64-24 Madison St, Ridgewood, NY 11385

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$1,399,000
Active for Sale
 
Listing ID 11325617
Property Type Multi-Unit (5+)
County Queens
Township Queens
Neighborhood Ridgewood
Total Tax $20,500
FEMA Flood Map fema.gov/portal
Year Built 1930
Virtual Tour

Calling All Investors! New to Market 6 family! TEXT 917-577-2868

TEXT Or CALL the listing agents - No emails, please. This well-maintained large 6-family brick townhouse is in Ridgewood, one of Queens's most desirable neighborhoods. Walk a few minutes to the M train and an incredible amount of shopping, eateries, lounges and so much more. Investors are welcome. This building is Rent-stabilized and all units are flex 3 / 2 bedroom. The huge unfinished basement has access from the front and the back of the building and from the 1st floor. The owner's unit is empty and will potentially gain another 20k + of additional yearly income if rented. Rent roll is available upon request. New to market - WONT LAST!
Property Details
  • 6 Full Baths
  • 5820 SF
  • 3200 SF Lot
  • Built in 1930
  • 3 Stories
  • Available 7/24/2024
  • 1700 Lower Level SF
  • Lower Level: Unfinished
Unit Information
Unit #1 – RESIDENTIAL_INCOME, Gross Area: 1, Rent Price: 1515, Bedrooms: 3, Full Baths: 1, Occupied
Unit #2 – RESIDENTIAL_INCOME, Gross Area: 1, Rent Price: 1943, Bedrooms: 3, Occupied
Unit #3 – Residential Income, Gross Area: 2, Rent Price: 1260, Occupied
Interior Features
  • Carpet Flooring
  • Hardwood Flooring
  • Linoleum Flooring
  • Steam Radiators
  • Natural Gas Fuel
  • Natural Gas Avail
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Stucco Siding
  • Masonry Siding
  • Tar Roof
  • Flat Roof
  • Municipal Water
  • Municipal Sewer
  • Fence
  • Street View
Income/Expenses
  • Gross Income $101,000
  • Maintainence Exp $2,200
  • Insurance Exp $3,880
  • Heat Exp $6,500
  • Electric Exp $520
  • Water Exp $7,430
  • Misc Exp $21,000
  • Total Exp $32,760
  • Paid by Landlord: Heat, Water, Cleaning, Insurance, Ord. Maint., Struct. Maint., Ground Maint.
Taxes and Fees
  • $20,500 Total Tax
Listed By
AGENCY REAL ESTATE SERVICES LLC
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