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1856 Madison Street Ridgewood, NY $ 1,880,000
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$ 1,880,000 Get more info
1856 Madison Street
$ 1,880,000
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1856 Madison Street

Ridgewood, NY, 11385
$ 1,880,000
Bedrooms-- Baths-- Sq 5,700

Monthly Estimate*

$ 11,575

1856 Madison Street, Ridgewood, NY 11385 - Image 1
1856 Madison Street, Ridgewood, NY 11385 - Image 2
1856 Madison Street, Ridgewood, NY 11385 - Image 3
1856 Madison Street, Ridgewood, NY 11385 - Image 4
1856 Madison Street, Ridgewood, NY 11385 - Image 5
1856 Madison Street, Ridgewood, NY 11385 - Image 6

Commercial Property for sale in Ridgewood, NY

for $1,880,000. This 5,700 square foot building was built in 1930 on a lot size of 0.0629.

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!

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Commercial Active

Price

$ 1,880,000

Property Type

Commercial

Taxes

$ 19,457

Style

Multi Family

Lot Size

0.0629

Year Built

1930

Town/City

Ridgewood

County/Region

Queens

MLS | Web ID

1011465
Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Electric
Utilities Electricity Available Natural Gas Available Natural Gas Connected Sewer Available Trash Collection Public Water Available
Zoning R6B
Construction Materials Brick
Year Built 1930
Tenant Pays Electricity
Property Subtype Multi Family
Tax Year 2025
Parcel Number 03471-0004
Community Features Other Park Playground
County Queens
Property Type Commercial Sale
City New York
High School District Queens24
Number Of Units Total 6
Elementary School Ps 88 Seneca
Property Attached Y/N Y
Tax Annual Amount 19457.24
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Queens24
Elementary School District Queens 24
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Interior
Basement Finished
Basement Features Finished
Basement (Y/N) Y
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Exterior
Parking Features None None
Water Source Public
Building Area Total 5700
Waterfront Y/N N
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Internal Only
Street Number 1 1856
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* Excluded Features
List By
Yan Wang

Listing Agent

Sany Realty Group Llc

Broker

718-799-0726

Contact

Affordability Calculator

$13,197
Per Month
88%
12%
0%
Monthly Principal & Interest
$11,575
Monthly Property Taxes
$1,621
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892093 Elementary School
4892047 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/10/2026$1,880,000 Listed Price

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1856 Madison Street, Ridgewood, NY, 11385 is a Commercial Property for sale at $1,880,000 with 5,700 sqft and a lot size of 0.0629. 1856 Madison Street was built in 1930. The property's zip code is 11385 which is in Ridgewood, NY

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