MultiFamily Property at 3-63 Onderdonk Avenue Listed
$2,800,000
3-63 Onderdonk Avenue, Ridgewood, NY 11385
4,725 SF
Square Feet
$593
PPSF
6
Units
400.0K
PPU
Property Description
Units
6 — PPU: 400.0K
GFI Realty Services is pleased to present the exclusive offering of 3-63 Onderdonk Avenue, a fully renovated, free market six-unit multifamily property located in Ridgewood, Queens. The unit mix includes two two-bedroom and four three-bedroom apartments, all featuring modern finishes, stainless steel appliances, in-unit washer/dryers, hardwood flooring, and one-and-a-half to two bathrooms. The property is ideally positioned near Grover Cleveland Athletic Field, Maria Hernandez Park, and Wyckoff Heights Medical Center, with convenient access to the L subway line and the retail corridors along Myrtle Avenue and Knickerbocker Avenue. This turnkey asset offers strong in-place income with minimal capital needs in a sought-after rental market.
Property Details
Asset Type
MultiFamily
Neighborhood
Ridgewood
ZIP
11385
Renovated
1930
Listing Type
sale
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$159,281
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$13,273
Annual Debt Service
$159,281
View on Map
Address
3-63 Onderdonk Avenue
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Ridgewood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.