility. The building consists of a single unit with a ceiling height specified as "Other," requiring further inquiry for precise dimensions. This turnkey operation provides a strong foundation for immediate income generation and significant potential for future growth. The asking price for this exceptional investment is $280,000. Serious inquiries are encouraged to explore this rare opportunity to acquire a thriving business with proven profitability in a prime Brooklyn location. Further details regarding the ceiling height and other specifics are available upon request.

Property Details for 4124 Avenue D

Property type
Retail properties
Square Feet
900 SF
Units
1

Location Insight

City
Brooklyn
County
Kings (Brooklyn)
State
New York
Latitude
40.64141
Longitude
-73.937169

FAQs

What type of property is this?
Retail property - High-Income Laundromat, Excellent ROI
Where is the retail property located?
The property is located at 4124 Avenue D Brooklyn, NY.
What is the asking price?
The asking price for this property is $280,000.
How can I contact the broker?
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4124 Avenue D
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