Fresh Pond Road & Woodbine Street

JLL has been exclusively hired to arrange for the sale of 66-42

to 66-54 Fresh Pond Road and 60-80 Woodbine Street, a prime

corner retail opportunity in the heart of Ridgewood, Queens.

The 13,298 SF corner lot features 200 feet of linear frontage

along the bustling corridor. Located just two blocks from Fresh

Pond Station, the M train services over 1,400,000 riders annually,

generating significant traffic to the area.

The property represents an ideal user or investment opportunity

as it is currently devised into four retail units. 66-54 Fresh Pond

Road is the largest singular unit measuring 10,869 SF and will be

delivered vacant for immediate possession and occupancy. 66-

44 Fresh Pond Road is the adjacent, in-line space that measures

661 SF and is currently leased to Magic Hair Studio through

October 2022. However, the landlord has the option to terminate

this lease upon 90 days’ notice. Due to the current and near-term

vacancy of majority of the space, future ownership/users have

the flexibility to combine at least these two units into an 11,530

SF space almost immediately.

66-42 Fresh Pond Road is the corner unit that measures 664

SF and is currently occupied by Print Better Inc with a lease

expiration of June 2020. There is a high probability that this

tenant renews at an increased rental amount.

The fourth unit at 60-80 Woodbine Street is currently leased to

the United States Postal Service through February of 2021 with

two 5-year renewal options. The commitment to this space by

a major tenant not only provides a source of in-place cash flow,

but the leverage to attract other legitimate retail tenants to the

adjacent units.

Lastly, the property contains 18,802 square feet of additional air

rights that could be utilized to redevelop the property. Overall,

the property represents an incredible retail investment or

user opportunity along an exceptional commercial corridor in

Ridgewood, Queens.