1856 Madison Street
Ridgewood, NY 11385

$1,880,000

Beds: 0
Baths:
Sq. Feet: 0
MLS ID: 1011465
Subdivision:
School Dist: Queens24

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! View this listing at: http://eghbalsoltani.laffey.com/mls=1011465

Property Features

Taxes: $19,457
Basement: Yes
Exterior: Brick
Lot Size: 0.06 Acres
Heating: Natural Gas
Cooling: Electric
Year Built: 1930
Water: Public
Sewer: Public Sewer
Units: 6
On Market Date: 2026-06-09
Basement: Finished
Building Area Total: 5700
Community Features: Other,Park,Playground
Parcel Number: 03471-0004
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Tenant Pays: Electricity
Utilities: Electricity Available,Natural Gas Available,Natural Gas Connected,Sewer Available,Trash Collection Public,Water Available
Seller Concession: Yes

School Information

Elementary School: Ps 88 Seneca
School District: Queens24

Shown By
Agent Name: Eghbal (Sara) Soltani
Agent Phone: (516) 697-7623
Agency Name: Laffey Real Estate
Listed By
Sany Realty Group LLC
Agency Phone: 718-799-0726

Printed June 10, 2026

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