$2,500,000 ($400.00 per sqft)

Est. Mortgage $11,831/mo *

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Listing courtesy of Triumph Property Group Ltd (212) 448-9400

1851 Madison Street, Queens, (Ridgewood), NY, 11385

1851 Madison Street, Queens, (Ridgewood), NY, 11385
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0 beds

1971

Prewar, Walk-Up

6,250 sqft

Enjoy a positive cash flow from day one in the historic district of Ridgewood Queens on the corner of Onderdonk Avenue and Madison Street. This landmarked and well-maintained (roof and chimney upgrade in 2022) 4-unit mixed-use building with spacious apartment layouts has non-controlled/non-stabilized units with below market rents with much room for income improvement. Clean and dry basement available for lots of storage capacity. Add to that the established medical facility that is a staple in the neighborhood that pays its own utilities and 50% of the property taxes and you have the makings of an investment property that you can hold for years to come.

Status:

Active

Town:

Queens

Type:

Condo/Coop

Laundry Remarks:

See Remarks

Units:

0

Levels:

4

Lot Size:

25.08 x 100.00

Est. Taxes:

$27,988

Pet Policy:

Building Yes, Yes

MLS #:

RLS20045233

Community Info

School Info

Walk Score

Mass Transit

Yelp

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