Paul Pong & Ellen Pong Acquire Industrial Asset In Ridgewood For $3.7M Represented By Theo Eastwind
SOLD
$3,700,000
New York
See Similar DealsIndustrial9,200 SF
Sold 01/29/2026
SOLD
Paul Pong & Ellen Pong Acquire Industrial Asset In Ridgewood For $3.7M Represented By Theo Eastwind
65 17 68th Avenue
See Similar DealsIndustrial9,200 SF
Sold 01/29/2026
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$402
Total Square Footage:9,200 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$197,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,145.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,539.89
Annual Debt Service$210,478.65
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