Tuesday, July 18, 2023

The Avenue C Laundromat has a new owner

The Avenue C Laundromat has been on life support at 69 Avenue C at Fifth Street since February. 

The owner of the two-story building was said to be selling the property. However, the laundromat remained open until last week when the sale was made official. 

According to TradedNY, Hildreth Real Estate Advisors bought the property from Gwangil Kim for $3.4 million.

Per TradedNY: "Hildreth Real Estate Advisors is actively seeking mixed-use, free-market buildings in New York City, especially if the commercial tenant is a laundromat." 

No word on what the plans are here... though do you think another laundromat is really in the future here? 

Speaking of laundry, Avenue C Laundromat has been back open for business, per a regular.

3 comments:

Anonymous said...

Lower C has been in dire need of a laundromat for a while now

Anonymous said...

Yes. Of my own remorse, I applaud when something makes sense. Good luck!!!

Anonymous said...

Its so expensive now! $15 for a big load. It’s doubled in price