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1830 Madison St
Ridgewood, NY 11385
Multifamily Property For Sale
·
6 Units
EXECUTIVE SUMMARY
Investment Opportunity in Ridgewood, New York Welcome to an exceptional investment property located in the heart of Ridgewood, one of New York’s most established and vibrant neighborhoods. This property offers stability , making it an attractive opportunity for investors and owner-users alike. One unit will be delivered vacant at closing, providing immediate flexibility for personal use or to secure a new tenant . All units are rent-stabilized, ensuring reliable occupancy with solid, long-term tenants. The property benefits from its prime location, with convenient access to public transportation, making commuting to Manhattan and other parts of New York City fast and efficient. Residents enjoy being part of a thriving community with a wide selection of shops, dining, and entertainment just steps away. Whether you are an investor seeking a steady income stream or an owner-user looking to offset your mortgage with rental income, this property offers a unique opportunity. With Ridgewood’s continued growth and strong demand, this is a smart addition to any real estate portfolio.
PROPERTY FACTS
| Price Per Unit | $251,968 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 6 | Building Size | 5,559 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1913 |
| Zoning | Residential (R6B) - Close to all including the M train (3 blocks away), gift shops, bookstores, fine dining, bars, cafes and bakeries | ||
| Price Per Unit | $251,968 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,559 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1913 |
| Zoning | Residential (R6B) - Close to all including the M train (3 blocks away), gift shops, bookstores, fine dining, bars, cafes and bakeries |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Basement
- Garden
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 03462-0030 | Improvements Assessment | $212,608 CAD |
| Land Assessment | $4,710 CAD | Total Assessment | $217,318 CAD |
PROPERTY TAXES
Parcel Number
03462-0030
Land Assessment
$4,710 CAD
Improvements Assessment
$212,608 CAD
Total Assessment
$217,318 CAD
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