64-24 Madison St, Ridgewood, NY 11385

$1,399,000

Active for Sale

Listing ID	11325617



Property Type	Multi-Unit (5+)



County	Queens



Township	Queens

Neighborhood	Ridgewood



Total Tax	$20,500



FEMA Flood Map	fema.gov/portal



Year Built	1930

Virtual Tour

Calling All Investors! New to Market 6 family! TEXT 917-577-2868

TEXT Or CALL the listing agents - No emails, please. This well-maintained large 6-family brick townhouse is in Ridgewood, one of Queens's most desirable neighborhoods. Walk a few minutes to the M train and an incredible amount of shopping, eateries, lounges and so much more. Investors are welcome. This building is Rent-stabilized and all units are flex 3 / 2 bedroom. The huge unfinished basement has access from the front and the back of the building and from the 1st floor. The owner's unit is empty and will potentially gain another 20k + of additional yearly income if rented. Rent roll is available upon request. New to market - WONT LAST!

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Property Details

6 Full Baths
5820 SF
3200 SF Lot
Built in 1930
3 Stories
Available 7/24/2024
1700 Lower Level SF
Lower Level: Unfinished

Unit Information

Unit #1 – RESIDENTIAL_INCOME, Gross Area: 1, Rent Price: 1515, Bedrooms: 3, Full Baths: 1, Occupied

Unit #2 – RESIDENTIAL_INCOME, Gross Area: 1, Rent Price: 1943, Bedrooms: 3, Occupied

Unit #3 – Residential Income, Gross Area: 2, Rent Price: 1260, Occupied

Interior Features

Carpet Flooring
Hardwood Flooring
Linoleum Flooring
Steam Radiators
Natural Gas Fuel
Natural Gas Avail

Exterior Features

Masonry - Brick Construction
Brick Siding
Stucco Siding
Masonry Siding
Tar Roof
Flat Roof
Municipal Water
Municipal Sewer
Fence
Street View

Income/Expenses

Gross Income $101,000
Maintainence Exp $2,200
Insurance Exp $3,880
Heat Exp $6,500
Electric Exp $520
Water Exp $7,430
Misc Exp $21,000
Total Exp $32,760
Paid by Landlord: Heat, Water, Cleaning, Insurance, Ord. Maint., Struct. Maint., Ground Maint.

Taxes and Fees

$20,500 Total Tax

Listed By

Luis Martinez

AGENCY REAL ESTATE SERVICES LLC

Cell: 917-577-2868

Listing data is deemed reliable but is NOT guaranteed accurate.

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