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18-58 Cornelia Street Ridgewood, NY $ 1,100,000
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$ 1,100,000 Get more info
18-58 Cornelia Street
$ 1,100,000
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Share Save

18-58 Cornelia Street

Ridgewood, NY, 11385
$ 1,100,000
Bedrooms-- Baths-- Sq 2,742

Monthly Estimate*

$ 6,863

18-58 Cornelia Street, Ridgewood, NY 11385 - Image 1
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Commercial Property for sale in Ridgewood, NY

for $1,100,000. This 2,742 square foot building was built in 1930 on a lot size of 0.062948.

6 family brick construction, 6 apartments Rent Stabilized. Each apartment consists of Eik, Livrm, 3 Bedrms and 1 Bathrm. Windows in each room. Gross Yearly income is $108.471.00. Net Opereting Income is $76.701.77 and Expenses $31,769.23. Clean building, good for investors. Rubber roof was renovated in January 2024, Gas pipes are replaced in April 2024 and a new Water Heater installe in February 2025. Fully Occuied. Leases: 1L $1,431.25 1/1/28, 1R $1,746.12/12/31/26, 2L $1,250 12/1/26, 2R $1,293.69 11/1/27, 3L $1,750 1/1/27, 3R $1,567.38 7/31/27. Cap Rate 6.91%. Building size: 27.42x68. Lot size: 27.42x100. Close to M train and shops, restaurants and park.

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Commercial Active

Price

$ 1,100,000

Property Type

Commercial

Taxes

$ 16,769

Style

Multi Family

Lot Size

0.062948

Year Built

1930

Town/City

Ridgewood

County/Region

Queens

MLS | Web ID

L3582464
Features
General
Sewer Public Sewer
Heating Natural Gas Hot Water
Zoning R6B
Construction Materials Brick
Year Built 1930
Property Subtype Multi Family
Parcel Number 03473-0004
Gross Income 108471
County Queens
Operating Expense 31769.23
Insurance Expense 5800
Property Type Commercial Sale
HOA N
Directions Onderdonk Ave to Cornelia St
City New York
High School District Queens
Number Of Units Total 6
Tax Annual Amount 16769.23
Showing Instructions Call Text email Jolanta Piela at 917-602-1463 jolantapre1@gmail.com
Fuel Expense 4500
Property Condition Updated/Remodeled
Water Sewer Expense 4000
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District Queens
Elementary School District Queens
Tax Lot 4
Year Built Effective 2024
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Interior
Basement Full
Total Stories 3
Basement Features Full
Basement (Y/N) Y
Half Baths 0
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Exterior
Parking Features On Street On Street
Spa N
Building Area Total 2742
Waterfront Y/N N
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* Excluded Features
List By
Jolanta Piela

Listing Agent

Keller Williams Landmark Ii

Broker

347-846-1200

Contact

Affordability Calculator

$8,260
Per Month
83%
17%
0%
Monthly Principal & Interest
$6,863
Monthly Property Taxes
$1,397
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892388 Elementary School
4892330 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/1/2025$1,100,000 -4.26% Price Down
6/19/2025$1,149,000 -0.86% Price Down
5/2/2025$1,159,000 -1.78% Price Down
2/20/2025$1,180,000 -2.32% Price Down
12/2/2024$1,208,000 Listed Price

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18-58 Cornelia Street, Ridgewood, NY, 11385 is a Commercial Property for sale at $1,100,000 with 2,742 sqft and a lot size of 0.062948. 18-58 Cornelia Street was built in 1930. The property's zip code is 11385 which is in Ridgewood, NY

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