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LIST#1010 *HUGE LAUNDROMAT*
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Queen , NY 11429
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SOLD! Price: $1,800,000 Year built: 2004 |
Asking $1,8 million, Lease from July/2004 for 20 years, current year 2010 rent $9,934.00 monthly, 2.5% increase each year. Machines Washer-Speed Queen 20lbs 30 units($2.25) 30Lbs 12units($3.75) 40lbs 12 units($4.30) 60lbs 6 units($5.50) Total 60 Washers Dryer-Continental 30lbs 60Units($0.30/8min) 55lbs 4 units(0.36/6min) Total 64 Dryers
Washer& Fold: $0.75/lb ($8.00/6lb min) Boiler: NATCO 500,000 btu X2 units Weekly Sales : Coins $12,600.00 dropoff $3,000.00 detergent $1,035.00 Total$16,635.00
Rental Income: $6,375.00/monthly Monthly expense: Rent & Tax $11,275 Electricity $3,920 Gas $4,550 Water & sewer $7,320 detergent $3,300 Total $30,365.00 plus labor
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John Chung, Realtor®
GCA Property, LLC