566 ONDERDONK AVENUE, RIDGEWOOD, NY 11385

bathrooms 6
|Other
NZD $5,414,497
USD $3,075,000
Published on: 26 Feb 2026
Last updated on: 21 Oct 2026
566 ONDERDONK AVENUE, RIDGEWOOD, NY 11385
566 ONDERDONK AVENUE, RIDGEWOOD, NY 11385
566 ONDERDONK AVENUE, RIDGEWOOD, NY 11385
+12
566 ONDERDONK AVENUE, RIDGEWOOD, NY 11385
  • 12
Property ID: 110105973140
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Business Opportunity, RIDGEWOOD, NY

566 ONDERDONK AVENUE, 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: $255,954.00. annual gross with upside NOI: $202,597.00. 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, cafes, 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

Property Details

Basic Info

Property Type
Other
Listing Status
Pending
Land Size
232.29 m2
Year Built
1931
Rooms
6 bathroom(s)
Num Floors
3
County
Queens
Provider
My State MLS
Subdivision
Ridgewood
Brokerage Office Name
EVERGREEN REALTY & INVESTMENTS
Brokerage Office Phone
646-838-1378
Neighbourhoods
Ridgewood
Address
566 ONDERDONK AVENUE, RIDGEWOOD, NY 11385
Contact Agent
Emma Barattini
EVERGREEN REALTY & INVESTMENTS
5825 Myrtle Avenue Office 2A, RIDGEWOOD, NY 11385
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Emma Barattini
5825 Myrtle Avenue Office 2A, RIDGEWOOD, NY 11385
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      Property ID: 110105973140

      Original Property ID: 3yd-NYSMLS-11662546
      Data provided by My State MLS, MLS #: 11662546
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