18-74 Madison Street

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 18-74 Madison St, Flushing, NY 11385, USA
Created date: February 23, 2024
Date last updated: July 10, 2024
  • - 5,700 SF multifamily building
  • - 6 units for stable income
  • - Built in 1930
  • - Zoned R6B for development potential
  • - Prime Ridgewood location
  • - Ideal for mid-rise investment
  • - Strong income potential
  • - Stable 100% occupancy

Property Description

Introducing an exceptional opportunity in Ridgewood, this multifamily gem boasts a 5,700 SF, 6-unit building, offering a stable and fully occupied investment. Built in 1930 and zoned R6B, this property presents an alluring option for the discerning mid-rise investor. With 100% occupancy, this building underscores promising income potential in a prime Ridgewood location. An enticing prospect for those seeking a robust addition to their multifamily investment portfolio.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,388,888
No. of Units: 6
Average Occupancy: 7.02
Year Built: 1930
Lot Size: 0.06 Sq ft
Opportunity Zone: No
Price per unit: $231,481
Property Website Click Here
Address: 18-74 Madison Street, Ridgewood, NY 11385, USA
Provided by:

Similar Properties in the Area

447 West 22nd Street

New York , New York
New York & Tri-State + Apartment Buildings
Units: 6
Price: $6,500,000

194 West 10th Street

New York , New York
New York & Tri-State + Apartment Buildings
Units: 7
Price: $12,450,000

41-08 111th Street

Corona , New York
New York & Tri-State + Apartment Buildings
Units: 6
Price: $1,298,000

Brokers

View All
popup background image