18-24 Cornelia Street Ridgewood NY, 11386
$1,150,000
ML# 3522111
Property Picture

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., Additional information: Rental Income:N, vac_perc:0, Building Size:27.5 x 68ft

    Massod (Tony) Tonekaboni
    Tony Tonekaboni Licensed Real Estate Broker 718-297-0505 tony@superhomerealty.com