RealtyLens
for saleRealtyLens property overview
$1,100,000

18-58 Cornelia St

Ridgewood, NY, 11385
View more Ridgewood, NY property pages
18Beds
6Baths
1,865Sqft
$590$/sqft

Listing Notes

6 family building, brick construction, 6 apartments RS. Each apartment consists of EiK, Livrm, 3 Brs and 1 Bathrm. Windows in each room. Good for Investment. New rubber roof was done in January 2024, new Gas pipes in April 2024 and a new Water Heater installed in February 2025. Gross Income $108.471.00 Net Income is $74,980.77 and Expenses $33,490.23 (Taxes $16,769.23, Gas $4,995 W/S $$4,945, El. $890, Ins. $5,891).100% occupancy. Leases: 1L $1,431.25 1/1/28, 1R $1,746.12 12/31/26, 2L $1,250.12 12/1/26. 2R $1,293.69 11/1/27, 3L $1,750 1/1/27, 3R 1,567.38 7/31/27. Building size: 27.42x68. Lot size: 27.42x100. Clean building located four blocks to M train, close to shops, restaurants and park.

Market Insights

Below nearby median-25%

$590/sqft vs a nearby median of $785/sqft.

Nearby median$785/sqft
Nearby properties8
Property size1,865 sqft
  • -25% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,865 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.42M$1.26M$1.58M · 25% confidence
vs ask $1.10M−$320k (−29.1%)

Asking price is about 29.1% below the fair value — likely to draw competing offers if it's still on market.

$785/sqft median across 3 tight comps × 1,865 sqft= $1.46M
  • Visible condition issues−$73k −5.0%
  • Days-on-market gravity−$44k −3.0%
  • Transit access+$37k +2.5%
  • Pre-war character+$37k +2.5%
Cumulative NYC adjustments−$44k−3.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-25% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
473 days
Last price change
No change recorded
Listed
Jan 24, 2025
Photos
23 photos
Property type
single family
Status
for sale

Features & Amenities

BasementShopping

Photos

Price History

May 4, 2026Initial record
$1,100,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.