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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 0.07 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

• 24 Hour Access
• Air Conditioning
• Controlled Access
• Dishwasher
• Microwave
• Tenant Controlled HVAC
• Heating
• Kitchen
• Refrigerator
• Oven
• Tub/Shower
• Yard
• Freezer
• Public Transportation
• Walk-Up
• Smoke Detector

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)	8 min	-	2.8 mi
Woodside Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road)	10 min	-	3.8 mi
Transit/Subway	Drive	Walk	Distance
Forest Avenue (M - New York MTA Subway (The Subway))	1 min	2 min	0.1 mi
Seneca Avenue (M - New York MTA Subway (The Subway))	2 min	7 min	0.3 mi
Fresh Pond Road (M - New York MTA Subway (The Subway))	3 min	9 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	16 min	-	6.5 mi
John F Kennedy International	18 min	-	10.5 mi
Newark Liberty International	34 min	-	18.1 mi