$210,000
Albany, NY 12206
MLS# 202518062
Status: Closed
2440 sqft
1 / 14
Property Description
Turnkey cash-flowing laundromat with loyal, long-term customers and a strong income history. This proven cash cow is ready for optimization—update machines, streamline operations, and unlock serious upside. Bonus: upstairs 1-bedroom apartment currently rented at $650/month, well below market. Renovate for added value or use as owner's unit. Ideal for the savvy investor seeking steady income with room to grow. Great location, solid bones, and high potential make this a smart long-term play. Water approximately $600/yr, utilities $900/month, income running $1200-$2000/week + apt at only $650/month
Details
Maps
Documents
Contract Information
Original List Price: 259900
List Price/SqFt: 106.52
Sold Price/SqFt: 86.07
List Price/Acres: 6497500
Sold Price/Acres: 5250000
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $210,000
Listing Contract Date: 2025-05-23
Current Price: $210,000
Location
City/Town (Mail): Albany
Street Number: 207
Street Direction Prefix: N
Street Name: Allen
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12206
Geo Lat: 42.673223
Geo Lon: -73.784561
Property Detail
Number Of Buildings: 1
Business Name: City Laundromat, Inc.
Lot Size Square Feet: 1620
Zoning: Commercial
Lot Size Dimensions: 20.00x81.50
Lot Size Acres: 0.04
Building Area Total: 2440
Building Available SQFT: 1915
Waterfront Y/N: No
Year Built: 1915
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 010100 64.36-3-1
Tax Annual Amount: 6312.05
Tax Section: 64.36
Total Taxes Description: Estimated
Tax Block: 3
Tax Lot: 1.000
School District: Albany
High School: Albany
Directions & Remarks
Directions: Corner of North Allen and Bradford Street
Public Remarks: Turnkey cash-flowing laundromat with loyal, long-term customers and a strong income history. This proven cash cow is ready for optimization—update machines, streamline operations, and unlock serious upside. Bonus: upstairs 1-bedroom apartment currently rented at $650/month, well below market. Renovate for added value or use as owner's unit. Ideal for the savvy investor seeking steady income with room to grow. Great location, solid bones, and high potential make this a smart long-term play. Water approximately $600/yr, utilities $900/month, income running $1200-$2000/week + apt at only $650/month
Sewer
Public Sewer: 1
Current Use
Laundromat: 1
Architectural Style
Commercial: 1
Mixed Use: 1
Cooling
None: 1
Basement
Full: 1
Construction Materials
Aluminum Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Photographer
Possession
At Closing: 1
Business Type
Laundromat: 1
Showing Requirements
Showing Service: 1
Sign on Property: 1
Roof
Flat: 1
Water Source
Public: 1
Heating
Forced Air: 1
Natural Gas: 1
Parking Features
Parking Total: 0
Public Parking: 1
Possible Use
Apartment Plus: 1
Investment: 1
Laundromat: 1
Status Change Info
Status Change Date: 2025-10-08
Under Contract Date: 2025-08-07
Sold Date: 2025-09-30
Sold Price: $210,000
Property Features
Architectural Style: Commercial; Mixed Use
Basement: Full
Construction Materials: Aluminum Siding
Cooling: None
Current Use: Laundromat
Business Type: Laundromat
Heating: Forced Air; Natural Gas
Parking Features: Public Parking
Possession: At Closing
Possible Use: Apartment Plus; Investment; Laundromat
Roof: Flat
Sewer: Public Sewer
Showing Requirements: Showing Service; Sign on Property
Water Source: Public
Tax Bills 
Listing Courtesy of Clancy Real Estate
Listing Agent: Kevin Clancy
518-461-9937 | kclancy514@gmail.com
518-461-9937 | kclancy514@gmail.com
