18-58 Cornelia Street, New York, NY, 11385
$1,100,000
activeLot Size
2,742 sqft
Year Built
1930
Stories
3
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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 $74,980.77 and Expenses $33,490.23. 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 6.82%. Building size: 27.42x68. Lot size: 27.42x100. Close to M train and shops, restaurants and park.
Listed by Jolanta Piela, Keller Williams Landmark II
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