680 Castle Hill Ave, Bronx, NY 10462
$3.65/SF/month
Active for Rent
Listing ID
11276489
Property Type
Commercial Lease
County
Bronx
Township
NYC
Profitable Operating Laundromat for Sale
Make money from Day !. Self service and delivery business. Branded delivery App for IPhone and Android. All new equipment ( 23 washers and 24 dryers). Digital and door to door marketing initiatives has increased business 5% on a monthly basis. Constant upward trajectory. Across the street from NYCHA buildings. High population density.
1 Half Bath
900 SF
Built in 1930
Renovated 2022
1 Story
Available 5/31/2024
Full Basement
Lower Level: Unfinished
Renovation: New machines, shelves and counters. New Floors. Additional access added. New ceramic tiles and HVAC system
Ceramic Tile Flooring
Alarm System
Fire Sprinklers
Forced Air
1 Heat/AC Zones
Natural Gas Fuel
Natural Gas Avail
110 Amps
Masonry - Brick Construction
Brick Siding
Flat Roof
Municipal Water
Municipal Sewer
Corner
Street View
Handicap Features
Near Bus
Near Train
Lease Length: 10 years
NNN Lease Term
Lease Sq Ft: 900
Price Year 1: 39552
Price Year 2: 40740
Price Year 3: 41962
Annual Increase: 3%
Monthly Lease Price: 3300
Monthly Price Sq Ft: 3.65
Annual Price Sq Ft: 44.00
CHL (Business Name)
Uses: laundromat
Gross Income $174,000
Net Income $30,000
Operating Exp $144,000
Total Exp $144,000
Paid by Landlord: Parking, Struct. Maint., Ground Maint.
NARDIN ELITE ASSOCIATES INC
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