1858 Cornelia St | Ridgewood, NY 11385
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1858 Cornelia St
Ridgewood, NY 11385
Multifamily Property For Sale · 6 Units
Investment Highlights
- LARGE BRICK WALK-UP
- CLOSE TO ALL
- PRIME RIDGEWOOD LOCATION
Executive Summary
Premier Opportunity To Purchase THREE STORY SOLID BRICK 6 FAMILY PROPERTY IN RIDGEWOOD. Oversized Brick Walk Up Building In Appreciating Ridgewood Neighborhood. Each Of The Six Apartments Consists Of Three Incredibly Spacious Bedrooms. Conveniently Located Near Various Supermarkets And Shopping & Dining Hub On Myrtle Ave And Fresh Pond Road. In Addition, Subway (M Line) Is Just Two Blocks Away. Gross Yearly Income Exceeds $100,000 And That Coupled With Low Expenses Makes 1858 Cornelia Street A Perfect Investment. It Is Perfectly Suited For Long Term Renters With Ridgewood's Hottest Restaurants, Cafes, Bars & Bakeries At Their Fingertips. This Turn Key Property Has Been Very Well Maintained And It Makes A Superb Armchair Investment Or A 1031 Exchange.
PROPERTY FACTS
| Price Per Unit | $199,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Sale Conditions | 1031 Exchange | Building Size | 5,600 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1930 |
| Apartment Style | Low Rise | Parking Ratio | 0.54/1,000 SF |
| Price Per Unit | $199,833 |
| Sale Type | Investment |
| Sale Conditions | 1031 Exchange |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,600 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1930 |
| Parking Ratio | 0.54/1,000 SF |
Unit Amenities
- Air Conditioning
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 03473-0004 | Improvements Assessment | $149,793 |
| Land Assessment | $2,440 | Total Assessment | $152,233 |
PROPERTY TAXES
Parcel Number
03473-0004
Land Assessment
$2,440
Improvements Assessment
$149,793
Total Assessment
$152,233
zoning
| Zoning Code | R6B (6 family Apartments) |
| R6B (6 family Apartments) |
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