by RH Advisors

See Home Value
$949,000
Commercial - Off Market

413 Onderdonk Avenue

Ridgewood, NY 11385
bedrooms
Studio
bathrooms
0 Bath
$985,728
RealtyHop Estimate
3.87%
Since May 1, 2023
NY-New York
Primary Model

About This Property

This well-maintained building consists of six 2-bedroom spacious apartments with living/dining area, kitchen and bath each. Current INCOME $104,792.76 and expenses are around $24,882.68 (including $5,542. Tax credit from DRIE) NOI close to $79,910.08. yearly. Great Investment Opportunity! This Is Your Chance To Acquire A Stabilized building with 2 DEREGULATED APARTMENTS W/a Registered rent of $2,328, Cash Flow Asset In A Fast Appreciating Neighborhood. It Is Perfectly Suited for Renters With Ridgewood's Hottest Restaurants, Cafes, Bars & Bakeries At Their Fingertips with stunning views of the city from roof. INCOME BREAKDOWN=1R-$670.77 Exp. 11/30/23, 1L $1,055.96 Exp. 11/30/23, 2R-$2,200.   2L-FM=$1,774 Exp. 1/31/24, 3R-$1,431.50 EXP. 11/30/23, 3L-FM=$1,600.50 EXP. 1/31/24.  EXPENSES= Super-$2,100, Gas-$4,252, Elec-$655, Pest Control-$1,300, Water-$4,900, Taxes-$8,629.68, Ins.-$3,046. ( Current Taxes are $8,629.68 with a DRIE TAX CREDIT of $5,542 yearly)
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$703
HOA Dues
-
Year Built
1930
Last updated: 2 years ago (OneKey MLS #3414038)

Price History

Date / Event Date Event Price
May 17, 2023 Withdrawn -
Withdrawn
Apr 26, 2023 Price Decreased $949,000
↓ $21K (2.2%)
Price Decreased
Jan 23, 2023 Price Decreased $970,000
↓ $15K (1.5%)
Price Decreased
Jul 7, 2022 Listed by LAFFEY REAL ESTATE $985,000
Listed by LAFFEY REAL ESTATE
Jun 8, 2007 Sold to Emaran 1-llc, Emaran 2-llc $550,000
Sold to Emaran 1-llc, Emaran 2-llc
Show More

Property Highlights

Exterior Details

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Area: 0.06
Lot Size Units: Acres
Lot Size Acres: 0.06
Financial Details
Tax Annual Amount: $8,438


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
Stu
-
-
$835,000 Sep 20, 2023
$835,000 Jan 26, 2024
$703/mo
Townhouse
Stu
-
-
$1,065,000 Dec 10, 2016
$1,065,000 Jul 27, 2017
-
Townhouse
Stu
-
-
$1,090,000 Feb 10, 2016
$1,090,000 Nov 4, 2016
-
Townhouse
3 Beds
2 Baths
-
$925,000 Aug 1, 2020
$925,000 Dec 16, 2020
$361/mo
House
3 Beds
2 Baths
-
$881,200 Aug 6, 2020
$881,200 Feb 18, 2021
$516/mo
Multifamily
7 Beds
2 Baths
-
$860,000 Aug 10, 2022
$860,000 Oct 21, 2022
$379/mo
Commercial
Loft
-
-
$830,000 Feb 5, 2024
-
-
Land
Loft
-
-
$999,000 Mar 18, 2024
-
$1,964/mo
Multifamily
12 Beds
6 Baths
-
$950,000 Dec 7, 2023
-
$901/mo
House
3 Beds
2 Baths
-
$945,000 Jan 5, 2024
-
$583/mo
Multifamily
7 Beds
4 Baths
-
$999,000 Oct 24, 2023
-
$517/mo
Multifamily
4 Beds
3 Baths
-
$999,333 Nov 6, 2023
-
$606/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230920
09/20/2023
Studio
-
-
$849,000
bedrooms
Studio
bathrooms
-
$835,000 -1.65%
01/26/2024
-
Pauline Conti
20220707
07/07/2022
Loft
-
-
$985,000
bedrooms
Loft
bathrooms
-
-
-
-
Pauline Conti

Building Info

413 Onderdonk Avenue 413 Onderdonk Avenue, Ridgewood, NY 11385
  • 6 Units
More about this Building
413 Onderdonk Avenue
Want to find out who owns 413 Onderdonk Avenue, Ridgewood, NY 11385? Get detailed property transactions here .

About Northwestern Queens


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