Do Real Estate on the Go!
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Do Real Estate on the Go!
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$2,500,000
-- Bed
-- Bath
6,250sqft
1851 Madison St, New York City, NY 11385
$2,500,000
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Multi Family
Built in 1971
$-- HOA
2,508 sqft lot
$400/sq.ft
Description
Enjoy a positive cash flow from day one in the historic district of Ridgewood Queens on the corner of Onderdonk Avenue and Madison Street. This landmarked and well-maintained (roof and chimney upgrade in 2022) 4-unit mixed-use building with spacious apartment layouts has non-controlled/non-stabilized units with below market rents with much room for income improvement. Clean and dry basement available for lots of storage capacity. Add to that the established medical facility that is a staple in the neighborhood that pays its own utilities and 50% of the property taxes and you have the makings of an investment property that you can hold for years to come.
- Houzeo last checked: 4 Minutes ago
- Listing updated: December 19, 2025 at 4:56 pm
- Listing Provided by: Althea E Ffrench (164) 681-27655 , Roy E Adams (917) 655-9180 | Triumph Property Group Ltd (212) 448-9400
- Source: Rebny MLS-NY | MLS#: RLS20045233
Property Details
Status
Active
Type
Multi Family
No. of Stories
4
County
City
Neighborhood
--
Year Built
1971
HOA Fees
-
Finished Area
6,250 sqft
Lot Size
2,508 sqft lot
Basement Area
- sqft
MLS Name
Rebny MLS
MLS Number
RLS20045233
Days on Market
114
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