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265 Sherman Avenue New York (Manhattan), NY 10034
$480,000
  • Commercial
  • 1500 SqFt
  • Misc
  • ML# 3549228

Property Details

Overview

Profitable Laundromat business for sale (owner absentee). Gross Income: $30000/month with total expense $21000/month. 2 Employees with total Salary $6500/month. 28 Washers & 26 Dryers. Lease ending 2031 and annual rent increase 2.5%. Rent $7200/month. Property Tax: $4000/year. Water: $3200/month. Gas and electricity is $2500/month. Detergent: $600/month. Garbage is $135/month. Machine Maintenance is $100/month. Internet Service is $120/month. Insurance: $250/month.

Key Facts

  • SqFt: 1500.00
  • Zoning: R7A, C2-4
Listing Information provided courtesy of United Real Estate Fortune  516-990-8888
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