Property Listing No Longer Available for Sale

18-71 Madison Street, Ridgewood, NY

Multi-family for Sale - $1,888,000 - 5,600 Sq. Ft. on 0.06 acres


Property Info

CIMLS#1040496
Location
  18-71 Madison Street
  Ridgewood NY 11385
UpdatedMarch 10th, 2019
TypeMulti-family
Price$1,888,000
Building5,600 Sq. Ft.
Land0.06 acres

Property Description

PRICED FOR QUICK SALE ! Classic 6 Family , well maintained building ( 3 ) Stories ; ( 5600 Approx.Int.Sq.Ft.) ; Yearly RE Taxes $ 13795; New Heating system Boiler is gas fired w/separate Water Heater , Updated electrical system / new panels with circuit breakers , New Roof . All apartments are 5 1/2 rooms RR Style ; 1 apartment is currently vacant and ready to be renovated and to be rented at the current rental value of $ 2200/month. Great Location 3 blocks from subway and 1 block to bus service , near all shopping and transportation ,schools and houses of worship. BE THE LUCKY BUYER! HURRY !!!!!!!!!!

Yearly Expenses: RE Taxes $ 13795 ( 2018) ; Heating $ 8434 ; Water/Sewer $6362 ;Electricity $ 1513; Insurance $ 3810 .

Yearly Income: $ 102,780 ; No Rent Control Apartments In This Building .


Financials



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