1874 Madison St, Queens, NY 11385
New
$1,380,000
Active for Sale
Listing ID |
11382464 |
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Property Type |
Multi-Unit (5+) |
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County |
Queens |
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Township |
Queens |
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Neighborhood |
Flushing |
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School |
Queens 24 |
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Total Tax |
$17,628 |
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FEMA Flood Map |
fema.gov/portal |
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Year Built |
1930 |
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Well maintained 6 family investment property.
Discover a meticulously maintained six-family investment property nestled in the vibrant heart of Ridgewood. Each spacious unit boasts three comfortable bedrooms and a well-appointed bathroom, providing an ideal living space for families. The property is conveniently situated near a variety of amenities, ensuring easy access to shopping, dining, and public transportation. All units are rent-stabilized. With excellent financials, this property is a prime opportunity for any investor looking to make a sound investment in a flourishing community.
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- 6 Full Baths
- 5700 SF
- 2742 SF Lot
- Built in 1930
- 3 Stories
- Available 12/01/2025
- Lower Level: Unfinished
Unit #1 –
Residential Income, Gross Area: 950, Bedrooms: 3, Full Baths: 1, Occupied
Unit #2 –
RESIDENTIAL_INCOME, Gross Area: 950, Bedrooms: 3, Full Baths: 1, Occupied
Unit #3 –
RESIDENTIAL_INCOME, Gross Area: 950, Bedrooms: 3, Full Baths: 1, Occupied
Unit #4 –
RESIDENTIAL_INCOME, Gross Area: 950, Bedrooms: 3, Full Baths: 1, Occupied
Unit #5 –
RESIDENTIAL_INCOME, Bedrooms: 3, Full Baths: 1, Occupied
Unit #6 –
RESIDENTIAL_INCOME, Gross Area: 950, Bedrooms: 3, Full Baths: 1, Occupied
- Ceramic Tile Flooring
- Hardwood Flooring
- Steam Radiators
- Natural Gas Fuel
- Natural Gas Avail
- 100 Amps
- Masonry - Brick Construction
- Brick Siding
- Asphalt Shingles Roof
- Flat Roof
- Municipal Water
- Municipal Sewer
- Fence
- Near Bus
- Near Train
- Gross Income $140,000
- Maintainence Exp $6,500
- Insurance Exp $4,244
- Heat Exp $5,007
- Water Exp $5,964
- Paid by Landlord: Heat, Gas, Water, Insurance, Ord. Maint.
- $17,628 School Tax
- $17,628 Total Tax
Listing data is deemed reliable but is NOT guaranteed accurate.
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