351 Onderdonk AVE Active Save Request In-Person Tour Request Virtual Tour
Ridgewood,NY 11385
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 887263
Rental Info No
Year Built 1901
Annual Tax Amount $5,589
Property Sub-Type Multi Family
Source onekey2
Property Description
Presenting a prime mixed-use opportunity in the heart of Ridgewood, NY. This corner brick building, located at DeKalb Avenue and Onderdonk Avenue, features a 1,500 sq. ft. ground-floor Use Group 4 medical office currently leased for $4,200 per month on a 10-year lease with 3% annual increases and its own central A/C. The second floor offers two spacious two-bedroom, two-bath apartments, each paying $2,200 per month with tenants responsible for all utilities. Both units are currently without leases, creating flexibility for new ownership. Included in the offering is the adjoining property at 18-60 DeKalb Avenue, a two-story structure with three garages renting for $300 each per month and a two-bedroom apartment above earning $2,000 per month. Together, the properties generate a gross annual income of $138,000 with significant upside potential as the residential units are unleased. Conveniently situated just four blocks from the DeKalb L train and close to Wyckoff Hospital, the property benefits from excellent accessibility. The vibrant Bushwick dining scene, eclectic nightlife, and Ridgewood's neighborhood charm add to the appeal, making this an outstanding opportunity for investors or end-users alike.
Location
State NY
County Queens
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available Natural Gas Connected
Total Parking Spaces 3
Building
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Other
Schools
Elementary Schools Learners And Leaders
High Schools Queens
School District Queens
Others
Special Listing Condition None