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18-58 Cornelia Street, Ridgewood, NY, 11385 $1,208,000

Multi Family Commercial 18 Beds , 6 Full Bath  

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Details ML#: 3582463  

  • Style: Contemporary
  • # of Families: 6
  • Sale or Rent:Sale
  • Year Built: 1930
  • Taxes: $19,500
  • Status:Active

Description

6 Family, Brick construction, 6 Apts RS. Clean building located four blocks to M train, also close to shops, restaurants and park. Good for investment. New rubber roof was done in January 2024 and new Gas pipes in April 2024. Gross Income is $ 105, 079.20, Net Income is $72, 079.20, Expenses are $33, 000 (Taxes $19.500, Water/ Sewer $4, 000, Heat- Gas$4, 500, El. $700, Insurance $4, 300). Leases:1L $1, 370.28 1/1/26, 1R $1, 659.02 12/31/24, 2L $1, 250.12 12/1/26, 2R $1, 237, 98 11/1/25, 3L $1, 750 11/30/25, 3R $1, 489.20 7/31/25. 100% occupancy. The owner will consider all offers. Additional information: Appearance:Very Good, Building Size:27.42 x68.

More Property Details

Room Information

Bedroom: 18   Full Bath: 6   Other: 6  

Property Features

Lot Sq Ft: 2742   Parking Facilities: None  

Appliances & Utilities

Heat: Natural Gas, Steam   A/C: None   Water: Public  

Financial

Taxes: $19,500  

Local Area Information

School District: Ps 88 Seneca   Zoning: R6B   Block: 3473   Lot: 4  

Listing Information provided courtesy of Keller Williams Landmark II  347-846-1200
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