351 Onderdonk Ave Queens, NY 11385

Located in Ridgewood, NY, at the corner of DeKalb Avenue and Onderdonk Ave, this corner brick mixed-use building offers versatile spaces. The ground floor, classified under Use Group 4, features a 1500 sqft space currently operating 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. The second floor houses two apartments, each with two bedrooms and two bathrooms. Tenants independently pay $2,200 per month and cover their utilities, including heat, hot water, cooking gas, and electricity. With no leases in place, these units offer immediate occupancy or customization. The adjoining property at 18-60 DeKalb Ave includes a two-story structure with three ground-level garages and a two-bedroom apartment above. The garages generate $900 each, and the apartment yields $2,000 in monthly rental income. The property is situated four blocks from the Dekalb L-train stop and Wyckoff Hospital. The location provides access to the Bushwick dining scene and Ridgewood's nightlife. The property has a gross annual income of $129,600. There is a large potential for rent growth as all residential units have no leases. The property size is 4650 sqft.