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Corner Brick Mixed-Use Building
For Lease
$2,650,000

351 Onderdonk Avenue, Ridgewood, NY 11385

Corner brick mixed-use building with a leased ground-floor medical office and two second-floor apartments.

Space SizeContact for details
Days on Market62

Property Features for 351 Onderdonk Avenue

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,589

Building Details

Year Built 1901
Stories 2
Listing Agency: Crifasi Real Estate Inc
Listed By: Sal J. Crifasi (saljoseph@crifasi.com)
Source: Iaquintarealestate
Added: Jul 8 Changed: Aug 8 Last Checked: Sep 6 at 8:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crifasi Real Estate Inc

Investment Insights

Based on property information with market context.

Corner brick mixed-use building on a corner lot featuring a ground-floor 1,500 sq. ft. medical office (Use Group 4) that is currently leased on a 10-year term with 3% annual increases. The medical office includes its own central A/C. The second floor contains two two-bedroom, two-bath apartments, both currently without leases, with tenants responsible for all utilities.

Also included in the offering is an adjoining property at 18-60 DeKalb Avenue: a two-story structure with three garages renting for $300 each per month, plus a two-bedroom apartment above earning $2,000 per month. Together, the properties generate a gross annual income of $138,000. The building sits at DeKalb Avenue and Onderdonk Avenue and is described as being four blocks from the DeKalb L train and close to Wyckoff Hospital.

This configuration provides a commercial component under an existing medical office lease alongside residential units that are currently vacant, creating flexibility for occupancy at the residential level.

Key Highlights

  • 1901 corner brick mixed‑use building at DeKalb Ave & Onderdonk Ave in Ridgewood, NY
  • 1,500 SF ground‑floor Use Group 4 medical office leased for $4,200/month on a 10‑year term with 3% annual increases
  • Ground‑floor medical office has its own central A/C

Property Analytics

Current Use

Augusto Zevallos, MD Pediatrician

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Acupuncture Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,465
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11385, NY

100,883
Population
40,175
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
28,023
Density / Sq Mi
$87,365
Median Household Income
$47,335
Median Earnings
$1,959
Median Rent
$842,800
Median Home Value

Market

Lease Benchmarks for Ridgewood, NY

$45.69 /SF/Yr
Avg Asking Price
$15.67–$87.93 /SF/Yr
Price Range
2,144 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Corner brick mixed-use building with a leased ground-floor medical office and two second-floor apartments.
Where is this medical office space located?
The property is located at 351 Onderdonk Avenue Ridgewood, NY.
What is the lease rate?
The lease rate is $2,650,000.
What are key features of this property?
This property features: 1901 corner brick mixed‑use building at DeKalb Ave & Onderdonk Ave in Ridgewood, NY; 1,500 SF ground‑floor Use Group 4 medical office leased for $4,200/month on a 10‑year term with 3% annual increases; Ground‑floor medical office has its own central A/C
More about this property
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