Nicole Vargas
Price Reduced 2.13%
Price History
$1,175,000
12/21/2023
$1,150,000
3/1/2024
18-24 Cornelia Street, Ridgewood, NY, 11386
1930
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.
Status:
Active
Type:
Commercial
Units:
6
Zoning:
R6B
Heating:
Natural Gas, Other
Acreage:
0.06
Est. Taxes:
$17,628
Current Use
Residential
MLS #:
3522111
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Crifasi Real Estate Inc 718-782-4411