64-24 Madison ST new

Ridgewood,NY 11385

$ 1138000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY860958

Originating Board onekey2

Rental Info No

Year Built 1930

Annual Tax Amount $20,544

Property Sub-Type Multi Family

Property Description

Welcome to 64-24 Madison Street, a well-maintained brick multi-family building located in the heart of Ridgewood, Queens. Situated on a spacious 32 x 100 lot, this three-story property features six residential units, each with a classic railroad-style layout. Each story provides two apartments each with multiple bedrooms, kitchen, living room, and a full bathroom. The building also provides a full unfinished basement with access to the back yard.
Five out of six units are currently occupied, owner's unit to be delivered vacant - potential for an additional $25k in annual revenue.
Located just moments from the Fresh Pond Road subway station (M Train) and multiple bus lines, commuting is convenient and efficient. The surrounding neighborhood is rich with amenities, including local schools, shopping, and places of worship, all within easy reach.
This is a rare opportunity to own a sizable, income-generating property in one of Ridgewood's most desirable locations.

Location

State NY

County Queens

Rooms

Basement Finished,Full

Interior

Cooling Electric

Flooring Hardwood,Tile

Fireplace No

Appliance Refrigerator,Stainless Steel Appliance(s)

Exterior

Utilities Available Natural Gas Available

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

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