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BATHS
MLS#1011465
STATUSActive
PROPERTY TYPECommercial -
SCHOOLQueens24
Property Description
Best opportunity to own a beautiful 6-family property in the heart of Queens! The property features six spacious 3-bedroom apartments along with a full basement.A strong 7% ROI on rental income( 3 Rent Stabilized )Measuring 27.5X69 feet on a 27.5X100 foot lot, Close to train station and all. Q58 bus station is right in front of the building.The property is surrounded by a diverse mix of cafes, restaurants, shopping centers, grocery stores Etc. And It is just a 2-minute walk to Key Food.NET Operating Income around $135,000. Cash Flow Awaits!
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Finished
Cooling: Electric
Heating: Natural Gas
Lot Size: 0.06 Acres
Taxes: $19,457
Year Built: 1930
Feature Descriptions
Building Area Total: 5700
Community Features: Other, Park, Playground
Days on Site: 20
Exterior: Brick
On Market Date: 2026-06-09
Parcel Number: 03471-0004
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Seller Concession: Yes
Sewer: Public Sewer
Tenant Pays: Electricity
Units: 6
Utilities: Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Available, Trash Collection Public, Water Available
Water: Public
Local Schools
Elementary School: Ps 88 Seneca
School District: Queens24
Listed By / Shown By
Listing By
Agency Name: Sany Realty Group LLC
Agency Contact: 718-799-0726
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
TOUR PROPERTY
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Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
Joyce Realty® and Logo are registered trademarks of US Patent & Trademark Office: Reg. No. 5,743,966-Ser. No. 88-0075,379. All rights reserved.
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 06/30/2026. The listing information on this page last changed on 06/30/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/30/2026 12:00:23 AM EST) or NJMLS/ IDX (last updated Mon 06/29/2026 11:23:29 PM EST) or OneKey MLS (last updated Mon 06/29/2026 11:53:22 PM EST) or REBNY MLS (last updated Mon 06/29/2026 9:21:37 PM EST). Real estate listings held by brokerage firms other than Joyce Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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1856 Madison Street | MLS# 1011465
This commercial property located at 1856 Madison Street, Ridgewood, NY 11385 is currently listed for sale with an asking price of $1,880,000. Madison Street is located within the Queens24 school district. Search Ridgewood real estate on www.joycerealty.com today.