$1,100,000 - 18-58 Cornelia Street, Ridgewood, NY 11385｜MLS # L3582464
| MLS # | L3582464 |
| Construction Year | 1930 |
| Taxes (per year) | $16,769 |
| Fuel Type | Gas |
| Heat type | Hot water |
| Basement | Full basement |
| Bus | 1 min: B38 |
| 2 min: Q55, Q58 | |
| 3 min: Q39 | |
| 4 min: B20 | |
| 5 min: B13 | |
| 7 min: B52, B54 | |
| 8 min: B26, QM24, QM25 | |
| Subway | 3 min: M |
| 9 min: L | |
| LIRR | 1.8 miles: "East New York" |
| 2.9 miles: "Nostrand Avenue" | |
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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 installe 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
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