5-66 Onderdonk Ave, RIDGEWOOD, NY 11385

Corner mixed-use building in a strong residential and retail corridor

Free market, income-producing asset

Fully gut-renovated building

Four spacious two-bedroom apartments with hardwood floors

Two established commercial spaces (daycare and restaurant)

Fully finished basement featuring two offices and a private bathroom

5,625 SF building (approx)

First floor is ~25’x100’, second and third floor are 25’x64’

Strong in-place income: $255,954 annual gross with upside

NOI: $202,597.

6.59% cap rate at asking

7.06% potential cap rate

Well maintained and professionally managed

Stable tenant mix

Commercial tenants cover 40% of property taxes + 50% of DEP Charges

Surrounded by established restaurants, cafés, and neighborhood businesses

Minutes to Bushwick and Williamsburg, blocks from the L and M trains.

Exceptional long-term investment opportunity in one of Queens’ most sought-after neighborhoods

All boilers replaced within the last 5 years

Plumbing systems upgraded within approximately the last 20 years

Electrical systems upgraded within approximately the last 20 years

Exterior masonry pointed within approximately the last 20 years

Major capital improvements already completed

Mechanically modernized with low deferred maintenance profile