1 of 5

2 of 5

3 of 5

4 of 5

5 of 5

•  Media
• Map
• Street View

18-89 Cornelia St
Ridgewood, NY 11385

$2,200,000 USD

Apartments For Sale  •  5,600 SF

Property Details

• Property Type Apartments
• Total Building Size 5,600 SF
• Lot Size 0.06 AC
• Building Class B
• Year Built 1930
• Cap Rate 7.54 %
• Zoning R6B

98 Transit Score

98 Walk Score

Highlights

27’ wide brick six family, with four of six units renovated and free market

Currently under leased, with estimated 6-8% upside in rent roll

Protected tax class 2A

Download linked OM which contains current and projected rent rolls.

Cap Rate:

7.54 %

Amenities

• Yard

Public Transportation

Commuter Rail	Drive	Walk	Distance
East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road)	7 min	-	2.8 mi
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road)	12 min	-	4.3 mi
Transit/Subway	Drive	Walk	Distance
Forest Avenue (M - New York MTA Subway (The Subway))	0 min	2 min	0.1 mi
Seneca Avenue (M - New York MTA Subway (The Subway))	1 min	6 min	0.3 mi
Fresh Pond Road (M - New York MTA Subway (The Subway))	2 min	8 min	0.5 mi
Myrtle-Wyckoff Avenues (L - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway))	2 min	11 min	0.6 mi
Halsey Street (L Line) (L - New York MTA Subway (The Subway))	3 min	13 min	0.7 mi
Airport	Drive	Walk	Distance
LaGuardia	15 min	-	6.5 mi
John F Kennedy International	17 min	-	10.4 mi
Newark Liberty International	33 min	-	18.0 mi