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$1,250,000

Beds
Unknown
sq ft
Unknown

1830 Madison St, Ridgewood, NY 11385

1830 Madison St

Ridgewood, NY 11385

  • 32 days on market
Discover this meticulously maintained 6-family brick home in the heart of Ridgewood, Queens, a thriving and highly sought-after neighborhood bordering Brooklyn. This turnkey investment property features six thoughtfully and excellently renovated units, all fully occupied, ensuring immediate rental income. It is an exceptional opportunity to own a rent-stabilized, income-producing 6-family brick building in the heart of Ridgewood, Queens, generating approximately $108,000 in annual rental income. This well-maintained property consists of six spacious 3-bedroom railroad-style units, all thoughtfully updated and fully occupied, ensuring consistent cash flow. Situated on a quiet, tree-lined street, this property offers a semi-finished basement, a private backyard, and close proximity to top-rated schools, diverse cultural experiences, and a vibrant local community. Conveniently located near the Forest Ave and Seneca Ave train stations, commuting to Manhattan and surrounding areas is a breeze. Ridgewood is known for its charming historic architecture, excellent school system, and strong rental demand, making this an ideal long-term investment. Whether you're expanding your portfolio or securing a steady income-producing asset, this 6-family gem is an opportunity not to be missed! ?? Location: Ridgewood, Queens (Brooklyn Border) ?? Transit: Near Forest Ave & Seneca Ave Train Stations ?? Features: 6 Renovated Units, Basement, Backyard ?? Investment: Fully Occupied, Strong Rental Income

Details

Property type

Multi Family

Lot size

2,727 sq ft

Price per sq ft

Unknown

Year built

1930

Annual property taxes

$19,032.2

Price History

08/05/2022
OneKey

OneKey #3334063

Sold
$1,100,000
+391.95%
06/07/2016
OneKey

OneKey #2829092

Sold
$223,600

Schools & Community

Neighborhood: 

Ridgewood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 03/31/2025 at 3:10 PM

Listing updated: 02/27/2025 at 1:24 PM

Listed by: Gerlando E. Graci, Alexiou Realty Phone #: (718) 204-0101

MLS: OneKey #829092

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