$1,129,000

18-30 Madison St, Ridgewood, NY 11385

  • Property Icon Triplex
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 22 days ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
October 8, 2026 at 7:20AM
Listing Office:
Keller Williams Landmark II : 347-846-1200
MLS ID:
1052522
  • General: Entrance Foyer
  • Basement: Full
  • A/C: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Parking: None
  • Originating MLS: onekey2
  • School District: Queens24
  • County: Queens
  • Utilities: Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailablePhone ConnectedUnderground UtilitiesWater AvailableWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Keller Williams Landmark II

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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