Price Reduced 3.36%


Price History

$1,250,000
10/2/2024

$1,208,000
10/30/2024


18-58 Cornelia Street, Queens, (Ridgewood), NY, 11385

18-58 Cornelia Street, Queens, (Ridgewood), NY, 11385

30 rooms

18 beds

6 Full baths

1930

Contemporary

6 Family, Brick construction, 6 Apts RS. Clean building located four blocks to M train, also close to shops, restaurants and park. Good for investment. New rubber roof was done in January 2024 and new Gas pipes in April 2024. Gross Income is $ 104,608.20, Net Income is $71.608.20, Expenses are $33,000 (Taxes $19.500, Water/ Sewer $4,000, Heat- Gas$4,500,El. $700, Insurance $4,300). Leases:1L $1,331.03 12/31/24, 1R $1,659.02 12/31/24, 2L $1,250.12 12/1/26, 2R $1,237,98 11/1/25,3L $1,750 11/30/25, 3R $1,489.20 7/31/25. 100% occupancy. The owner will consider all offers.


Status:

Active

Town:

Queens

Type:

Multi-family

Units:

6

Heating:

Natural Gas, Steam

Cooling:

None

Basement:

Full

Acreage:

0.06

Est. Taxes:

$19,500

Construction

Brick

Lot Description:

Near Public Transit

Elementary School:

Ps 88 Seneca

Middle School:

Ps/Is 113 Anthony J Pranzo

High School:

Grover Cleveland High School

School District:

Community District 24

MLS #:

3582463


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Keller Williams Landmark II 347-846-1200