
Courtesy of: Avnish Kumar, Vision Homes Real Estate LLC, raj_nyrealtor@yahoo.com
$4,299,000
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Lot: 0.09 Acres
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Retail
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$4,299,000
9601 Northern Boulevard Rare opportunity to acquire a high-performing income-producing asset with exceptional redevelopment potential on Northern Boulevard in the heart of Corona, Queens. The property includes a well-established laundromat generating approximately $600, 000 in annual gross revenue and is currently operated under absentee ownership, offering immediate cash flow with significant upside for an owner-operator or experienced investor. The business presents substantial value-add opportunities through operational improvements, equipment upgrades, expanded wash-and-fold or pickup/delivery services, and extended operating hours, providing the potential to further increase revenue and profitability. In addition to the existing income stream, the property offers approximately 12, 000+/- square feet of additional buildable area (subject to purchaser's independent verification of zoning and development potential), making it an attractive opportunity for developers, builders, and long-term investors seeking future expansion or redevelopment.
Courtesy of: Avnish Kumar, Vision Homes Real Estate LLC, raj_nyrealtor@yahoo.com
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