FOR SALE

1851 Madison

Queens, Ridgewood, New York City, NY

Asking

$2,550,000

BTC

26.304

ETH

760.13

Home Size
6,250 sq. ft.
Enjoy a positive cash flow from day one in the historic district of Ridgewood Queens on the corner of Onderdonk Avenue and Madison Street. This landmarked and well-maintained (roof and chimney upgrade in 2022) 4-unit mixed-use building with spacious apartment layouts has non-controlled/non-stabilized units with below market rents with much room for income improvement. Clean and dry basement available for lots of storage capacity. Add to that the established medical facility that is a staple in the neighborhood that pays its own utilities and 50% of the property taxes and you have the makings of an investment property that you can hold for years to come.

LOADING

Location

Market Area
Queens
Neighborhood
Ridgewood

Agent

Althea Ffrench

+1 310 910 1722

Contact Email

[email protected]