About This Home

This 0-bedroom, 0-bathroom commercial at 1856 Madison Street in Ridgewood, NY is listed for $1,880,000. Built in 1930, on a 0.06 acres lot.

Key Features

  • Built in 1930
  • 0.06 acre lot

Property Details

1930
Listing Description

Best opportunity to own a beautiful 6-family property in the heart of Queens! The property features six spacious 3-bedroom apartments along with a full basement. A strong 7% ROI on rental income( 3 Rent Stabilized ) Measuring 27.5X69 feet on a 27.5X100 foot lot, Close to train station and all.

Q58 bus station is right in front of the building.The property is surrounded by a diverse mix of cafes, restaurants, shopping centers, grocery stores Etc. And It is just a 2-minute walk to Key Food. NET Operating Income around $135,000. Cash Flow Awaits!

Monthly Cost Estimate

$10,055/mo

20% down · 6.5% · 30 years

Principal$1,360
Interest$8,147
Insurance$548

Estimates only. Actual payments may vary.

Location

1856 Madison Street

Ridgewood, NY 11385

Property Details

Construction

Brick

Heating

Natural Gas

Cooling

Electric

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1856 Madison Street is listed at $1,880,000. The estimated monthly payment is $10,054 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.06 acre lot.

This property is listed by Yan Wang.

YW

Yan Wang

Agent at Sany Realty Group LLC

Listed by Sany Realty Group LLC · Broker phone: (917) 568-8388

MLS# 1011465· Source: OneKey MLS· 139 days on PropertySimple

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1856 Madison Street, Ridgewood, NY 11385

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