# 1856 Madison Street, Ridgewood, NY 11385

> **TL;DR:** commercial, $1,880,000, built 1930. Est. $10,054/mo. Listed 140 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,880,000 |
| Year Built | 1930 |
| Lot Size | 2,740 sqft (0.06 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 140 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $9,506 |
| Estimated Insurance | $548 |
| **Total** | **$10,054** |

## Nearby Schools

- **Elementary:** Ps 88 Seneca

## Property Highlights

- Built in 1930
- 0.06 acre lot

## Description

### Agent 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!

## Location

- **Address:** 1856 Madison Street, Ridgewood, NY 11385
- **County:** Queens

## Listing Agent

- **Name:** Yan Wang
- **Brokerage:** Sany Realty Group LLC
- **Broker Phone:** (917) 568-8388

## Photos

![1856 Madison Street - Photo 1](http://lh.rdcpix.com/0ab0573f622ac7ffa550f4e7c943d8e9l-f3640995967r.jpg)

![1856 Madison Street - Photo 2](http://lh.rdcpix.com/0ab0573f622ac7ffa550f4e7c943d8e9l-f4043136143r.jpg)

![1856 Madison Street - Photo 3](http://lh.rdcpix.com/0ab0573f622ac7ffa550f4e7c943d8e9l-f3022365451r.jpg)

![1856 Madison Street - Photo 4](http://lh.rdcpix.com/0ab0573f622ac7ffa550f4e7c943d8e9l-f2385041850r.jpg)

![1856 Madison Street - Photo 5](http://lh.rdcpix.com/0ab0573f622ac7ffa550f4e7c943d8e9l-f3143433719r.jpg)

![1856 Madison Street - Photo 6](http://lh.rdcpix.com/0ab0573f622ac7ffa550f4e7c943d8e9l-f845147702r.jpg)

---

**MLS#:** 1011465 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/1856-madison-street-ridgewood-ny-11385-dd2ed762755f4162a2cab4cd8693091c)

---

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