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Six-Family Brick Apartment Building
For Sale
$1,189,000

18-30 Madison Street, Ridgewood, NY 11385

Commercial Sale, Ridgewood, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market9

Property Features for 18-30 Madison Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R6B
Rooms Basement
Basement Full
Elementary school Ps 88 Seneca
Middle school Joseph F Quinn Intermediate School 77
High school Grover Cleveland High School
Elementary school district Queens 24
Middle school district Queens24
High school district Queens24
Special listing conditions In Foreclosure, Real Estate Owned
Standard status Active
APN 03462-0030
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 19457

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1930
Number of units 6
Building materials Brick
Listing Agency: Keller Williams Landmark II · Keller Williams Realty
Listed By: Talaat A. Elkaray · License #40EL0920920
Added: Sep 16 Changed: Sep 17 Last Checked: Sep 24 at 7:06AM
MLS# 1051986

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.

Investment Insights

Based on property information with market context.

This six-family apartment property at 18-30 Madison Street is a brick building constructed in 1930. The property includes basement space, natural gas heating, and wall or window-based cooling. Recent upgrades have been completed, and the building is situated on a 0.0626-acre lot.

The property is located in Ridgewood, Queens, within the 11385 postal area. It is zoned R6B and has access to public water and public sewer service. The surrounding area offers transportation, shopping, restaurants, schools, and neighborhood amenities, according to the property information.

Key Highlights

  • Six‑family apartment property
  • Brick construction; built in 1930
  • 0.0626‑acre lot

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Acupuncture Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

5,438
Businesses Nearby

Demographics for 11385, NY

100,883
Population
40,175
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
28,023
Density / Sq Mi
$87,365
Median Household Income
$47,335
Median Earnings
$1,959
Median Rent
$842,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick multifamily property with basement space and public water and sewer service.
Where is this apartment building located?
The property is located at 18-30 Madison Street Ridgewood, NY.
What is the asking price?
The asking price for this property is $1,189,000.
What are key features of this property?
This property features: Six‑family apartment property; Brick construction; built in 1930; 0.0626‑acre lot
More about this property
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