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67-09 Fresh Pond Road, Ridg...

Updated Dec 14, 2024

Capital One Sells Mixed-Use Property In Ridgewood For $4.65M
SOLDMixed-use

Capital One Sells Mixed-Use Property In Ridgewood For $4.65M

67-09 Fresh Pond Road, Ridgewood, NY 11385

$4,650,000

$394/SF

Building Size

11,780 SF

Asset Type

Mixed-use

Closing

Aug 11, 2022

About this deal

AI

Located in Ridgewood, the mixed-use property at 6709 Fresh Pond has recently been sold in a closed transaction. The property, with a total area of 11,780 square feet, was sold for a price of $4,650,000, resulting in a price per square foot of $394. The sale was finalized on 08/12/2022.

Summary of Transaction Details

  • Property Type: Mixed-use
  • Transaction Amount: $4,650,000
  • Address: 67-09 Fresh Pond
  • Market: Ridgewood
  • Seller: Capital One - Jennifer L Golek

In this sale, Jennifer L Golek represented Capital One as their broker representative. This transaction highlights the successful completion of a mixed-use property sale in the Ridgewood market, showcasing the expertise of the involved parties in closing the deal.

Players

Capital One
Capital OneSeller
Capital One
Capital OneLender

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $394 per square foot on a published $4.7M for 11,780 square feet (2022).

Browse New York mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.41%

Cash-on-Cash

-0.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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