Buy with Yoreevo
$2,499,000
List Price: $2,550,000
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Madison Street
Apartment in Ridgewood •  building info
studio
Buy with Yoreevo

$2,499,000

List Price

$2,550,000

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.

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Building info

Buy your dream home with us and get an estimated $51,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Triumph