6-Unit Apartment
For Sale
Contact for pricing
1821 Cornelia Street, Ridgewood, NY 11385
Meticulously maintained 6-unit building with two free-market units and below-market rents.
Property SizeContact for details
Days on Market137
Property Features for 1821 Cornelia Street
General Information
Standard status
Active
Class
B
Property subtype
Mixed Use
Zoning
R6B
Occupancy
90%
Investment Type
Value Add
Net Operating Income
$70,566
Additional Details
Multifamily Units
6
Building Details
Year Built
1930
Buildings
1
Units
6
Tenancy
Multi
Listing Agency:
Landair Advisors
Listed By:
Anand Melwani · License #10301223520
(516) 658-1222
Source:
Crexi
Added: Apr 24
Changed: Sep 4
Last Checked: Sep 6 at 10:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landair Advisors
Investment Insights
Based on property information with market context.
Landair Advisors presents a meticulously maintained 6-unit apartment building in Ridgewood, Queens. Currently, 2 of the 6 units are free market. The property is described as having rents below market, offering room to adjust income over time while maintaining the building’s condition.
The building is located about 3 blocks from the M train at the Forest Avenue Stop and approximately 5 blocks from the L train at the Myrtle–Wykoff Stop, supporting convenient commuter access.
The seller also notes potential to add storage in the basement and/or duplex the ground floor units, subject to applicable approvals.
The building is located about 3 blocks from the M train at the Forest Avenue Stop and approximately 5 blocks from the L train at the Myrtle–Wykoff Stop, supporting convenient commuter access.
The seller also notes potential to add storage in the basement and/or duplex the ground floor units, subject to applicable approvals.
Key Highlights
- 6‑unit apartment building built in 1930
- 2 of the 6 units are free market; rents are below market
- Meticulously maintained property
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
4,971
Businesses Nearby
Explore this area
Business Placement
Demographics for 11385, NY
100,883
Population
40,175
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
28,023
Density / Sq Mi
$87,365
Median Household Income
$47,335
Median Earnings
$1,959
Median Rent
$842,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Meticulously maintained 6-unit building with two free-market units and below-market rents.
Where is this apartment building located?
The property is located at 1821 Cornelia Street Ridgewood, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 6‑unit apartment building built in 1930; 2 of the 6 units are free market; rents are below market; Meticulously maintained property
