18-30 Madison Street, Ridgewood, NY 11385
- $1,189,000
- List Price
- $1,189,000
- Days on Market
- 1
- MLS#
- 1051986
- Number Of Families
- 6
- Status
- ACTIVE
- Lot Size
- 2727
Property Description
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.
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Additional Information
- Year Built
- 1930
- School District
- Queens24
- Elementary School
- Ps 88 Seneca
- Middle School
- Joseph F Quinn Intermediate School 77
- High School
- Grover Cleveland High School
- Total Taxes
- 19457
- Heating
- Natural Gas
- Parking
- None
- Basement
- Full
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $19,457
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Listing courtesy of Listing Agent: Talaat A. Elkaray (talaat575@yahoo.com) from Listing Office: Keller Williams Landmark II.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.