18-30 Madison St

Ridgewood, NY 11385
  • $1,189,000

    Price
  • 0.06

    Acre

About the Listing KLRW01 - 99209

Welcome to 18-30 Madison Street, Ridgewood, NY. An excellent opportunity to own a well-maintained large six-family property in one of Queens’ most sought-after and vibrant neighborhoods. This property is in good condition and features numerous recent upgrades. The property currently generates approximately $110,000 in annual income and offers a cap rate of over 6.5%, making it an attractive opportunity for investors and a young end-user / first-time multi-family buyer to live in one of the units while the rental income from the other apartments helps offset the mortgage and property expenses. Located in prime Ridgewood, with convenient access to transportation, shopping, restaurants, schools, and neighborhood amenities.

Listing Highlights

Status Active
Days on Site 6
Property Type Commercial Sale
MLS ® 1051986
Year Built 1930
Lot/Acreage 0.06
County Queens
School District Queens 24
Elementary School Ps 88 Seneca

Interior Details

  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Basement: Full
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $19,457
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 03462-0030
  • Tax Year: N/A

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Monthly Payment

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  • in Taxes
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Questions About..

18-30 Madison St Ridgewood, NY 11385

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Originating MLS: onekey2

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