# 1856 Madison Street, Ridgewood, NY 11385

> **TL;DR:** residential multi family, $1,880,000, built 1930. Est. $8,147/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,880,000 |
| Year Built | 1930 |
| Lot Size | 2,740 sqft (0.06 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $8,147 |
| **Total** | **$8,147** |

## Nearby Schools

- **Elementary:** Ps 88 Seneca

## Property Highlights

- Built in 1930
- 0.06 acre lot

## Description

### Agent Description
Best opportunity to own a beautiful 6-family property in the heart of Queens! The property features six spacious 3-bedroom apartments along with a full basement. A strong 7% ROI on rental income( 3 Rent Stabilized ) Measuring 27.5X69 feet on a 27.5X100 foot lot, Close to train station and all. Q58 bus station is right in front of the building.The property is surrounded by a diverse mix of cafes, restaurants, shopping centers, grocery stores Etc. And It is just a 2-minute walk to Key Food. NET Operating Income around $135,000. Cash Flow Awaits!

## Location

- **Address:** 1856 Madison Street, Ridgewood, NY 11385
- **County:** Queens
- **Coordinates:** 40.702994, -73.904963
- **Google Maps:** https://www.google.com/maps?q=40.702994,-73.904963

## Listing Agent

- **Name:** Yan Wang
- **Brokerage:** Sany Realty Group LLC
- **Phone:** 6466202250
- **Email:** evonerealestate@gmail.com

## Primary Photo

![1856 Madison Street - Primary Photo](http://lh.rdcpix.com/0ab0573f622ac7ffa550f4e7c943d8e9l-f3640995967r.jpg)

*6 total photos available on [listing page](https://www.propertysimple.com/listing/1856-madison-street-ridgewood-ny-11385-1011465)*

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**MLS#:** 1011465 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1856-madison-street-ridgewood-ny-11385-1011465)

---

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