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18-24 Cornelia Street Ridgewood, NY 11386
$1,150,000
  • Commercial
  • Year Built 1930
  • Misc
  • ML# 3522111

Property Details

Overview

Discover an exciting investment opportunity in the vibrant and highly sought-after Ridgewood area. Nestled in the heart of Ridgewood, this building is ideally located just three blocks away from the M train, surrounded by gift shops, bookstores, fine dining, bars, cafes, and bakeries. All units are currently occupied. This property boasts a prime location and excellent potential for growth. Recently, the total annual income surged to an impressive $113, 148, while expenses stand at $38, 552, resulting in a substantial net income of $74, 596. Don’t miss out on the chance to be part of the thriving Ridgewood community, voted 4th coolest neighborhood in the World in 2022., Additional information: Rental Income:N, vac_perc:0, Building Size:27.5 x 68ft

Key Facts

  • Lot Sq Ft: 2742
  • Taxes: $19,032
  • Sale or Rent: Sale
  • Zoning: R6B
  • Block: 03465
  • Lot: 0014

Additional Features

Interior & Utilities

  • Heat: Natural Gas, Other
  • Sewer: Shared, Public Sewer

Financial

  • Taxes: $19,032
Listing Information provided courtesy of Crifasi Real Estate Inc  718-782-4411
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