606 Onderdonk Avenue

Queens, NY 11385

606 Onderdonk is a twenty-five-foot wide four-family townhouse, located on a prime block in a quiet neighborhood. The property is available for the first time in 50 years.  Many of the building systems have been updated over the years and some require a generational update.  The building will be delivered vacant.  Bring your architect and contractor. Measuring 3,000 square feet, the building is oriented as a center hall and stairs with two railroad-style apartments on each floor.  There is a walk-out-basement and planted garden.  The building is very spacious and presents opportunity to reconfigure to suit your needs or update and generate excellent income. Recent improvements include a gas boiler, water heater, waste-water line to the street, and a well-maintained roof and front and rear facades.  Current rents in the neighborhood for similar apartments range from $1,700 to $2,200.  The annual operating expenses, including real estate taxes, are estimated as $25,000. The building is close to shopping, restaurants, bus lines, and the L and M subway lines. Call, text, or email the listing broker for more information about the property, a detailed set-up, pro-forma, and property report.