351 Onderdonk AVE Active

Ridgewood,NY 11385

$ 2650000

- Bed

0 Bath

4650 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,650 sqft

Price per Sqft $569

MLS Listing ID KEYL3542862

Originating Board onekey2

Rental Info No

Year Built 1901

Annual Tax Amount $5,589

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., Building Size:25 x 65ft

Location

State NY

County Queens

Interior

Heating Natural Gas

Fireplace No

Exterior

Total Parking Spaces 3

Private Pool No

Building

Story 2

Others

Special Listing Condition None

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