18-58 Cornelia Street, Ridgewood, NY

$1,100,000

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2,742

Square feet

About 18-58 Cornelia Street

6 Family brick construction, 6 Apartments Rent Stabilized. Each apartment consists of Eik, Livrm, 3 Bedrms and 1 Bathrm. Windows in each room. Gross Yearly income is $108.471.00. Net Opereting Income is $74,980.77 and Expenses $33,490.23. Clean building, good for investors. Rubber roof was renovated in January 2024, Gas pipes are replaced in April 2024 and a new Water Heater installed in February 2025. Fully Occuied. Leases: 1L $1,431.25 1/1/28, 1R $1,746.12/12/31/26, 2L $1,250 12/1/26, 2R $1,293.69 11/1/27, 3L $1,750 1/1/27, 3R $1,567.38 7/31/27. Cap Rate 6.82%. Building size: 27.42x68. Lot size: 27.42x100. Close to M train and shops, restaurants and park.

Features of 18-58 Cornelia Street

MLS® # L3582464
Price $1,100,000
Bathrooms 0.00
Internal Footage 2,742
Square Footage 2742
Acres 0.00
Year Built 1930
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 18-58 Cornelia Street
City Ridgewood
County Queens
State NY
Zip Code 11385

Amenities

Parking On Street
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Hot Water
Fireplace No
# of Stories 3
Has Basement Yes
Basement Full

Exterior

Construction Brick

Additional Information

Date Listed October 2nd, 2024
Days on Market 646
Zoning R6B
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofKeller Williams Landmark II
Contact Info347-846-1200

Listing Map

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