Jacques Wadler Purchases Mixed-Use Property On Onderdonk Avenue For $2.98 Million With Daniel Barcelowsky's Representation
5-66 Onderdonk Avenue
$2,980,000
$1/SF
Building Size
2,980,000 SF
Asset Type
Mixed-use
Closing
Sep 1, 2026
About this deal
AI
The property involved in this transaction is a mixed-use asset located at 5-66 Onderdonk Avenue in Ridgewood, featuring 1 commercial unit and 4 residential units. The total sale price for the property was $2,980,000, resulting in a price per unit of $596,000 across the 5 units.
Summary of transaction details:
- Property Type: Mixed-use (1 Commercial & 4 Residential)
- Transaction Amount: $2,980,000
- Units: 5
- Price Per Unit: $596,000
- Buyer: Jacques Wadler
- Broker: Daniel Barcelowsky - Evergreen Realty & Investments
This transaction was facilitated by Daniel Barcelowsky, who represented Jacques Wadler in the deal. The involvement of Evergreen Realty & Investments underscores the brokerage's expertise in handling such mixed-use asset transactions.
On the Map
$2,980,000
$1/SF
Mixed-use
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Players
Ridgewood Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.32%
Cash-on-Cash
-1.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93