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Key Details
Sold Price $1,570,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $436
MLS Listing ID KEYL3368946
Sold Date 11/21/22
Originating Board onekey2
Rental Info No
Year Built 1931
Lot Dimensions 20x91.58
Property Description
This three story BRICK Mixed Use Investment Property is located in a PRIME location on Fresh Pond Road with high foot traffic just 1/2 Block from Fresh Pond Train Station. As a mixed use property, with 2 residential units and one commercial space, it provides a diversified income base in a sought after area of Ridgewood. The 3rd Floor 6 Rm apartment will be delivered vacant at closing. The 2nd unit (6 Rms) pays $1400/month to month. The Commercial Tenant is in the 2nd year of a 10year lease agreement Pays $4326 with 3% Annual Increase & 5 Yr Option (Lease Ends 6/30/2030). If you are looking for an ideal opportunity to add to your investment portfolio, then this property located on FRESH POND Road is one that is not to be missed. Call for more details and to set up a showing., Building Size:20x60
Location
State NY
County Queens
Interior
Heating Hot Water, Natural Gas
Fireplace No
Exterior
Private Pool No
Building
Story 3
Sewer Public Sewer
Others
Special Listing Condition None
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Bought with B Square Realty Inc
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