Established Laundromat Business for Sale in the Heart of College Point! Located at 8-17 College Point Boulevard, this is a rare opportunity to acquire a well-positioned laundromat in a high-demand neighborhood with strong visibility and consistent customer traffic. Offering excellent passive income potential, this turnkey business benefits from a loyal customer base, steady cash flow, and a convenient location surrounded by residential homes, apartment buildings, local businesses, and community amenities. The laundromat is fully operational and equipped to continue generating income from day one. Its prime location provides easy access and ample foot traffic, making it an attractive investment for both owner-operators and investors seeking a stable, recession-resistant business. With laundry services remaining an essential need year-round, this business presents an outstanding opportunity to build wealth through a proven income-producing operation.
8-17 College Point Boulevard, College Point, NY, 11356
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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