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6340 Fresh Pond Rd 6 Unit Apartment Building $1,878,660 CAD ($313,110 CAD/Unit) 5.42% Cap Rate Ridgewood, NY 11385



INVESTMENT HIGHLIGHTS
- Steps from Subway
- Steel Beam Foundation
- Centrally Located
EXECUTIVE SUMMARY
6 Family Multi Family Building in the Heart of Ridgewood. The landlord has reserved 1 Vacancy for the ease of showcasing the space. The purchaser can utilize this vacancy to live in and off-set their mortgage with 5 other rentals or for an investor, fully rent and generate the income.
**Prospective Purchaser must be aware of Rent Stabilization Laws**
122k Gross Income, For an Offering Memorandum/Income and Expenses please reach out to:
Yianni Bachas | ybachas@amorellirealty.com | 516-404-7056
**Prospective Purchaser must be aware of Rent Stabilization Laws**
122k Gross Income, For an Offering Memorandum/Income and Expenses please reach out to:
Yianni Bachas | ybachas@amorellirealty.com | 516-404-7056
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,878,660 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $313,110 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 5.42% | Building Size | 5,833 SF |
| No. Units | 6 | Average Occupancy | 83% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1930 |
| Zoning | R-6B, C1-4 | ||
| Price | $1,878,660 CAD |
| Price Per Unit | $313,110 CAD |
| Sale Type | Investment |
| Cap Rate | 5.42% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,833 SF |
| Average Occupancy | 83% |
| No. Stories | 3 |
| Year Built | 1930 |
| Zoning | R-6B, C1-4 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 6 | - | - |
1 1
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (82)
PROPERTY TAXES
| Parcel Number | 03524-0054 | Total Assessment | $271,009 CAD |
| Land Assessment | $4,218 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $266,790 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
03524-0054
Land Assessment
$4,218 CAD
Improvements Assessment
$266,790 CAD
Total Assessment
$271,009 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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6340 Fresh Pond Rd
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