18-30 Madison St, Ridgewood, NY 11385
18-30 Madison St, Ridgewood, NY 11385
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Kevin Kalyan

Kevin Kalyan

+1(516) 593-2800
$ 1,189,000
Est. payment | /mo
Save
$ 1,189,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1052522

Rental Info No

Year Built 1930

Annual Tax Amount $19,554

Property Sub-Type Triplex

Source onekey2

Property Description

Welcome to 18-30 Madison Street, Ridgewood, NY. An excellent opportunity to own a large well-maintained 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 young end-user or first-time multi-family buyer, this property offers the opportunity to live in one of the units while the rental income from the other apartments helps offset the mortgage and ownership expenses. Located in prime Ridgewood, with convenient access to transportation, shopping, restaurants, schools, and neighborhood amenities.

Location

State NY

County Queens

Rooms

Basement Full

Interior

Interior Features Entrance Foyer

Heating Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features None

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Underground Utilities, Water Available, Water Connected

Garage false

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Ps 71 Forest

Middle Schools Is 93 Ridgewood

High Schools Queens24

School District Queens24

Others

Senior Community No

Special Listing Condition Real Estate Owned

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Keller Williams Landmark II • Talaat A. Elkaray

Nearby Locations

Kevin Kalyan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(516) 593-2800

info@goldstarpremier.com

70 Charles Lindbergh Blvd #201, Uniondale, New York 11553, USA

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18-30 Madison St