18-78 Madison Street

$1,599,000
Price
18
Beds
6
Baths
5,700 Sq. Ft.
$281 / Sq. Ft.
5,700
Sq. Ft.
$281
per Sq. Ft.

Description

Welcome to 1878 Madison Street, 6 Family property for Sale. Each apartment is in good condition and consists of 3 bedrooms, kitchen,living/dining area and 1 bathroom. 5 units have stabilized rent, 1 unit is free market. This property is a great income producer with the approximate gross income of $148,000 and operating expenses of around 31,500. Conveniently located, close to public transportation (2 blocks to Forest Ave M train station), stores, restaurants cafes. Great opportunity for users and...Welcome to 1878 Madison Street, 6 Family property for Sale. Each apartment is in good condition and consists of 3 bedrooms, kitchen,living/dining area and 1 bathroom. 5 units have stabilized rent, 1 unit is free market. This property is a great income producer with the approximate gross income of $148,000 and operating expenses of around 31,500. Conveniently located, close to public transportation (2 blocks to Forest Ave M train station), stores, restaurants cafes. Great opportunity for users and investors !
  1. Listed by Marek Sobolewski • Trademarko Realty Inc
    P: 718-502-5141 C: 718-502-5141 marek@trademarkorealty.com

Property Details for 18-78 Madison Street

Township
Queens
Architectural Style
Historic
Community Features
Park,Near Public Transportation
Garage Spaces
.00
Section Area
Woodward Ave
Offer Presentation
Can be Present

Location

Listing Courtesy of Trademarko Realty Inc
Add your commute
LISTING UPDATED: 04/16/2024 09:43 PM

Property Details for 18-78 Madison Street

StatusActive
MLS ID3540211
Days on Market34
Taxes$17,297 / year
Maintenance-
Min. Down Pymt-
Total Rooms24.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1930
Lot Size2,742 SF / 27' x 100'
CountyQueens County

Building

18-78 Madison St

6 Units3 StoriesBuilt in 1930

Location

Listing Courtesy of Trademarko Realty Inc
Add your commute

Building Information for 18-78 Madison Street

Stories3Residences6Year Built1930Building Size27.5' x 69'Building Sq. Ft5,692.5 SFLot Size2,742 SF / 27' x 100'Building Age-Building Type-

Payment Calculator

$10,168 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,726

Property Taxes

$1,441

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 18-78 Madison Street

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 10
  • Directions: www.google.com/maps
  • Tax Block: 3471
  • Tax Lot: 26
  • Property Attached: Yes
  • Structure Type: true
  • Levels: Three Or More
  • New Construction YN: No
  • Flood Zone Report: 0
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Queens 24
  • Elementary School District: Queens 24
  • Middle Or Junior School District: Queens 24
  • Middle Or Junior School: Is 93 Ridgewood
  • High School District: Queens 24
  • High School: Grover Cleveland High School
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 6
Room Information
Room 1 Information
  • Room Level: Basement
  • Room Type: Additional
  • RoomDescription 1: Utility Room, Storage
Room 2 Information
  • Room Level: First
  • Room Type: Living Room
  • Room Description: 2 Apartments with Living/Dining Room, Kitchen, Bath, 3 Bedrooms each
Room 3 Information
  • Room Level: Second
  • Room Type: Living Room
  • Room Description: 2 Apartments with Living/Dining Room, Kitchen, Bath, 3 Bedrooms each
Room 4 Information
  • Room Level: Third
  • Room Type: Living Room
  • Room Description: 2 Apartments Living/Dining Room, Kitchen, Bath, 3 Bedrooms each
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 03471-0026
  • Tax Map Number: 03471-0026
Interior and Exterior Features
Interior Features
  • Amenities: Historic, Near Public Transportation, Park, Public
  • Number Of Kitchens: 6.0
  • Total Rooms: 24
  • Living Area: 5700.0
  • Living Area Units: Square Feet
  • Basement: Full, Unfinished
  • Fireplaces Total: 0
  • Location Amenities: Near Public Transportation
  • Common Walls: 2+ Common Walls
Exterior Features
  • Exterior Property Features: On Street, Park, Near Public Transportation, Near Public Transit
  • Elevation Certificate: No
  • Construction Materials: Brick
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Dimensions: 27.42x100
  • Site Features: Park, Near Public Transportation, Near Public Transit
  • Building Size: 27.5' X 69'
  • Building Area Units: Square Feet
Parking
  • Parking Features: On Street
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Forced Air
  • Heat Fuel Type: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Number Of Separate Gas Meters: 6
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 7
Green Features
  • Green Features: Natural Gas, Forced Air

Property History for 18-78 Madison Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 18-78 Madison Street

Taxable ValueLand$7,200Additions$350,100Total$357,300
Home Facts
Total Finished SqFt5,700 SqFtLot Size2,742 SqFtYear Built1930ZoningR6BAPN4034710026

Schools near 18-78 Madison Street

This home is within New York City Geographic District #24.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
P.S. 88 Seneca
PublicPK to 5

Is 77
Public6 to 8

Maspeth High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

18-78 Madison Street is a multi-family home for sale in Ridgewood. This property was listed for sale on March 24, 2024 by Trademarko Realty Inc, it's currently listed at $1,599,000. This listing's school district is New York City Geographic District #24. Nearby schools include P.S. 88 Seneca, Is 77 and Maspeth High School. 18-78 Madison Street is a 18-bed, 6-bath, 5,700 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Trademarko Realty Inc

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.