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    18-74 Madison St Ridgewood, NY 11385

    Picture of Apartment buildings at Madison St 18-74, Ridgewood, NY
    Pending
    For Sale
    $1,299,000

    Multi Family - Ridgewood, NY

    Type:Single Family Attached
    Property size:
    5,700 SF
    Days on Market:
    249
    Last Refresh:
    Dec 8 at 10:06 am

    Property Features for 18-74 Madison St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Pending
    Rooms
    Basement
    Basement Y/N
    1
    Size
    5,700 SF

    Utilities

    Heating system
    Steam
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1930
    Number of units
    6
    Building materials
    Stone
    Architectural style
    Other

    Charles Rutenberg Realty, Inc. (516) 575-7500 [email protected]

    Listing agent Sida Zhuoma CBR (516) 575-7500 License #10401271778

    Listing date Apr 4, 2025

    MLS# 833242 Listing URL

    Copyright © 2025 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.

    Overview

    Ridgewood Multifamily Investment Opportunity

    Located at 18-74 Madison St in Ridgewood, NY, this three-story stone building presents an investment opportunity. The property features six apartments, each with three bedrooms. The building is constructed of stone, offering durability and potentially lower maintenance. The location provides convenient access to public transportation, shopping, dining, and entertainment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ridgewood
    County
    Queens
    State
    New York
    Longitude
    -73.907089
    Latitude
    40.7010691

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained, three-story building with six spacious apartments in prime location.
    Where is this apartment building located?
    The property is located at 18-74 Madison St Ridgewood, NY.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: - Six spacious apartments, each with three bedrooms; - Durable, low-maintenance stone construction; - Prime location in the heart of Ridgewood with easy access to transportation, shopping, dining, and entertainment
    (516) 575-7500
    Request Owner's contact information
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    Ridgewood, NY 11385
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18-74 Madison St Ridgewood, NY 11385
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