18-24 Cornelia ST Active

Ridgewood,NY 11386

$ 1150000

- Bed

- Bath

- SqFt


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

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