$2,650,000
351 Onderdonk AVE Ridgewood, NY 11385
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$2,650,000
Est. payment /mo
2,613 Sqft Lot
Back on Market
351 Onderdonk AVE Ridgewood, NY 11385
UPDATED:
08/23/2024 02:09 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Back On Market
Purchase Type For Sale
MLS Listing ID 3542862
Originating Board onekey
Rental Info No
Year Built 1901
Annual Tax Amount $5,589
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 25.17x98
Property Description
Presenting an exceptional real estate opportunity in the heart of Ridgewood, NY! Situated at the corner of DeKalb Avenue and Onderdonk Ave, this corner brick mixed-use building offers a prime location and versatile spaces tailored for diverse needs. On the ground floor, discover a dynamic setting perfectly suited for community engagement. Hosting a Use Group 4 classification, this 1500 sqft space currently operates as a doctor's office, generating $3,500 per month with a lease extending 1.5 years. This office has its own central air conditioning system. Seize the chance to secure a strategic foothold in the thriving healthcare sector or foster community initiatives. Ascending to the second floor, two apartments await. These two-bedroom, two-bathroom residences offer tenants independence, each paying $2,200 per month and responsible for their utilities, including heat, hot water, cooking gas, and electricity. With no leases in place, the potential for immediate occupancy or customization beckons, granting flexibility to investors or end-users alike. Further enhancing this offering is the adjoining property at 18-60 DeKalb Ave, comprising a two-story structure with three ground-level garages and a two-bedroom apartment above. Garnering additional rental income from the garages ($900 - each garage $300.00) and apartment ($2,000), this complementary asset enriches the investment portfolio. Conveniently situated just four blocks from the Dekalb stop on the L-train and Wyckoff Hospital, accessibility and convenience are seamlessly integrated. Explore the vibrant Bushwick dining scene, immerse in eclectic nightlife, and relish the charm of Ridgewood proper. Whether you're an astute investor seeking a lucrative opportunity or a visionary end-user eager to leave your mark, this property promises boundless potential. With a robust gross income of $129,600 annually, don't miss your chance to claim a stake in this thriving community. There is a large potential for rent growth as all residential units have no leases.
Location
State NY
County Queens
Zoning R6B
Interior
Heating Natural Gas
Fireplace No
Exterior
Total Parking Spaces 3
Building
Story 2
Others
Special Listing Condition None
Listed by Crifasi Real Estate Inc • 718-782-4411
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