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Price Reduced Listing
$1,129,000
 $6,061 est/mo Sourced by Back At You

18-30 Madison Street,Ridgewood, NY 11385

Ridgewood, NY 11385

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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.

Details

MLS #1052522
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1930
Days On Site27
Listing Provided ByKeller Williams Landmark II | Talaat A. Elkaray

Features

BasementY
Units6

Interior

CoolingWall/Window Unit(s)
HeatingNatural Gas
Interior FeaturesEntrance Foyer

Exterior

Construction MaterialsBrick

Parking

Garage Yes / NoNo
Parking FeaturesNone

Utilities

UtilitiesElectricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Underground Utilities, Water Available, Water Connected
SewerPublic Sewer

Taxes

Tax Year2026
Tax Annual Amount19554

Area Information

StateNY
CountyQueens
CityRidgewood
Zip Code11385
School DistrictGrover Cleveland High School
Elementary SchoolPs 71 Forest
High SchoolGrover Cleveland High School
Listing VS Median (in 11385)
Price:
$1,129,000
low | high
Med:
$1,149,000
48.22852081488% of Average
On site:
27
low | high
Med:
328
8.231707317073% of Average
Sourced by Back At You

Market Activity 11385

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Learn More About This Property

Virginia Agosto

Virginia Agosto

John J Lease REALTORS

 (646) 713-5293agostoservices@icloud.com
StateNY
CountyQueens
CityRidgewood
Zip Code11385
School DistrictGrover Cleveland High School
Elementary SchoolPs 71 Forest
High SchoolGrover Cleveland High School
Listing VS Median (in 11385)
Price:
$1,129,000
low | high
Med:
$1,149,000
48.22852081488% of Average
On site:
27
low | high
Med:
328
8.231707317073% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $846K - $1.411M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
18-30 Madison Street Property Photo 1
$1,189,000
18-30 Madison Street
Ridgewood, NY 11385
1822 Putnam Avenue Property Photo 1
$1,190,000
1822 Putnam Avenue
Ridgewood, NY 11385
1884 Woodbine Street Property Photo 1
$1,299,000
1884 Woodbine Street
Ridgewood, NY 11385
Listing Updated: October 13, 2026 at 10:14:54 AM PDT

Virginia Agosto - John J Lease Realtors