Averaged across mapped laundromat parcels in New York. Sources: WashBizHub location index, CLEANBI enrichment layer (U.S. Census ACS, Walk Score, parcel-level POI counts).
Neighborhood Demographics
Competitor Density vs NY Avg
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Renter density and population density are the two strongest CLEANBI signals for laundromat revenue. Both are pulled from the most recent U.S. Census ACS release.
Deal Velocity & Pricing (Live Listings)
Active For-Sale Listings
6
Avg Asking
$3,213,000
Asking Range
$590,000 – $5,830,000
Avg CLEANBI Score
91.0
Median $/sqft
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Score distribution across the 1 CLEANBI-scored listing in New York:
85+ — 1 listing (institutional-grade)
70-84 — 0 listings (strong buy candidates)
50-69 — 0 listings (negotiate hard)
<50 — 0 listings (likely money-pit risk)
Don't fall into a money pit. Run any listing through CLEANBI + the Deal Simulator before you make an offer.
New York Laundromat Market Overview
New York, NY has approximately 2,800 laundromats serving a population of 8,336,817 residents. With a 67% renter population and median household income of $67,046, New York presents strong demand for laundromat services. NYC is the nation's largest laundromat market with extremely high demand driven by dense renter populations. Premium locations in Brooklyn and Queens command 4-5x SDE multiples.
Best Neighborhoods for a Laundromat in New York
Brooklyn — Score this address with CLEANBI to see demographics and competition
Queens — Score this address with CLEANBI to see demographics and competition
Bronx — Score this address with CLEANBI to see demographics and competition
Harlem — Score this address with CLEANBI to see demographics and competition
Washington Heights — Score this address with CLEANBI to see demographics and competition
How to Evaluate a New York Laundromat Before Buying
Step 1: Score the location — Run the address through CLEANBI Explorer for a 17-factor analysis including demographics, competition, traffic, and revenue projections. Step 2: Analyze the financials — Use the ROI Calculator to model cap rate, cash-on-cash return, and payback period. Step 3: Inspect equipment — Use Equipment Vault to appraise every machine by serial number. Step 4: Check funding — Get matched to SBA, equipment financing, or working capital through our funding partners.
FAQs: Buying a Laundromat in New York
How much does a laundromat cost in New York?
Laundromats for sale in New York, NY typically list for $350,000-$750,000. Prices vary based on equipment age, location, lease terms, and revenue. Average annual revenue for mid-size stores is $250,000-$500,000.
Is New York a good market for buying a laundromat?
New York has a 67% renter population and approximately 2,800 laundromats serving 8,336,817 residents. NYC is the nation's largest laundromat market with extremely high demand driven by dense renter populations. Premium locations in Brooklyn and Queens command 4-5x SDE multiples.
What should I look for when buying a laundromat in New York?
Key factors for New York: lease terms (minimum 10 years remaining), equipment age (under 10 years ideal), utility costs (20-28% of revenue target), neighborhood renter density, parking availability, and competitive proximity. Run every location through CLEANBI’s 17-factor analysis before committing capital.
How many laundromats are for sale in New York, NY right now?
There are currently 6 active for-sale listings in New York on the WashBizHub marketplace, with an average asking price of $3,213,000. Set a Deal Alert to be notified when new listings hit your buy box.
What's the average CLEANBI score for New York laundromats on the market?
The average CLEANBI location score across active New York listings is 91.0. Anything 70+ is a strong candidate; 85+ is institutional-grade. Score any specific address with CLEANBI Explorer before making an offer.
What does a laundromat cost per square foot in New York?
We don't have enough square-footage data on New York listings to publish a median yet. Use the Valuation Calculator to model any specific deal once you have the listing details.
Is New York a competitive market for laundromat buyers?
Run any specific New York address through CLEANBI Explorer to see competition, demographics, and a 17-factor location score in under 60 seconds.
By Nick Kremers — Founder, WashBizHub. Third-generation laundromat operator. Reviewed by the WashBizHub editorial team.