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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.

Features
Heating System:
Natural Gas
Cooling System:
Central Air
Sewer:
Public Sewer
Utilities:
Natural Gas Connected
Address Map
City:
NY
State:
NY
County:
Queens
Property and Construction
Development Status:
Other
Elementary School:
Learners And Leaders
Agent MlsId:
141639
Office MlsId:
CRIF02
Number Of Units:
7
Special Listing Conditions:
No
Stories Total:
2
Tax Annual Amount:
$5,589
Water Source:
Public
Zoning:
R6B
PhotosCount:
7

Commercial Sale For Sale

351 Onderdonk Avenue, New York, NY

2,467 Acre
$2,650,000
Listing ID #887263
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
887263
Price :
$2,650,000
Bathrooms Total :
0
Building Area :
4,650 Sqft
Lot Area :
2,467 Acre
Year Built :
1901
Status :
Active
Status :
Active
Listing Office :
Crifasi Real Estate Inc
Listing Agent :
Sal J. Crifasi
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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