$1,525,000
$1,599,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
18-78 Madison ST Ridgewood, NY 11385
18 Beds
6 Baths
5,700 SqFt
Key Details
Sold Price $1,525,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,700 sqft
Price per Sqft $267
MLS Listing ID KEYL3540211
Sold Date 08/08/24
Style Victorian
Bedrooms 18
Full Baths 6
Originating Board onekey2
Rental Info No
Year Built 1930
Annual Tax Amount $17,297
Lot Dimensions 27.42x100
Property Description
Welcome to 1878 Madison Street, 6 Family property for Sale. Each apartment is in good condition and consists of 3 bedrooms, kitchen,living/dining area and 1 bathroom. 5 units have stabilized rent, 1 unit is free market. This property is a great income producer with the approximate gross income of $148,000 and operating expenses of around 31,500. Conveniently located, close to public transportation (2 blocks to Forest Ave M train station), stores, restaurants cafes. Great opportunity for users and investors !!!, Building Size:27.5' X 69'
Location
State NY
County Queens
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features On Street
Amenities Available Park
Private Pool No
Building
Lot Description Near Public Transit, Near School, Near Shops
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Brick
New Construction No
Schools
Middle Schools Is 93 Ridgewood
High Schools Grover Cleveland High School
School District Queens24
Others
Senior Community No
Special Listing Condition None
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Bought with Trademarko Realty Inc