$1,880,000 - 1856 Madison Street, Ridgewood, NY 11385｜MLS # 1011465
| MLS # | 1011465 |
| Construction Year | 1930 |
| Taxes (per year) | $19,457 |
| Fuel Type | Gas |
| Bus | 0 min: Q58 |
| 2 min: B38 | |
| 3 min: B13 | |
| 4 min: B20, Q39, Q55 | |
| 6 min: B52, B54 | |
| 7 min: B26 | |
| 10 min: QM24, QM25 | |
| Subway | 3 min: M |
| 8 min: L | |
| LIRR | 1.9 miles: "East New York" |
| 2.8 miles: "Nostrand Avenue" | |
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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!
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 Sany Realty Group LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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