$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 #3334063
Sold
$1,100,000
+391.95%
06/07/2016

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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