703 Seneca Ave - Storefront Retail/Office FOR SALE


Ridgewood, NY 11385
$2,999,000 USD
718-710-8170
703 Seneca Ave, Ridgewood, NY for Sale
$2,999,000 USD
Storefront Retail/Office - FOR SALE
1/13
null | Request Cap Rate

703 Seneca Ave
Ridgewood, NY 11385


OVERVIEW

Building and Laundromat Business for Sale! 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. Current building dimension is 18'x95'. 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.

FOR SALE DETAILS

PRICE

$2,999,000 USD

PRICE/SF

$2,631 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,655 SF

ZONING

R6B

APN/PARCEL ID

03458-0010

ASK ABOUT THIS PROPERTY

Marek SobolewskiTrademarko RealtyMore Info
718-710-8170

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Marek SobolewskiTrademarko RealtyMore Info
718-710-8170

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.