64-40 Madison Street Ridgewood, NY 11385

Listing agency Compass Global Headquarters

Listed by Theresa Show · License #NY

Source Crexi

Added: Apr 10 Updated: Jul 21 at 4:45AM Checked: Jul 22 at 12:06PM

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Investment Insights

Based on property information with market context.

This three-story walk-up multifamily building is comprised of six rent-stabilized apartments. The property is not designated as a landmark and does not lie within a landmark district. DHCR filings have been made annually, and the seller reports no overcharges pending. The listing also notes approximately 672 square feet of additional air rights.

The building is conveniently located near the M subway line.

As presented, the asset offers a straightforward residential income configuration with a small number of stabilized units and an air-rights component.

Key Highlights

• 3‑story walk‑up multi‑family building with 6 rent‑stabilized apartments
• DHCRs have been filed annually, with no overcharges pending
• Approximately 672 SF of additional air rights

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FAQs

What type of property is this?

Apartment building - Three-story walk-up building with six rent-stabilized apartments and annual DHCR filings.

Where is this apartment building located?

The property is located at 64-40 Madison Street Ridgewood, NY.

What are key features of this property?

This property features: 3‑story walk‑up multi‑family building with 6 rent‑stabilized apartments; DHCRs have been filed annually, with no overcharges pending; Approximately 672 SF of additional air rights