18-58 Cornelia Street, Ridgewood, NY 11385

$1,100,000

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List Price
$1,100,000
Price Change
▼ $49,000 1759368699
Days on Market
666
MLS#
L3582464
Number Of Families
6
Status
ACTIVE
Lot Size
2742

Property Description

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.

Additional Information

Year Built
1930
Stories
3
Total Taxes
16769
Heating
Natural Gas, Hot Water
Parking
On Street
Basement
Full
Sewer
Public Sewer
Taxes
$16,769

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jolanta Piela (jolantapre1@gmail.com) from Listing Office: Keller Williams Landmark II.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.