508 Onderdonk

508 Onderdonk, Brooklyn, NY 11385

Property Information

  • For Sale $1,799,000
  • Property Type Multi-Family
  • Lot Size 0.06 Acre
  • Cap Rate % 0.03
  • Rental Income / YR $45,240.00
  • NOI / YR $58,000.00
  • Taxes / YR $14,497.00
  • Year Built 1930
  • Date Updated Nov 9, 2026

Description

Let us presents an exceptional investment opportunity in the heart of Ridgewood. This six-family building is comprised of six spacious two-bedroom, one-bathroom apartments, each designed with functional layouts that maximize living space and natural light. The property offers investors strong income potential with stable tenancy and a desirable unit mix that appeals to a wide range of renters. Each apartment features comfortable living areas, well-proportioned bedrooms, and classic finishes that provide both practicality and charm. With its solid construction and well-maintained condition, this building is ideal for long-term ownership or value-add strategies. The configuration of multiple two-bedroom units makes it an attractive asset for both end users seeking rental income and seasoned investors looking to expand their portfolio. This property stands as a rare find a true six-family property with consistent rental demand and enduring appeal.

Contacts

Location

Located at 508 Onderdonk, Brooklyn, NY 11385, this property is part of the Ridgewood neighborhood and Queens market.

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