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.
For sale
$1,799,000
508 Onderdonk Ave, Ridgewood, NY 11385
12beds
--sqft
Multi Family
Built in 1930
-- sqft lot
$1,675,400 Zestimate®
$--/sqft
$-- HOA
What's special
Classic finishesWell-proportioned bedrooms
- 314 days |
- 65 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Exclusive Properties Realty In 718-916-4618,
Alevtina Ioffe 718-916-4618,
Juda Niayzov 347-546-5688,
Exclusive Properties Realty In
Source: BNYMLS,MLS#: 495231
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas, Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Microwave, Refrigerator, Stove, Gas Water Heater
Features
- Flooring: Hardwood, Tile
- Basement: Finished
Property
Parking
- Parking features: None
Features
- Stories: 3
Lot
- Size: 2,500 Square Feet
- Dimensions: 25x100
- Features: Back Yard
Details
- Zoning: R6B
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick, Block
- Foundation: Block
- Roof: Asphalt/Tar
Condition
- Year built: 1930
Utilities & green energy
- Electric: 110 V
Community & HOA
Community
- Security: Secure Lobby
- Subdivision: Queens
Location
- Region: Ridgewood
Financial & listing details
- Annual tax amount: $14,497
- Date on market: 8/22/2025
- Cumulative days on market: 317 days
- Total actual rent: 45240
Estimated market value
$1,675,400
$1.59M - $1.76M
$4,119/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2025 | Listed for sale | $1,799,000-9.6% |
Source: | ||
| 7/31/2025 | Listing removed | $1,990,000 |
Source: | ||
| 3/10/2025 | Listed for sale | $1,990,000-2.4% |
Source: | ||
| 1/29/2022 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 8/16/2021 | Price change | $2,039,000-2.4% |
Source: StreetEasy Report a problem | ||
| 6/22/2021 | Listed for sale | $2,089,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Ridgewood
Nearby schools
GreatSchools rating
- 7/10Ps 81 Jean Paul RichterGrades: PK-5Distance: 0.2 mi
- 3/10Is 93 RidgewoodGrades: 6-8Distance: 0.4 mi
- 2/10Grover Cleveland H.S.Grades: 9-12Distance: 0.4 mi
A local agent can set up tours, give advice and negotiate with sellers.








