18-24 Cornelia ST Active Save Request In-Person Tour Request Virtual Tour
Ridgewood,NY 11386
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYL3522111
Originating Board onekey2
Rental Info No
Year Built 1930
Annual Tax Amount $19,032
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., Additional information: Rental Income:N,vac_perc:0, Building Size:27.5 x 68ft
Location
State NY
County Queens
Interior
Heating Natural Gas,Other
Fireplace No
Exterior
Private Pool No
Building
Sewer Shared,Public Sewer
Others
Special Listing Condition None