6121 Fresh Pond Rd Middle Village, NY 11379
- Investment properties
- 2,200 SF
- 0.03 lot acres
Current Use by Public Records
- Investment properties
Property Details for 6121 Fresh Pond Rd
- Year built
- 1930
- Lot size
- 0.03 lot acres
- Property size
- 2,200 SF
- Zone code
- R4-1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 02763-0055
- APU
- 27630055
Description
This exceptional business opportunity presents a fully equipped gourmet deli located at 6121 Fresh Pond Rd in Middle Village, NY, 11379. The property boasts a prime location at the intersection of three vibrant neighborhoods: Middle Village, Maspeth, and Ridgewood. Surrounded by well-known national brands such as Wendy's, Dunkin' Donuts, Taco Bell, Subway, Wingstop, and Popeyes, this deli enjoys excellent visibility and consistent foot traffic. The 1,100 square foot retail space is complemented by an equally sized 1,100 square foot basement, providing ample storage. Currently operating under a secure 9-year lease with a remarkably low monthly rent of $3,400, this turn-key operation is offered at an attractive asking price of $249,000. This represents one of the lowest rental rates in the immediate area, making it a highly attractive investment. The property's strategic location and established customer base offer significant potential for growth and profitability within a dynamic commercial hub. This is a rare chance to acquire a thriving business in a high-demand location. Don't miss this opportunity to own a successful deli in a bustling commercial area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $820,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $945,000
- 6.5%
- $825,000
- 7%
- $790,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $920,000
- Geo Method
- $980,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $735,000
- Retail
- $940,000
- Mixed-Use
- $1,005,000
- Hospitality
- $850,000
- Educational
- $810,000
- Residential Income
- $960,000
- Energy
- $960,000
- Income-Based Land
- $1,010,000
- Food Service
- $775,000
Location Insight
- Map
- Local Demand
- City
- Flushing
- County
- Queens
- State
- New York
- Longitude
- -73.9007
- Latitude
- 40.714
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
