Ridgewood Mixed-Use Investment
351 Onderdonk Avenue Ridgewood, NY 11385
For Sale
$2,650,000
MULTI_FAMILY - Ridgewood, NY
Property Size1,500 SF
Lot Size0.06 Acres
Price / SF$1,766
Days on Market386
Property Features for 351 Onderdonk Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6B
Parking
3
Standard status
Active
APN
03400-0014
Size
1,500 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5589
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1901
Floors in Building
2
Number of units
7
Listing Agency:
Crifasi Real Estate Inc
(718) 782-4411
Listed By:
Sal J. Crifasi · License #1027429
(718) 782-4411
Added: Jul 9, 2025
Changed: May 12
Last Checked: Jul 29 at 9:06PM
MLS# 887263
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Investment Insights
Based on property information with market context.
Located in Ridgewood, NY, this mixed-use corner brick building at DeKalb Avenue and Onderdonk Avenue presents an investment opportunity. The property includes a 1,500 sq. ft. ground-floor medical office (Use Group 4), currently leased for $4,200 per month under a 10-year lease with 3% annual increases, and features its own central A/C. The second floor contains two two-bedroom, two-bath apartments, each renting for $2,200 per month. The residential units are currently without leases. The offering includes the adjacent property at 18-60 DeKalb Avenue, a two-story structure with three garages renting for $300 each per month, and a two-bedroom apartment above, earning $2,000 per month. Together, the properties generate a gross annual income of $138,000. The property is situated four blocks from the DeKalb L train and close to Wyckoff Hospital. The lot size is 0.0566 acres. The property is zoned R6B. The Bushwick dining scene, nightlife, and Ridgewood's neighborhood add to the location's appeal.
Key Highlights
- High Gross Annual Income: $138,000 with upside potential.
- Prime Corner Location at DeKalb Avenue and Onderdonk Avenue in Ridgewood.
- Medical Office Tenant: Ground‑floor with a 10‑year lease and $4,200 monthly rent.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in Ridgewood with income and upside potential.
Where is this mixed-use property located?
The property is located at 351 Onderdonk Avenue Ridgewood, NY.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: High Gross Annual Income: $138,000 with upside potential.; Prime Corner Location at DeKalb Avenue and Onderdonk Avenue in Ridgewood.; Medical Office Tenant: Ground‑floor with a 10‑year lease and $4,200 monthly rent.