Discover an exciting investment opportunity in the vibrant and highly sought after Ridgewood area.
Website: | https://www.nestseekers.com/3290172 |
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Address: | 18-24 Cornelia Street Ridgewood, NY 11386 |
Cross street: | Onderdonk Avenue |
Ownership: | For Sale |
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Type: | Commercial |
Bedrooms: | Studio |
Lot Size: | 2742 sq ft |
Financials
Price: | $1,150,000 |
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Annual Taxes: | $17,628 |
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.
Contact
47-44 Vernon Blvd, Long Island City, NY 11101 Phone: +1718-707-0200 Fax: +1718-707-0233 | |
Courtesy of Crifasi Real Estate Inc |