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64-24 Madison Street

Ridgewood, NY 11385
  • $1,138,000
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: 860958
UPDATED: 34 min ago
$1,138,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

Welcome to 64-24 Madison Street, a well-maintained brick multi-family building located in the heart of Ridgewood, Queens. Situated on a spacious 32 x 100 lot, this three-story property features six residential units, each with a classic railroad-style layout. Each story provides two apartments each with multiple bedrooms, kitchen, living room, and a full bathroom. The building also provides a full unfinished basement with access to the back yard. Five out of six units are currently occupied, owner's unit to be delivered vacant - potential for an additional $25k in annual revenue. Located just moments from the Fresh Pond Road subway station (M Train) and multiple bus lines, commuting is convenient and efficient. The surrounding neighborhood is rich with amenities, including local schools, shopping, and places of worship, all within easy reach. This is a rare opportunity to own a sizable, income-generating property in one of Ridgewood's most desirable locations.

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tessler Team. Data last updated: 2025-07-11T08:18:37.433.
www.thetesslerteam.com/homes/163724472
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64-24 Madison Street Ridgewood, NY 11385

  • Price: $1,138,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 34 min ago
  • MLS #: 860958
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1930
Built
Neighborhood:
New York
County:
Queens
Area:
New York
Property Description
Welcome to 64-24 Madison Street, a well-maintained brick multi-family building located in the heart of Ridgewood, Queens. Situated on a spacious 32 x 100 lot, this three-story property features six residential units, each with a classic railroad-style layout. Each story provides two apartments each with multiple bedrooms, kitchen, living room, and a full bathroom. The building also provides a full unfinished basement with access to the back yard. Five out of six units are currently occupied, owner's unit to be delivered vacant - potential for an additional $25k in annual revenue. Located just moments from the Fresh Pond Road subway station (M Train) and multiple bus lines, commuting is convenient and efficient. The surrounding neighborhood is rich with amenities, including local schools, shopping, and places of worship, all within easy reach. This is a rare opportunity to own a sizable, income-generating property in one of Ridgewood's most desirable locations.
Exterior Features

Construction Materials Brick Property Attached YN No Stories Total 3 Waterfront YN No

Interior Features

Appliances RefrigeratorStainless Steel Appliance(s) Basement Details FinishedFull Basement YN Yes Cooling Electric Elevator YN No Flooring HardwoodTile

Property Features

Additional Fees YN No Building Area Total 5814 Fuel Expense 6469 Insurance Expense 3950 Lot Size Area 3200 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 6 Other Expense 638 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Sprinkler System YN No Tax Annual Amount 20544.88 Tax Source Municipality Tenant Pays ElectricityGas Utilities Natural Gas Available Water Access YN No Water Sewer Expense 8958 Water Source Public

Listing courtesy of Etan Hakimi of Mitra Hakimi Realty Group LLC: 718-268-5588
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tessler Team. Data last updated: 2025-07-11T08:18:37.433.
 
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