18-24 Cornelia Street Ridgewood, NY 11386
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.
- Property TypeCommercial
- NeighborhoodN/A
- CountyQueens
- Taxes$17,628
- HOA/Condo/Coop Fees$0
- Days on Site193 Days
- MLS StatusActive
- MLS ID Number3522111
- Home Size Source N/A
- Year Built1930
- Lot Size0.06 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Sewer Public Sewer
- Acreage 0.06
- Zoning R6B
- Cross Street Onderdonk Avenue
- Property Sub Type Mixed Use
Interior Features
- Heating Natural GasOther
Community Features
- Township Queens