Price Reduced 2.13%


Price History

$1,175,000
12/21/2023

$1,150,000
3/1/2024


18-24 Cornelia Street, Queens, (Ridgewood), NY, 11386

18-24 Cornelia Street, Queens, (Ridgewood), NY, 11386

1930

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.


Status:

Active

Town:

Queens

Type:

Commercial

Units:

6

Zoning:

R6B

Heating:

Natural Gas, Other

Acreage:

0.06

Est. Taxes:

$19,032

Current Use

Residential

MLS #:

3522111


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Crifasi Real Estate Inc 718-782-4411