Courtesy of: MeiJuan (Mandy) Jiang, Ashford Homes LLC, mandyjiangmovesyou@gmail.com
Courtesy of: MeiJuan (Mandy) Jiang, Ashford Homes LLC, mandyjiangmovesyou@gmail.com
$2,250,000
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Lot: 0.04 Acres
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Mixed Use
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$2,250,000
355 New Lot Avenue Great Lucrative Investment Opportunity in Brooklyn, NY! This Mixed-Use property includes a well-established laundromat business on the first floor and a residential apartment building with four units on the 2nd & 3rd floors. The property offers a 13% CAP RATE with an absentee owner. The rental income from 2nd & 3rd floor is $7, 000 monthly. The laundromat has 29 washers, 32 dryers, and generates a Gross Revenue of $456, 000/year. The building size includes a basement, first floor (Laundromat), second floor, and third floor. With approximately 4142 Sqft, the property is located in the dynamic commercial hub of Brooklyn. Basement: 20.50 x 55 First Floor (Laundromat): 20.50 x 92.33 Second Floor: 20.50 x 55 Third Floor: 20.50 x 55
Courtesy of: MeiJuan (Mandy) Jiang, Ashford Homes LLC, mandyjiangmovesyou@gmail.com
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