7106 Fresh Pond Rd, Ridgewood, NY 11385

Bijou Equities is exclusively offering 71-06 Fresh Pond Road - a fully renovated, 100%-occupied, free- market mixed-use building in the heart of Ridgewood, Queens. It delivers turnkey, in-place income with no deferred capital and no repositioning required. The three-story, 3,300 SF building holds 2 full-floor 4BR / 2BA apartments over a ground-floor retail store. The apartments are gut-renovated with in-unit washer/dryers and exposed brick; the retail tenant is leased through March 2036 with 3% annual increases. Fully leased, the asset generates $156,000 of gross income and $117,161 of net operating income - a 6.60% Cap Rate at a basis of just $538 per square foot. It sits one block from the Fresh Pond Road M train and just off Myrtle Avenue — Ridgewood's premier retail corridor — a clean, stabilized, low-management asset built for durable cash flow.