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6307 Fresh Pond Rd 9,200 SF 100% Leased Retail Building Ridgewood, NY 11385 $4,100,470 CAD ($445.70 CAD/SF) 6.09% Cap Rate
INVESTMENT HIGHLIGHTS
- Calling All Investors, Developers & End-Users!!! 9,200 Sqft. Warehouse / Auto Repair Shop With M1-1 Zoning For Sale In Ridgewood!!!
- The Property Is Located In The Heart Of Ridgewood On Busy Fresh Pond Road Just 1 Block From Metropolitan Avenue!!
- Neighbors Include Amazon, Costco, Stop & Shop, Extra Space Storage, Safeguard Self Storage, CVS, 7-Eleven, Dunkin’, Petco, Pep Boys, +++!!!
- The Property Features Great Exposure, Excellent Signage, M1-1 Zoning, 18 Parking Spaces, Private Driveway, Strategically Placed Curb Cut, +++!!!
- The Property Is Situated Midway Between I-495, I-278 & The Jackie Robinson Parkway!!!
- This Property Offers HUGE Upside Potential!!!
EXECUTIVE SUMMARY
*The Asking Price Is $2,850,000-$3,250,000. Per The Seller Anything Below This Range Will Not Be Considered!!!*
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.
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.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$290,013
|
$31.52
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$290,013
|
$31.52
|
| Taxes |
$36,915
|
$4.01
|
| Operating Expenses |
$3,544
|
$0.39
|
| Total Expenses |
$40,460
|
$4.40
|
| Net Operating Income |
$249,553
|
$27.13
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $290,013 |
| Annual Per SF | $31.52 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $290,013 |
| Annual Per SF | $31.52 |
| Taxes (CAD) | |
|---|---|
| Annual | $36,915 |
| Annual Per SF | $4.01 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $3,544 |
| Annual Per SF | $0.39 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $40,460 |
| Annual Per SF | $4.40 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $249,553 |
| Annual Per SF | $27.13 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
9,200 SF
Building Class
C
Year Built/Renovated
1947/2023
Price
$4,100,470 CAD
Price Per SF
$445.70 CAD
Cap Rate
6.09%
NOI
$249,553 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.57
Lot Size
0.37 AC
Zoning
M1-1
Parking
18 Spaces (1.96 Spaces per 1,000 SF Leased)
Frontage
60’ on Fresh Pond Rd
AMENITIES
- 24 Hour Access
- Fenced Lot
- Mezzanine
- Security System
- Signage
- Skylights
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- 63-07 Fresh Pond Road Realty Corp
- -
- -
- -
- -
- Ridge Pond Auto Repair Inc
- Services
- -
- -
- -
- Ridgewood Auto Spring
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| 63-07 Fresh Pond Road Realty Corp | - | - | - | - | ||
| Ridge Pond Auto Repair Inc | Services | - | - | - | ||
| Ridgewood Auto Spring | Services | - | - | - |
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03608-0011 | Total Assessment | $367,600 CAD |
| Land Assessment | $129,916 CAD | Annual Taxes | $36,915 CAD ($4.01 CAD/SF) |
| Improvements Assessment | $237,684 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
03608-0011
Land Assessment
$129,916 CAD
Improvements Assessment
$237,684 CAD
Total Assessment
$367,600 CAD
Annual Taxes
$36,915 CAD ($4.01 CAD/SF)
Tax Year
2025
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6307 Fresh Pond Rd
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