1856 Madison Street, Ridgewood, NY 11385
- $1,880,000
- List Price
- $1,880,000
- Status
- ACTIVE
- MLS#
- 1011465
- Year Built
- 1930
- Days on Market
- 94
- Acres
- 0.06
- County
- Queens
- City Orig
- Ridgewood
- Lot Size
- 2742
Property Description
Best opportunity to own a beautiful 6-family property in the heart of Queens! The property features six spacious 3-bedroom apartments along with a full basement. A strong 7% ROI on rental income( 3 Rent Stabilized ) Measuring 27.5X69 feet on a 27.5X100 foot lot, Close to train station and all. Q58 bus station is right in front of the building.The property is surrounded by a diverse mix of cafes, restaurants, shopping centers, grocery stores Etc. And It is just a 2-minute walk to Key Food. NET Operating Income around $135,000. Cash Flow Awaits!
Additional Information
- Heating
- Natural Gas
- Cooling
- Electric
- Sewer
- Public Sewer
- Elementary School
- Ps 88 Seneca
- School District
- Queens24
- Sq Ft
- 2742
- Taxes
- $19,457
- Parking
- None
- Water
- Public
Mortgage Calculator
Listing courtesy of Listing Agent: Yan Wang (evonerealestate@gmail.com) from Listing Office: Sany Realty Group LLC.
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.