18-30 Madison Street, Ridgewood, NY 11385
Local realty services provided by:CENTURY 21 ICON
18-30 Madison Street,Ridgewood, NY 11385
$1,129,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: talaat a. elkaray
Office: keller williams landmark ii
MLS#:1052522
Source:OneKey MLS
Price summary
- Price:$1,129,000
About this home
Welcome to 18-30 Madison Street, Ridgewood, NY. An excellent opportunity to own a large well-maintained six-family property in one of Queens’ most sought-after and vibrant neighborhoods. This property is in good condition and features numerous recent upgrades. The property currently generates approximately $110,000 in annual income and offers a cap rate of over 6.5%, making it an attractive opportunity for investors and young end-user or first-time multi-family buyer, this property offers the opportunity to live in one of the units while the rental income from the other apartments helps offset the mortgage and ownership expenses. Located in prime Ridgewood, with convenient access to transportation, shopping, restaurants, schools, and neighborhood amenities.
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Home facts
- Year built:1930
- Listing ID #:1052522
- Added:47 day(s) ago
- Updated:November 04, 2026 at 02:12 PM
Rooms and interior
- Basement:Yes
- Basement Description:Full
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1930
- Construction Materials:Brick
Schools
- High school:Grover Cleveland High School
- Middle school:Is 93 Ridgewood
- Elementary school:Ps 71 Forest
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,129,000
- Tax amount:$19,554 (2026)
Features and amenities
- Amenities:Entrance Foyer
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