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566 ONDERDONK AVENUE
RIDGEWOOD NY 11385 US

$3,075,000

Active Listing ID 11662546
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6.00 Bath (4 Full , 2 Half)
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Other

$3,075,000

Active Listing ID 11662546
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566 ONDERDONK AVENUE 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, 354 annual gross with upside NOI: $202, 043 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

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • 1/2 Bathrooms: 2
  • Exterior Finish: Corner Unit
  • Floor Covering: Hardwood

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 3075000
  • unparsedaddress: 566 ONDERDONK AVENUE
  • postalcity: RIDGEWOOD
  • stateorprovince: NY
  • country: US
  • postalcode: 11385
  • bathroomsfull: 4
  • bathroomshalf: 2
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0
  • lotsizeunits: Acres
  • livingarea: 5625
  • livingareaunits: Square Feet
  • latitude: 40.705405
  • longitude: -73.910001
  • listagentfullname: Emma Barattini
  • listagentemail: amanda@evrgrealty.com
  • listagentkey: 3yd-NYSMLS-107837
  • listagentmlsid: 107837
  • listagentpreferredphone: 6468381378
  • listagentofficephone: 6468381378
  • listofficekey: 3yd-NYSMLS-15081
  • listofficemlsid: 15081
  • disclaimer: Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • yearbuilt: 1931
  • yearbuilteffective: 1931
  • listingcontractdate: 2026-02-25
  • countyorparish: Queens
  • flooring: Hardwood
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • parkingfeatures: Garage
  • waterfrontyn: False
  • interiorfeatures: Corner Unit
  • exteriorfeatures: Corner Unit
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.91, 40.705406
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"EVERGREEN REALTY & INVESTMENTS", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"amanda@evrgrealty.com", "ListBrokerageCity":"RIDGEWOOD", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"EVERGREEN REALTY & INVESTMENTS", "ListBrokeragePhone":"646-838-1378", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"5825 Myrtle Avenue Office 2A", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"5825 Myrtle Avenue Office 2A", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"RIDGEWOOD", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"11385", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Unit (5+) - RIDGEWOOD, NY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/566-Onderdonk-Ave_Ridgewood_NY_11385_M90523-15305?f=listhub&s=NYSMLS&m=11662546&c=rexren", "MLSModificationTimestamp":"2026-02-25T16:51:14Z", "Neighborhoods":[{"Description":null, "Name":"Ridgewood"}], "PostalCode":null, "RawPropertySubType":"Multi-Unit (5+)", "RawPropertyType":"Multi-Unit (5+)", "RoomCount":0, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":0, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/26/2026 12:07:36 AM GMT
Source Updated Date: 2/26/2026 12:48:25 PM GMT

Courtesy of: Emma Barattini, EVERGREEN REALTY & INVESTMENTS, amanda@evrgrealty.com

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.