Listing ID: 69690

Business Overview

7% CAP RATE + MASSIVE AIR RIGHTS UPSIDE 4×CASH FLOW VERY BUSY DOWNTOWN
MANHATTAN ABSENTEE-RUN LAUNDROMAT.

This is a rare opportunity to acquire a high-volume, absentee-operated laundromat combined with a cash-flowing mixed-use building in Downtown Manhattan featuring significant unused air rights for vertical expansion. The asset produces strong in-place income while offering long-term development upside in one of the most supply-constrained real estate markets in the world.

Laundromat (4× Cash Flow) $1,280,000
Building (7% Cap Rate) $4,550,000
Total Combined Offering $5,830,000

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

Seller Financing Available

  • Asking Price: $5,830,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.