18-70 MADISON STREET, Ridgewood, NY 11385

$1,099,950 List Price

Off Market

Listing ID	10988572



Property Type	Multi-Unit (5+)



County	Queens



Township	QUEENS

Neighborhood	RIDGEWOOD



Total Tax	$14,832



FEMA Flood Map	fema.gov/portal



Year Built	1930

Virtual Tour

MUST SEE/ 6 FAMILY HEART OF RIDGEWOOD/NEAR PUBLIC TRANSPORTATION

Believe in NY. Great investment opportunity. Well manicured 6 family for sale in the heart of Ridgewood. 3 apartments modern and 3 apartments updated. boiler, roof and electric in good shape. Near all transportation. (Building size 27.50 feet wide and 69 feet long)

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Property Details

6 Full Baths
2742 SF
Built in 1930
3 Stories
Available 4/30/2021
Full Basement
Lower Level: Unfinished, Bilco Doors

Renovation: 3 APARTMENTS HAVE BEEN RENOVATED AND THE OTHER 3 APARTMENTS ARE UPDATED. THE BUILDING IS IN GREAT SHAPE.

Unit Information

Unit #1 – Rent Price: 1025, Bedrooms: 3, Full Baths: 1, Occupied

Unit #2 – Rent Price: 1044, Bedrooms: 3, Full Baths: 1, Occupied

Unit #3 – Rent Price: 839, Bedrooms: 3, Full Baths: 1, Occupied

Unit #4 – Rent Price: 1311, Bedrooms: 3, Full Baths: 1, Occupied

Unit #5 – Rent Price: 1071, Bedrooms: 3, Full Baths: 1, Occupied

Unit #6 – Rent Price: 1122, Bedrooms: 3, Full Baths: 1, Occupied

Interior Features

Hardwood Flooring
Steam Radiators
1 Heat/AC Zones
Natural Gas Fuel
Natural Gas Avail

Exterior Features

Masonry - Brick Construction
Brick Siding
Flat Roof
Municipal Water
Other Waste Removal
City View
Near Bus
Near Train

Community Details

Walk-up (Bldg. Style)

Income/Expenses

Gross Income $75,165
Net Income $45,165
Operating Exp $30,000
Total Exp $30,000
Paid by Landlord: Heat, Water

Taxes and Fees

$14,832 City Tax
$14,832 Total Tax

Previously Listed By

John Suarez

TIP TOP REALTY MANAGEMENT CORP

Office: 718-541-1077

Cell: 718-541-1077

Listing data is deemed reliable but is NOT guaranteed accurate.

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