Apartment Buildings /NY /Queens County /Ridgewood /18-89 Cornelia St
Apartment Buildings /NY /Queens County /Ridgewood /18-89 Cornelia St

18-89 Cornelia St - Apartments FOR SALE


Ridgewood, NY 11385 | 
$2,200,000 USD
914-584-7422
18-89 Cornelia St, Ridgewood, NY for Sale
$2,200,000 USD
Apartments - FOR SALE
1/5
null | 7.54% Cap Rate
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18-89 Cornelia St
Ridgewood, NY 11385

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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.

OVERVIEW

Broker of Record Cory Rosenthal License # 10991237833 (NY) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$393 USD /SF

# OF UNITS

6

PRICE/UNIT

$366,667

CAP RATE

7.54%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,912 SF

ZONING

R6B

APN/PARCEL ID

03472-0038

ASK ABOUT THIS PROPERTY

DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

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DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

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