1830 Madison St
Ridgewood, NY 11385
- 18 beds
- 6 baths
- – sqft
- 1930 build
- – on site
New Exclusive Listing Introducing 1830 Madison St, Ridgewood, NY 11385 Asking price - $1,250,000 Solid Rent-Stabilized 6-Family Brick Building in Ridgewood - Prime Investment Opportunity! Property boasts 5,600 sq ft of livable space Exceptional opportunity to own a rent-stabilized, income-producing 6-family brick building in the heart of Ridgewood, Queens, generating approximately $111,000 in annual rental income. This well-maintained property consists of six spacious 3-bedroom railroad-style units, all thoughtfully updated and fully occupied, ensuring consistent cash flow. Nestled in a high-demand rental market, this building is situated in a beautiful and diverse neighborhood, known for its excellent school system and strong community appeal. Residents enjoy easy access to public transportation, with the Forest Ave and Seneca Ave train stations nearby, making commuting to Manhattan and Brooklyn seamless. With Ridgewood's rising popularity and stable rental market, this property presents an excellent long-term investment with strong upside potential. Don't miss this rare opportunity to own a solid, income-generating asset in one of NYC's most desirable locations! Location: Ridgewood, Queens (Brooklyn Border) Units: 6 Spacious 3-Bedroom Railroad Apartments Income: Approx. $111,000 Annual Rental Income • Transit: Near Forest Ave & Seneca Ave Train Stations ~ Investment: Rent-stabilized, Fully Occupied, strong Growth Potential Income approximately - $111,000 Expenses - $38,000
Last checked:
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Last updated Apr 20, 2025
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MLS# 840839 —
The Building
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Year Built:1930
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Basement:true
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Construction Materials:Brick
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# of Total Units:6
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Building Area Units:Square Feet
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Property Attached:true
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (347) 882-8694
- Office phone:
- (718) 204-0101
Taxes
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Tax Year:2024
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Tax Source:Municipality
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Tax Annual Amount:19032.2
Beds
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Total Bedrooms:18
Baths
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Full Baths:6
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Total Baths:6
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Hot Water
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Utilities:Cable Available, Natural Gas Available, Phone Available, Sewer Available, Trash Collection Public, Underground Utilities
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Water Source:Public
The Community
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Senior Community:false
Parking
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Garage:false
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Carport:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/15/25
Apr 15, 2025
|
Price Changed | ONEKEY | $1,150,000 | -8.0% |
|
3/26/25
Mar 26, 2025
|
Listed / Active | ONEKEY | $1,250,000 |
