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18-24 Cornelia Street

Ridgewood, NY 11386
  • $1,150,000
  • STATUS: Active
  • ON SITE: 213 Days
  • MLS #: 3522111
UPDATED: 113 min ago
$1,150,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

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.

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Christie's International Real Estate | Northern New Jersey. Data last updated: 2024-07-22T21:19:21.3.
www.teambraconihomesales.com/homes/146188048
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18-24 Cornelia Street Ridgewood, NY 11386

  • Price: $1,150,000
  • Status: Active
  • On Site: 213 Days
  • Updated: 113 min ago
  • MLS #: 3522111
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1930
Built
Neighborhood:
Queens
County:
Queens
Area:
Queens
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.
Exterior Features

Cross Street Onderdonk Avenue Overhead Door 0

Interior Features

Heating Natural GasOther

Property Features

Building Size 27.5 x 68ft Current Use Residential Gross Income 113148 MLSArea Minor 10 Net Operating Income 74381 Operating Expense 38767 Potential Rental Income YN No Property Sub Type Mixed Use Sewer Public Sewer Tax Annual Amount 17628 Tax Annual Amount1 17628 Zoning Description R6B

Listing courtesy of Sal Crifasi of Crifasi Real Estate Inc: 718-782-4411
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Christie's International Real Estate | Northern New Jersey. Data last updated: 2024-07-22T21:19:21.3.
 
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