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18-58 Cornelia St
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
$590/sqft vs a nearby median of $785/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
Asking price is about 29.1% below the fair value — likely to draw competing offers if it's still on market.
- Visible condition issues−$73k −5.0%
- Days-on-market gravity−$44k −3.0%
- Transit access+$37k +2.5%
- Pre-war character+$37k +2.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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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