
508 Onderdonk Ave Flushing, NY 11385
Ridgewood NeighborhoodEstimated payment $11,011/month
Highlights
- Wood Flooring
- Secure Lobby
- Back Yard
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,497
Year Built
- Built in 1930
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 100 x 25
- Back Yard
Home Design
- Brick Exterior Construction
- Block Foundation
- Asphalt Roof
Interior Spaces
- 3-Story Property
- Finished Basement
Kitchen
- Stove
- Microwave
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 3434
Community Details
Building Details
- Fuel Expense $7,000
- Insurance Expense $5,500
- Utility Expense $500
- Gross Income $542,880
- Net Operating Income $58,000
Additional Features
- 6 Units
- Secure Lobby
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/22/2025 08/22/25 | For Sale | $1,799,000 | -- | -- |
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Source: Brooklyn Board of REALTORS®
MLS Number: 495231

APN: 03434-0033
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