6307 Fresh Pond Rd - Auto Repair FOR SALE


Ridgewood, NY 11385
$3,600,000 USD
516-279-8828
6307 Fresh Pond Rd, Ridgewood, NY for Sale
$3,600,000 USD
Auto Repair - FOR SALE
1/27
null | Request Cap Rate

6307 Fresh Pond Rd
Ridgewood, NY 11385


HIGHLIGHTS

  • 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, +++!!!
  • 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, +++!!!
  • This Property Offers HUGE Upside Potential!!!

OVERVIEW

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!!! 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.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$391 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Service Station, Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

M1-1

APN/PARCEL ID

03608-0011

ASK ABOUT THIS PROPERTY

Matthew ShaneAll Island CommercialMore Info
516-279-8828

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Matthew ShaneAll Island CommercialMore Info
516-279-8828

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.