1856 Madison Street Ridgewood, NY 11385

Other MLS #: 1011465 Courtesy Of Sany Realty Group LLC

Property InformationDescription

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!

Features

  • Age: Over 50 Years Old
  • Amenities: Basement
  • Building Units: 6
  • Cooling System: Electric
  • Exterior Type: Brick
  • Heating System: Natural Gas
  • MLSID: 1011465
  • Rooms: Basement

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1856 Madison Street, Ridgewood, NY 11385
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