Updated Feb 11, 2026
Paul Pong & Ellen Pong Acquire Industrial Asset In Ridgewood For $3.7M Represented By Theo Eastwind
65 17 68th Avenue
$3,700,000
$402/SF
Building Size
9,200 SF
Asset Type
Industrial
Closing
Jan 28, 2026
About this deal
AI
The industrial asset located at 65-17 68th Avenue in Ridgewood has been sold for $3,700,000. The total square footage of the property is 9,200, resulting in a price per square foot of $402.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $3,700,000
- Buyer: Paul Pong & Ellen Pong
- Seller: Claire Donaghy
- Broker: Theo Eastwind - Capri Jet Realty
This transaction involved the broker Theo Eastwind representing the seller Claire Donaghy. If you are looking to Rent, Sell or Buy, Theo is available to assist with your needs.
On the Map
$3,700,000
$402/SF
Industrial
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Players
Ridgewood Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93