New Exclusive Listing Introducing 1830 Madison St, Ridgewood, NY 11385 Asking price - $1,149,000 Solid Rent-Stabilized 6-Family Brick Building in Ridgewood - Prime Investment Opportunity! Property boasts 5,600 sq ft of livable space Exceptional opportunity to own a rent-stabilized, income-producing 6-family brick building in the heart of Ridgewood, Queens, generating approximately $111,000 in annual rental income. This well-maintained property consists of six spacious 3-bedroom railroad-style units, all thoughtfully updated and fully occupied, ensuring consistent cash flow. Nestled in a high-demand rental market, this building is situated in a beautiful and diverse neighborhood, known for its excellent school system and strong community appeal. Residents enjoy easy access to public transportation, with the Forest Ave and Seneca Ave train stations nearby, making commuting to Manhattan and Brooklyn seamless. With Ridgewood's rising popularity and stable rental market, this property presents an excellent long-term investment with strong upside potential. Don't miss this rare opportunity to own a solid, income-generating asset in one of NYC's most desirable locations! Location: Ridgewood, Queens (Brooklyn Border) Units: 6 Spacious 3-Bedroom Railroad Apartments Income: Approx. $111,000 Annual Rental Income • Transit: Near Forest Ave & Seneca Ave Train Stations ~ Investment: Rent-stabilized, Fully Occupied, strong Growth Potential Income approximately - $111,000 Expenses - $38,000

Listing courtesy of Alexiou Realty gerlandograci4@gmail.com


Based on information submitted to the MLS GRID as of 2025-08-21 01:23 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.