Marcus & Millichap - Tri Borough Multi-Family

6851 Fresh Pond Road Ridgewood NY

6851 Fresh Pond Road
, Queens
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Price: $1,860,000
Building Size: 5,100 Square Feet
Property Type: Mixed-use
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew(dotted)Fotis(at)marcusmillichap(dotted)com
Tyler Schadt
Tel: 212-430-5207
Tyler(dotted)Schadt(at)marcusmillichap(dotted)com
INVESTMENT OVERVIEW:

Marcus & Millichap is pleased to offer 6851 Fresh Pond Road, located on the corner of Fresh Pond Road and Catalpa Avenue in the Ridgewood section of Queens. The subject property is a three story mixed use building that consists of four apartments and four retail units. The property is built 20 ft x 85 ft and sits on a 20 ft x 88.58 ft lot with approximately 5,100 gross square feet. The property is zoned C1-4/R6B (Block: 3628, Lot: 4) This property offers investors the opportunity to capitalize on the strong mixed use market occurring in the Ridgewood section of Queens, New York. There is no leases in place so there is the ability to see immediate upside.

Investment Highlights:

  • Short Distance To The Fresh Pond Road “M” Sub Line
  • Walking Distance To Fresh Pond And Myrtle Avenue Retail
  • Free Market Building
  • Two Bedroom Box Apartments
  • Rare Mixed-Use Asset
  • Under Market Rents Throughout The Building