

Welcome to 18-30 Madison Street, Ridgewood, NY. An excellent opportunity to own a well-maintained large six-family property in one of Queens' most sought-after and vibrant neighborhoods. This property is in good condition and features numerous recent upgrades. The property currently generates approximately $110,000 in annual income and offers a cap rate of over 6.5%, making it an attractive opportunity for investors and a young end-user / first-time multi-family buyer to live in one of the units while the rental income from the other apartments helps offset the mortgage and property expenses. Located in prime Ridgewood, with convenient access to transportation, shopping, restaurants, schools, and neighborhood amenities.
| Type | School name | District name |
|---|---|---|
| High | Grover Cleveland High School | Not available |
| Not available | Not available | Not available |
| Elementary | Ps 88 Seneca | Not available |
| Not available | Not available | Not available |
| Middle | Joseph F Quinn Intermediate School 77 | Not available |
| Not available | Not available | Not available |
| Juniorhigh | Joseph F Quinn Intermediate School 77 | Not available |
| Not available | Not available | Not available |
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $19457 | NZD $34,260* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Keller Williams Landmark II
Property ID: 110110222087
Original Property ID: 3yd-MLSLINY-1051986