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1821-1823 Madison St
Ridgewood, NY 11385
1821-23 Madison Street, Ridgewood, NY 11385 · Multifamily Property For Sale · 10 Units

PROPERTY FACTS

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 11,118 SF
Average Occupancy 100%
No. Stories 3
Year Built 1930
Zoning R6B

ABOUT 1821-1823 MADISON ST , RIDGEWOOD, NY 11385

Unique two-building, 10-unit, multi-family property with a combined gross floor area of 11,118 SF on three floors. Located within Ridgewood' s South Historic District on Madison Street (between Onderdonk and Seneca Avenues). Both buildings gut renovated with modern floor plan circa 1990, with separate meters, boiler and hot water tanks for each unit. Two blocks to Seneca Avenue M Train; 3 blocks to Forest Avenue M Train and Q39 bus stop. This property offers an excellent investment, and / or 1031 exchange, opportunity in a prime location. Ridgewood is a densely settled neighborhood, with historic, exposed brick housing stock ranging from six-family buildings near the Brooklyn border to two-family and single-family row houses deeper into Queens. Most of Ridgewood was developed around the turn of the 20th century and remains largely untouched by construction since then. In Ridgewood 10 national historic districts were listed on the National Register of Historic Places in 1983: 68th Avenue-64th Place Historic District; Central Ridgewood Historic District; Cornelia-Putnam Historic District; Cypress Avenue East Historic District; Cypress Avenue West Historic District; Fresh Pond-Traffic Historic District; Madison-Putnam-60th Place Historic District; Seneca Avenue East Historic District; Stockholm-DeKalb-Hart Historic District; and Summerfield Street Row Historic District. In addition, the New York City Landmarks Preservation Commission has designated three landmark districts in Ridgewood: Stockholm Street Historic District, designated 2000; Ridgewood North Historic District, designated in 2009; Ridgewood South Historic District, designated in 2010.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 03459-0040
  • 03459-0041
Land Assessment
$13,005
Improvements Assessment
$600,860
Total Assessment
$613,865
  • Listing ID: 7288720

  • Date on Market: 5/18/2017

  • Last Updated:

  • Address: 1821-1823 Madison St, Ridgewood, NY 11385

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