This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1821-1823 Madison St
Ridgewood, NY 11385
Multifamily Property For Sale
·
10 Units
PROPERTY FACTS
| No. Units | 10 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 11,118 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1930/1984 |
| Zoning | R6B | ||
| 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/Renovated | 1930/1984 |
| 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 1984, with separate meters, boiler and hot water tanks for each unit. Hardwood floors throughout; Excellent condition; Significant upside potential to improve revenue. 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. See attached brochure for additional building information and proforma financials.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 2 | - | - |
| 2+1 | 6 | - | - |
| 1+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $600,860 | |
| Land Assessment | $13,005 | Total Assessment | $613,865 |
PROPERTY TAXES
