$ 1,150,000
18-24 Cornelia ST Ridgewood, NY 11386
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,150,000
Est. payment /mo
Active
18-24 Cornelia ST Ridgewood, NY 11386
2,613 Sqft Lot
UPDATED:
09/23/2024 06:21 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3522111
Originating Board onekey
Rental Info No
Year Built 1930
Annual Tax Amount $19,032
Lot Size 2,613 Sqft
Acres 0.06
Property Description
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.
Location
State NY
County Queens
Zoning R6B
Interior
Heating Natural Gas, Other
Fireplace No
Building
Sewer Public Sewer
Others
Special Listing Condition None
Listed by Crifasi Real Estate Inc • 718-782-4411