Ridgewood, NY 11385,18-58 Cornelia ST
Ridgewood, NY 11385,18-58 Cornelia ST
Ridgewood, NY 11385,18-58 Cornelia ST
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Karin Lanciano

Karin Lanciano

Lanciano Pizante

+1(917) 426-8415
$1,100,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID L3582464

HOA Y/N No

Rental Info No

Year Built 1930

Annual Tax Amount $16,769

Lot Dimensions 27.42x100

Property Sub-Type Multi Family

Source onekey2

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

Location

State NY

County Queens

Rooms

Basement Full

Interior

Heating Natural Gas, Hot Water

Fireplace No

Exterior

Parking Features On Street

Private Pool No

Building

Story 3

Sewer Public Sewer

Structure Type Brick

Schools

High Schools Queens

School District Queens

Others

Special Listing Condition None


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Listed by Keller Williams Landmark II • Jolanta Piela

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Karin Lanciano

Karin Lanciano

+1(917) 426-8415

Agent | License ID: 10401317111

Agent License ID: 10401317111

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