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65 17 68th Avenue

Paul Pong & Ellen Pong Acquire Industrial Asset In Ridgewood For $3.7M Represented By Theo Eastwind
SOLDIndustrial

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

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.

Players

Theo Eastwind

Capri Jet Realty

Broker

$42.1M

vol

13 deals

Broker

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