606 Onderdonk is a twenty-five-foot wide four-family townhouse located on a prime block in a quiet neighborhood 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.
To review a detailed property set-up, pro-forma, and property report, follow the below link to dropbox where a PDF is available to review or download.
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 $1,600 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 William at 917-615-4818 for more information about the property.
- pets allowed
- private outdoor space
- washer and dryer