NY
Queens
Ridgewood
11385
18-58 Cornelia Street
18-58 Cornelia Street, Ridgewood, NY 11385
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Listing Type
Commercial/Industrial
Listing Status
active
23
$1,100,000

Home Details for 18-58 Cornelia Street

Price
$1,100,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
1930
County
Queens
Garage
Basement
Full
Days on site
325
MLS Listing#
L3582464
Property Description

6 Family Brick construction, 6 apartments Rent Stabilized. Each apartment consists of Eik, Livrm, 3 Bedrms and a Bathrm. Windows in each room. Gross Yearly income is $107,731.08. Net Opereting Income is $75.961.85 and Expenses $31,769.23. 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 $1,370.28 1/1/26, 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 6.91%. Building size: 27.42x68. Lot size: 27.42x100. Close to M train and shops, restaurants and park

Property Features
  • Heating Information
    • Natural Gas
    • Hot Water
  • Parking
    • On Street
  • Basement
    • Full
Listing Courtesy: Keller Williams Landmark II - 347-846-1200
Presented by: Jolanta Piela
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