18-24 Cornelia Street
Ridgewood, NY 11386

Cross street:Onderdonk Avenue

Property

Ownership: For Sale
Type: Commercial
Bedrooms: Studio
Lot Size: 2742 sq ft

Financials

Price: $1,150,000
Annual Taxes: $17,628

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47-44 Vernon Blvd, Long Island City, NY 11101
Courtesy of Crifasi Real Estate Inc

Description

Discover an exciting investment opportunity in the vibrant and highly sought-after Ridgewood area. Nestled in the heart of Ridgewood, this building is ideally located just three blocks away from the M train, surrounded by gift shops, bookstores, fine dining, bars, cafes, and bakeries. All units are currently occupied. This property boasts a prime location and excellent potential for growth. Recently, the total annual income surged to an impressive $113,148, while expenses stand at $38,552, resulting in a substantial net income of $74,596. Don't miss out on the chance to be part of the thriving Ridgewood community, voted 4th coolest neighborhood in the World in 2022.

Discover an exciting investment opportunity in the vibrant and highly sought after Ridgewood area.


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