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Property profile & analytics
FOR SALE
Investment properties

6121 Fresh Pond Rd Middle Village, NY 11379

2,200 SF 0.03 ac lot Built 1930
Entity Owned 4-yr Hold Free & Clear
Property ID
US63-2973719
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1930
Total area 2,200 SF
Lot 0.03 ac (1,320 SF)
Zoning code R4-1
APN 02763-0055
UPID US63-2973719
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$840k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$870k
Owner & transaction history
Double Extra Big Ivos LLC · 4 yrs held
Double Extra Big Ivos LLC
since 2022
Last sale
$915,000
1 recorded transaction
2022
$915,000
Zoning & alternative use
R4-1 · Flushing, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $1.1M +60.3%
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More about this property
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