Entity Owned Property summary
This exceptional mixed-use property, located at 1824 Cornelia Street in the heart of Ridgewood, Queens, presents a compelling investment opportunity. Situated on a 0.06-acre lot, this building enjoys a highly desirable location, just three blocks from the M train, providing convenient access to Manhattan and other boroughs. The surrounding area is vibrant and bustling, characterized by a diverse mix of gift shops, bookstores, restaurants, bars, cafes, and bakeries, ensuring a consistent flow… of foot traffic and potential clientele. All units within the building are currently occupied, generating a substantial annual income. Recent financial records indicate a total annual income of $113,148, offset by expenses of $38,552, resulting in a strong net annual income of $74,596. This translates to a significant return on investment, making this property an attractive prospect for discerning investors. The property's prime location in Ridgewood, recently recognized as one of the world's coolest neighborhoods, further enhances its long-term value and potential for appreciation. This is a rare chance to acquire a well-performing asset in a rapidly growing and sought-after area. The building's strong financial performance, coupled with its ideal location and the vibrant character of the neighborhood, makes this an exceptional investment opportunity not to be missed.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 10 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 14 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 5,600 SF
- Lot area
- 0.06 ac
- Year built
- 1930
- Stories
- 3
- APN
- 03465-0014
- Zoning
- R6B
- Assessed value · 2024
- $421,200
- Annual tax · 2024
- $19,032
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
This district focuses on medium density housing in areas with higher accessibility to transportation and community services, allowing for a variety of residential building types with appropriate spacing and open space
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- NOI Potential
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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