1856 Madison Street, Ridgewood, NY

$1,880,000

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5,700

Square feet

0.06

Acres

About 1856 Madison Street

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 of 1856 Madison Street

MLS® # 1011465
Price $1,880,000
Square Footage 5,700
Acres 0.06
Taxes $19,457
Year Built 1930
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 1856 Madison Street
City Ridgewood
County Queens
State NY
Zip Code 11385
Adult 55+ Community No

Amenities

Utilities Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Available, Trash Collection Public, Water Available
Parking None
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Cooling Electric
Has Basement Yes
Basement Finished
Fireplace No

Exterior

Exterior Brick

School Information

District Queens24
Elementary Ps 88 Seneca

Additional Information

Date Listed June 9th, 2026
Days on Market 122
Zoning R6B
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSany Realty Group LLC
Contact Info718-799-0726

Listing Map

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