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703 Seneca Avenue Ridgewood, NY 11385
$2,999,000
  • Commercial
  • Year Built 1920
  • Retail
  • ML# 859772

Property Details

Overview

An exceptional opportunity to own a fully renovated commercial property in the heart of Ridgewood, Queens – one of NYC’s most vibrant and rapidly growing neighborhoods. This unique offering includes a profitable Laundromat business equipped with 29 modern washing machines and 30 dryers, making it an ideal turnkey investment for both owner-users and savvy investors. Situated right at the entrance of the Seneca Ave M Train Station, it ensures heavy foot traffic and excellent visibility.Surrounded by residential buildings, stores, and restaurants, this high-demand location provides also a steady customer base. Sale includes the fully operational Laundromat business with updated, high-efficiency machines. Recent upgrades include: new water and gas lines, upgraded 3-Phase 300 Amp electrical service and more. Additionally this property offers development potential featuring nearly 2, 000 buildable square feet offering potential for future expansion or redevelopment.Don’t miss a rare opportunity to secure this prime asset with immediate income.

Key Facts

  • Lot Size: 0.0382
  • Lot Sq Ft: 1665
  • Taxes: $4,576
  • Sale or Rent: Sale

Additional Features

  • Construction Materials: Brick

Interior & Utilities

  • A/C: Wall/Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $4,576
Listing Information provided courtesy of Trademarko Realty Inc  718-502-5141
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