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Enjoy a positive cash flow from day one in the historic district of Ridgewood Queens on the corner of Onderdonk Avenue and Madison Street. This landmarked and well-maintained 4-unit mixed-use building with spacious apartment layouts has non-controlled/non-stabilized units with below market rents with much room for income improvement. Clean and dry basement available for lots of storage capacity.  The established medical facility that is a staple in the neighborhood pays its own utilities and 50% of the property taxes making it a profitable long-term investment.

Rent roll and profit and loss statements available upon request.

Ridgewood

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1851 Madison St, Ridgewood, NY 11385

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