18-70 MADISON STREET, Ridgewood, NY 11385

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$1,099,950 List Price
Off Market
 
Listing ID 10988572
Property Type Multi-Unit (5+)
County Queens
Township QUEENS
Neighborhood RIDGEWOOD
Total Tax $14,832
FEMA Flood Map fema.gov/portal
Year Built 1930
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MUST SEE/ 6 FAMILY HEART OF RIDGEWOOD/NEAR PUBLIC TRANSPORTATION

Believe in NY. Great investment opportunity. Well manicured 6 family for sale in the heart of Ridgewood. 3 apartments modern and 3 apartments updated. boiler, roof and electric in good shape. Near all transportation. (Building size 27.50 feet wide and 69 feet long)
Property Details
  • 6 Full Baths
  • 2742 SF
  • Built in 1930
  • 3 Stories
  • Available 4/30/2021
  • Full Basement
  • Lower Level: Unfinished, Bilco Doors
  • Renovation: 3 APARTMENTS HAVE BEEN RENOVATED AND THE OTHER 3 APARTMENTS ARE UPDATED. THE BUILDING IS IN GREAT SHAPE.
Unit Information
Unit #1 – Rent Price: 1025, Bedrooms: 3, Full Baths: 1, Occupied
Unit #2 – Rent Price: 1044, Bedrooms: 3, Full Baths: 1, Occupied
Unit #3 – Rent Price: 839, Bedrooms: 3, Full Baths: 1, Occupied
Unit #4 – Rent Price: 1311, Bedrooms: 3, Full Baths: 1, Occupied
Unit #5 – Rent Price: 1071, Bedrooms: 3, Full Baths: 1, Occupied
Unit #6 – Rent Price: 1122, Bedrooms: 3, Full Baths: 1, Occupied
Interior Features
  • Hardwood Flooring
  • Steam Radiators
  • 1 Heat/AC Zones
  • Natural Gas Fuel
  • Natural Gas Avail
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Flat Roof
  • Municipal Water
  • Other Waste Removal
  • City View
  • Near Bus
  • Near Train
Community Details
  • Walk-up (Bldg. Style)
Income/Expenses
  • Gross Income $75,165
  • Net Income $45,165
  • Operating Exp $30,000
  • Total Exp $30,000
  • Paid by Landlord: Heat, Water
Taxes and Fees
  • $14,832 City Tax
  • $14,832 Total Tax
Previously Listed By
TIP TOP REALTY MANAGEMENT CORP
Office: 718-541-1077
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