BEDS0
BATHS
MLS#1052522
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLQueens24
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Taxes: $19,554
Year Built: 1930
Amenities
Entrance Foyer
Feature Descriptions
Exterior: Brick
On Market Date: 2026-09-17
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 6
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Underground Utilities, Water Available, Water Connected
Water: Public
Local Schools
High School: Grover Cleveland High School
Middle School: Is 93 Ridgewood
Elementary School: Ps 71 Forest
School District: Queens24
Estimate Your Payment
Estimated Payment
$ 7,988.52 per month $6,012.23 Principal & Interest $1,629.50 Property Tax $346.79 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Keller Williams Landmark II
Agency Contact: 347-846-1200
Shown By
Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443
18-30 Madison St | MLS# 1052522
This multi-family property located at 18-30 Madison St , Ridgewood, NY 11385 is currently listed for sale with an asking price of $1,189,000. 18-30 Madison St is located within the Queens24 school district. Search Ridgewood real estate on www.cbamhomes.com today.