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1890

CORNELIA STREET

1890 CORNELIA STREET

LOCATED BETWEEN ONDERDONK AVENUE & WOODWARD AVENUE

$1,650,000.00

ABOUT THE BUILDING

Prime 6 family in good condition. Historic Block of Ridgewood, Queens. Near the L and M train. This property is a 3-story building with six rent stabilized residential apartments, with a full basement (8 foot ceilings). The property has a gas boiler, large backyard, strong architectural features and is built 27.5 wide by 68 feet in depth. It has a gross square footage of approx. 5,610 SF. Each unit is separately metered for electric. Located in the heart of Ridgewood near Bushwick, this is an incredible investment opportunity for someone looking to earn a high return on investment with incredible upside in a highly emerging Ridgewood/ Bushwick market. 

LICENSED BROKER :

DANIEL BARCELOWSKY

646.373.7944

NEARBY TRANSIT :

Block - Lot 

03473-0028

Block - Lot 

Lot Dimension

27.5'0 x 100'

Lot Dimension

Block - Lot 

Lot SF

2,742

Stories

3

6

Units

Year Built

1901

Zoning

R6B

Building Dimensions

27.5 x 68'

6

Building SF

5,610

FAR

2

R6B

Potential CAP Rate

11%

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