Listing ID: 37756

Business Overview

Seize the opportunity to own two prime real estate properties held by the same ownership for 20 years.

With a combined total of 5,900 sq ft spread over a 52.5 x 100 ft lot, these assets offer a fantastic mix of commercial and residential units.

The first property houses a 2,000 sq ft restaurant, while the other property features a 2,600 sq ft owner-operated laundromat.

The property also includes 1,300 sq ft of residential space, with each unit approximately 550 sq ft, providing a steady stream of rental income.

Both the restaurant and the apartments are on month-to-month leases, offering flexible options for new ownership.

The properties fall under Tax Class 4, with an annual total tax of $40,098.

These properties present a rare chance to invest in a bustling area of Queens, New York, with high foot traffic and excellent income potential.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $3,000,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:5,900
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

With a combined total of 5,900 sq ft spread over a 52.5 x 100 ft lot, these assets offer a fantastic mix of commercial and residential units.

Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Competition:

The properties fall under Tax Class 4, with an annual total tax of $40,098.

Opportunities and Growth:

These properties present a rare chance to invest in a bustling area of Queens, New York, with high foot traffic and excellent income potential.