View of exterior entry with stucco siding | Image 1

$2,650,000

351 Onderdonk Ave, Ridgewood, NY

Name: 351 Onderdonk Ave, For Sale in Ridgewood - eXp Commercial Brokerage
Brand: Crifasi Real Estate Inc
SKU: 887263
Price: 2650000 CAD

Real Estate

For Sale

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Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage No

Maintenance Fees

Taxes $5,589

Days Active 21

Approx. Age 1901

MLS® Number 887263

Property Address:

Average square foot calculated using Size range provided by listing agent.

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., Building Size:25 x 65ftShow Description

MLS® Number887263

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1901

Stories2

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatNatural Gas

A/CCentral Air

Heating Fuel

Extras

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