Ridgewood 6-Fam.

18-74 Madison Street Ridgewood, NY 11385

18-74 Madison Street, Ridgewood, NY, 11385
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18-74 Madison Street, Ridgewood, NY, 11385 18-74 Madison Street, Ridgewood, NY, 11385 18-74 Madison Street, Ridgewood, NY, 11385 18-74 Madison Street, Ridgewood, NY, 11385 18-74 Madison Street, Ridgewood, NY, 11385
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,388,888
Last Verified:
Oct 11, 2024

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Highlights

  • - 5,700 SF multifamily building
  • - 6 units for stable income
  • - Built in 1930
  • - Zoned R6B for development potential
  • - Prime Ridgewood location
  • - Ideal for mid-rise investment
  • - Strong income potential
  • - Stable 100% occupancy

Description

Introducing an exceptional opportunity in Ridgewood, this multifamily gem boasts a 5,700 SF, 6-unit building, offering a stable and fully occupied investment. Built in 1930 and zoned R6B, this property presents an alluring option for the discerning mid-rise investor. With 100% occupancy, this building underscores promising income potential in a prime Ridgewood location. An enticing prospect for those seeking a robust addition to their multifamily investment portfolio.

Located in Prime Ridgewood on Madison Street, between Onderdonk Ave. & Woodward Ave. One block away from the Forest Ave. M-train subway station.


Year Built: 1930
Building Size: 5700sq ft
Lot Size: 0.06 acres


Documents

Brochure

Map of 18-74 Madison Street, Ridgewood, NY, 11385

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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