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
Location
Courtesy of: Douglas Elliman Real Estate © 2022 - All Rights Reserved. The IDX information on this site is provided exclusively for consumers' personal, non-commercial use. IDX information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data provided on this site is not guaranteed accurate by the MLS. Updated: 29th January, 2023 11:41 AM (UTC)
