Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: Pets No

Financials

Price:$1,138,000
Annual Taxes:$20,544.88
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Mitra Hakimi Realty Group LLC

Description

Welcome to 64-24 Madison Street, a well-maintained brick multi-family building located in the heart of Ridgewood, Queens. Situated on a spacious 32 x 100 lot, this three-story property features six residential units, each with a classic railroad-style layout. Each story provides two apartments each with multiple bedrooms, kitchen, living room, and a full bathroom. The building also provides a full unfinished basement with access to the back yard. Five out of six units are currently occupied, owner's unit to be delivered vacant - potential for an additional $25k in annual revenue. Located just moments from the Fresh Pond Road subway station (M Train) and multiple bus lines, commuting is convenient and efficient. The surrounding neighborhood is rich with amenities, including local schools, shopping, and places of worship, all within easy reach. This is a rare opportunity to own a sizable, income-generating property in one of Ridgewood’s most desirable locations.

Amenities

  • Natural Gas Available
  • Refrigerator
  • Stainless Steel Appliance(s)

Welcome to 64 24 Madison Street, a well maintained brick multi family building located in the heart of Ridgewood, Queens.


    Long Island MLS

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.