Six-Family Brick Apartment
For Sale
Contact for pricing
1824 Madison St, Flushing, NY 11385
Six-family brick building with a shared roof, backyard, and full basement, offering multiple 3-bedroom apartment units.
Property SizeContact for details
Days on Market123
Property Features for 1824 Madison St
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
R6B
Additional Details
Cap Rate
3%
Multifamily Units
6
Listing Agency:
Capri Jet Realty Corp
(718) 388-2188
Listed By:
Theo Eastwind · License #NY 10301212398
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 4:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capri Jet Realty Corp
Investment Insights
Based on property information with market context.
This six-family brick apartment building offers a 2 Free Market apartments plus four rent-stabilized apartments, along with one vacant regulated unit. Each apartment unit is configured as 3 bedrooms and 1 bathroom. The property includes shared roof access, a backyard, and a full basement that can support additional storage needs.
The building is located at 1824 Madison St in Queens (Ridgewood), with transit access described as approximately two blocks to the Seneca M and about eight minutes to the Myrtle-Wyckoff L trains.
Per the provided details, leases noted for rent-stabilized units are scheduled to end on 04/20, and one additional unit is vacant. Zoning is listed as R6B with FAR of 2 and max FAR of 2. Building dimensions are identified as 27.25 ft by 68 ft, on a lot measuring 27.25 ft by 100.08 ft.
The building is located at 1824 Madison St in Queens (Ridgewood), with transit access described as approximately two blocks to the Seneca M and about eight minutes to the Myrtle-Wyckoff L trains.
Per the provided details, leases noted for rent-stabilized units are scheduled to end on 04/20, and one additional unit is vacant. Zoning is listed as R6B with FAR of 2 and max FAR of 2. Building dimensions are identified as 27.25 ft by 68 ft, on a lot measuring 27.25 ft by 100.08 ft.
Key Highlights
- Brick 6‑family building at 1824 Madison St, Queens, NY 11385, with a backyard and full basement
- All apartments are 3BR/1BA, for a total of 18 bedrooms and 6 bathrooms
- Unit mix: 2 free‑market apartments (1 vacant) plus 3 rent‑stabilized apartments; vacancy noted with 3R vacant
Property Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
4,971
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-family brick building with a shared roof, backyard, and full basement, offering multiple 3-bedroom apartment units.
Where is this apartment building located?
The property is located at 1824 Madison St Flushing, NY.
What are key features of this property?
This property features: Brick 6‑family building at 1824 Madison St, Queens, NY 11385, with a backyard and full basement; All apartments are 3BR/1BA, for a total of 18 bedrooms and 6 bathrooms; Unit mix: 2 free‑market apartments (1 vacant) plus 3 rent‑stabilized apartments; vacancy noted with 3R vacant
