Roros Family Sells Mixed-Use Property In Ridgewood, Queens For $1.75M
SOLD
$1,750,000
New York
See Similar DealsMixed-use3,600 SF
Sold 12/29/2020
SOLD
Roros Family Sells Mixed-Use Property In Ridgewood, Queens For $1.75M
67-10 Fresh Pond Road, Ridgewood, NY, USA
See Similar DealsMixed-use3,600 SF
Sold 12/29/2020
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$486
Total Square Footage:3,600 SF
Transaction Type:Sale
The mixed-use property located at 67-10 Fresh Pond Road in Ridgewood, Queens has been sold for a price of $1,750,000. The property, with a total square footage of 3,600, is zoned as R6B, C1-4. The transaction took place on December 29, 2020.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,750,000
- Address: 67-10 Fresh Pond Road, Ridgewood, Queens
- Market: Ridgewood, Queens
- Zoning: R6B, C1-4
The seller of the property was The Roros Family. The transaction was facilitated by Cayce Ortale of RAS Equity Partners. Cayce Ortale served as the broker in this deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$93,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,217.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,295.89
Annual Debt Service$99,550.71
Is there something missing? Send suggestions