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71-27 Fresh Pond Rd 5,430 SF 85% Leased Retail Building Ridgewood, NY 11385 $2,300,000 ($423.57/SF) 4.35% Cap Rate
Investment Highlights
- Heavy Traffic
- Off Myrtle Ave
- High exposure
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,430 SF
Building Class
C
Year Built
1931
Price
$2,300,000
Price Per SF
$423.57
Cap Rate
4.35%
NOI
$100,000
Percent Leased
85%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.08
Lot Size
0.06 AC
Zoning
R6B - Commercial use Office or Retail Second Floor
Frontage
35’ on Fresh Pond Rd
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Driveorama- Driving School
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Driveorama- Driving School | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The office or retail space ready to lease for any legal use. Great EXPOSURE on Fresh Pond Rd off Myrtle Ave.
| Space | Size | Space Use | Position | Available |
| 2nd Floor | 800 SF | Office | - | Now |
2nd Floor
| Size |
| 800 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Floor
| Size | 800 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
The office or retail space ready to lease for any legal use. Great EXPOSURE on Fresh Pond Rd off Myrtle Ave.
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (91)
Bike Score®
Very Bikeable (73)
Nearby Major Retailers
Property Taxes
| Parcel Number | 03637-0050 | Improvements Assessment | $192,409 (2025) |
| Land Assessment | $248,144 (2025) | Total Assessment | $440,553 (2025) |
Property Taxes
Parcel Number
03637-0050
Land Assessment
$248,144 (2025)
Improvements Assessment
$192,409 (2025)
Total Assessment
$440,553 (2025)
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
71-27 Fresh Pond Rd
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