18-58 Cornelia Street, Ridgewood, NY 11385
- Added:
- Oct 2, 2024
- Days on Market:
- 621
- Last Refresh:
- Jun 14 at 6:06 pm
Property Features for 18-58 Cornelia Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6B
- Rooms
- Basement
- Parking features
- On Street
- Basement
- Full
- Standard status
- Active
- APN
- 03473-0004
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 16769
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating)
Building Details
- Year built
- 1930
- Floors in Building
- 3
- Number of units
- 6
- Building materials
- Brick
Listing agent Jolanta Piela (917) 602-1463
Listing office Keller Williams Landmark II 7535 31st Ave Ste 202, Jackson Heights, NY (347) 846-1200
Listing date Oct 2, 2024
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Brick 6‑family apartment building (1930), fully occupied with rent‑stabilized leases
- Each unit includes an eat‑in kitchen, living room, 3 bedrooms, and 1 bathroom
- Rubber roof renovated January 2024; gas pipes replaced April 2024; new water heater installed February 2025
- Gross yearly income $108,471.00; net operating income $74,980.77; expenses $33,490.23
- Cap rate 6.82%; building size 27.42 x 68; lot size 27.42 x 100
- On‑street parking; public sewer; natural gas hot water heating
Overview
The building is located in Ridgewood, Queens. The listing notes proximity to the M train, as well as nearby shops, restaurants, and a park.
For investors or owners seeking a stabilized multifamily asset, the apartments are identified as rent stabilized and the property is presented as ready to operate with existing leases in place. Lease start and end dates are provided for multiple units, supporting straightforward in-place management planning. The documented building improvements and fully occupied status may be useful for an operator looking to maintain and run a property with recent systems work completed.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ridgewood
- County
- Queens
- State
- New York
- Longitude
- -73.906723
- Latitude
- 40.698755
