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$1,100,000
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Property Description
6 Family Brick Construction, 6 apartments Rent Stabilized. Each apartment consists of Eik, Livrm, 3 Bedrms and 1 Bathrm. Windows in each room. Gross Yearly income is $108.471.00. Net Opereting Income is $76.701.77 and Expenses $31,769.23. Clean building, good for investors. Rubber roof was renovated in January 2024, Gas pipes are replaced in April 2024 and a new Water Heater installe in February 2025. Fully Occuied. Leases: 1L $1,431.25 1/1/28, 1R $1,746.12/12/31/26, 2L $1,250 12/1/26, 2R $1,293.69 11/1/27, 3L $1,750 1/1/27, 3R $1,567.38 7/31/27. Cap Rate 6.97%. Building size: 27.42x68. Lot size: 27.42x100. Close to M train and shops, restaurants and park
Full Property Details
Full Property Details for 18-58 Cornelia St
General
- Price: $1,100,000
- Taxes: $16,769
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: L3582464
- Updated: 1/16/2026
- Added to Site: 473 day(s) ago
Parking
- Parking Features: On Street
Location
- County: Queens
- Cross Streets: Onderdonk Ave
- Driving Directions: Onderdonk Ave to Cornelia St
School Information
- High School District: Queens
Heating & Cooling
- Heating Type: Natural Gas, Hot Water
Utilities
- Sewer: Public Sewer
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement
- Stories/Levels: 3
- Stories in Building: 3
- Building Size: 2742
- Year Built: 1930
Lot Features
- Lot Size (Sq. Ft.): 2,742
- Lot Dimensions: 27.42 x 100
- Zoning: R6B
Financial Considerations
- Tax Amount: $16,769.23
Disclosures and Reports
- Property ID: 03473-0004
- Block: 3473
- Lot Number: 4
Listed by Keller Williams Landmark II
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Schools
Schools serving 18-58 Cornelia St
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 88 Seneca 60-85 Catalpa Ave, Queens, NY 11385 | PK-5 | 0.4 mi |
Joseph F Quinn Intermediate School 77 976 Seneca Ave, Queens, NY 11385 | 6-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18-58 Cornelia St
Date
Details
Price
Change
Source
10/01/2025
Price Reduced
$1,100,000
-4.26%
MLS
6/18/2025
Price Reduced
$1,149,000
-0.86%
MLS
5/02/2025
Price Reduced
$1,159,000
-1.78%
MLS
2/19/2025
Price Reduced
$1,180,000
-2.32%
MLS
10/30/2024
Price Reduced
$1,208,000
-3.36%
MLS
10/02/2024
Listed
$1,250,000
—
MLS
3/09/2021
Sold
$1,250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 18-58 Cornelia St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,649
3%
$157,192
-63%
2024
$19,032
8%
$421,200
199%
2023
$17,628
10%
$140,998
-61%
2022
$16,019
8%
$361,350
12%
2021
$14,833
-2%
$323,100
-9%
2020
$15,082
3%
$354,600
5%
2019
$14,606
14%
$338,580
212%
2017
$12,776
—
$108,460
8%
2017
$12,776
7%
$100,449
8%
2016
$11,991
—
$93,015
—
2015
$11,983
3%
$93,013
3%
2015
$11,580
12%
$90,079
8%
2013
$10,380
—
$83,431
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 18-58 Cornelia St
18-58 Cornelia Street, Ridgewood, NY 11385 (MLS# L3582464) is a Commercial property. 18-58 Cornelia Street is currently listed for $1,100,000 and was received on October 02, 2024. Want to learn more about 18-58 Cornelia Street? Do you have questions about finding other Commercial real estate for sale in Ridgewood? You can browse all Ridgewood real estate or contact a Coldwell Banker agent to request more information.

