$1,100,000
( $401.17Per Sq Foot )
 $5,905 est/mo Sourced by Back At You

18-58 Cornelia Street,Ridgewood, NY 11385

Ridgewood, NY 11385

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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.

Details

MLS #L3582464
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusPending
Year1930
Days On Site753
Listing Provided ByKeller Williams Landmark II | Jolanta Piela

Features

SQ Feet2,742
BasementY
Story(s)3
Units6
ZoningR6B
Acreage0.06

Interior

HeatingNatural Gas, Hot Water

Exterior

Construction MaterialsBrick

Parking

Parking FeaturesOn Street

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount16769.23
Tax Lot4

Area Information

StateNY
CountyQueens
CityRidgewood
Zip Code11385
Sourced by Back At You

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Learn More About This Property

StateNY
CountyQueens
CityRidgewood
Zip Code11385
Sourced by Back At You
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Listing Updated: September 28, 2026 at 9:58:15 PM PDT