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Property Description
Calling All Investors, Developers & End-Users!!! 9,200 Sqft. Warehouse / Auto Repair Shop With M1-1 Zoning For Sale In Ridgewood!!! The Property Features Great Exposure, Excellent Signage, M1-1 Zoning, 18 Parking Spaces, Private Driveway, Strategically Placed Curb Cut, Waiting Room, High 30’ Ceilings, (4) 22’ Roll-Up Doors, 4 Skylights, Private Office, 3 Phase Power, All New LED Lighting, Accessible Bathroom, Sprinklers, A/C, +++!!! The Property Had A Brand New Roof Installed In 2023!!! The Property Is Located In The Heart Of Ridgewood On Busy Fresh Pond Road Just 1 Block From Metropolitan Avenue!!! The Property Is Situated Midway Between I-495, I-278 & The Jackie Robinson Parkway!!! Neighbors Include Amazon, Costco, Stop & Shop, Extra Space Storage, Safeguard Self Storage, CVS, 7-Eleven, Dunkin’, Petco, Pep Boys, Raymour & Flanigan, Taco Bell, Wendy’s, McDonald’s, Carvel, Lidl, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Value Range Marketing Price $2,850,000.-$3,250,000.
Income:
Truck & Auto Repair Shop (8,800 Sqft.): 184,644 Ann.; 3% Ann. Inc.; Lease Exp.: 8/21/32.
2nd Floor Office (400 Sqft.): $24,000 Ann. (Available)
Pro Forma Gross Income: $208,644 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Snow & Landscape: $0 Ann.
Water & Sewer: $0 Ann.
Insurance: $2,300 Ann.
Taxes: $26,558.48 Ann.
Total Expenses: $29,108.48 Ann. Pro Forma Net Operating Income (NOI): $179,535.52 Ann.
Features
- Heating System:
- Natural Gas
- Cooling System:
- Multi Units
- Basement:
- See Remarks
- Electric:
- Three Phase
- Sewer:
- Public Sewer
- Utilities:
- Sewer Available
Address Map
- City:
- NY
- State:
- NY
- County:
- Queens
Property and Construction
- Development Status:
- Block, Other
- Agent MlsId:
- 176463
- Office MlsId:
- CBE01
- Number Of Units:
- 2
- Special Listing Conditions:
- No
- Stories Total:
- 1
- Tax Annual Amount:
- $26,558
- Water Source:
- Public
- Zoning:
- M1-1
- PhotosCount:
- 25
Commercial Sale For Sale
63-07 Fresh Pond Road, New York, NY
7,100 Acre
$3,250,000
Listing ID #840182
Basic Details
- Property Type :
- Commercial Sale
- Property SubType :
- Industrial
- Listing ID :
- 840182
- Price :
- $3,250,000
- Bathrooms Total :
- 0
- Building Area :
- 9,200 Sqft
- Lot Area :
- 7,100 Acre
- Year Built :
- 1947
- Status :
- Active
- Status :
- Active
- Listing Office :
- All Island Estates Realty Corp
- Listing Agent :
- Richard Matt Shane
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
