$1,599,000
●
Multifamily -
Off Market
64-54 Madison Street
Ridgewood, NY 11385
7 Beds
4 Baths
$8,744
Estimated Monthly
$0
HOA / Fees
33.10%
Cap Rate
About This Property
Four Free Market Apartments - Rare find in the highly sought
after Fresh Pond area - 3 Month-to-month tenants. Can be renewed at
higher rates - Currently Monthly RR is $100k, Major room for
increase in revenue - Box Rooms - Surveillance Cameras - Walking
distance to all types of restaurants and shopping - Near M train
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$892
HOA Dues
-
Year Built
1930
Last updated: 3 months ago (OneKey MLS #ONE3402434)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 3, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 10, 2023 | Price Decreased |
$1,599,000
↓ $51K
(3.1%)
|
|
| Price Decreased | |||
| Sep 10, 2023 | Relisted | $1,649,999 | |
| Relisted | |||
| Jul 19, 2023 | In contract | - | |
| In contract | |||
| May 24, 2023 | Relisted | $1,649,999 | |
| Relisted | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Shared Driveway, No Garage, On Street
Interior Details
Bathroom Information
Full Bathrooms: 4
Interior Information
Flooring Type: Hardwood
Room 1
Level: Second
Type: 2F - 2 bedroom/1 bath, 2R - 2 bedroom/1 bath
Room 2
Level: First
Type: 1F - 2 bedroom/1bath, 1R - 1 bedroom/1 bath
Room Information
Rooms: 15
Basement Information
Basement: Full, Walk-Out Access
Exterior Details
Property Information
Square Footage : 3402
Architectual Style: Semi Detached
Property Type: Residential Income
Property Sub Type: Multi Family
Year Built: 1930
Building Information
Levels: Two
Building Area Units: Square Feet
Construction Methods: Brick
Lot Information
Lot Features: Easement, Near Public Transit
Lot Size Acres: 0.06
Lot Size Square Feet: 2567
Lot Size Dimensions: 25.67x100
Land Information
Water Source: Public
Water Source: Fuel Oil Stand Alone
Financial Details
Tax Annual Amount: $10,700
Utilities Details
Cooling: Yes
Cooling: None, Window Unit(s)
Heating: Oil, Steam
Sewer : Sewer
Location Details
Directions: Madison Street off Fresh Pond Road
County or Parish: Queens
Other Details
Selling Agency Compensation: 2
On Market Date: 2022-05-24
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
7
Beds
4
Baths
-
$1,405,000
Oct 14, 2019
$1,405,000
Jan 29, 2020
$925/mo
Sold
Multifamily
7
Beds
5
Baths
-
$1,340,000
Jan 14, 2019
$1,340,000
Apr 30, 2021
$275/mo
Multifamily
7
Beds
4
Baths
-
$1,295,000
Jul 21, 2022
$1,295,000
Sep 19, 2022
$753/mo
Sold
Multifamily
7
Beds
3
Baths
-
$1,500,000
Sep 11, 2020
$1,500,000
Jan 7, 2021
$616/mo
Sold
Multifamily
8
Beds
4
Baths
-
$1,350,000
Apr 5, 2022
$1,350,000
Dec 29, 2022
$734/mo
Sold
Multifamily
6
Beds
5
Baths
-
$1,200,000
Mar 17, 2022
$1,200,000
Jul 30, 2022
$1,140/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
64-54 Madison Street
64-54 Madison Street, Ridgewood, NY 11385
- 4 Units
- 1 Unit for Sale
About Northwestern Queens
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Nearby Rentals
Last Updated: 3 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
