Marcus & Millichap - Tri Borough Multi-Family

6120 Madison Street

6120 Madison Street
Ridgewood , Queens
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Price: $1,950,000
Building Size: 9,200 Square Feet
Property Type: Multi Family
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew(dotted)Fotis(at)marcusmillichap(dotted)com
Tyler Schadt
Tel: 212-430-5207
Tyler.Schadt@marcusmillichap.com
INVESTMENT OVERVIEW:

Marcus & Millichap is pleased to offer 61-20 Madison Street, located between Fresh Pond Road and Madison Street in the Ridgewood section of Queens. The subject property is a four story residential building that consists of eight units in total. The property is built 36 ft x 64 ft and sits on a 36 ft x 100 ft lot with approximately 9,200 gross square feet. The property is zoned R6-B (Block: 3619, Lot: 27)

This property offers investors the opportunity to capitalize on the strong Multi Family market occurring in the Ridgewood section of Queens, New York.

Investment Highlights:

  • Back Yard Access through First Floor
  • Large Four and Three Bedroom Apartments
  • Half a Block from Fresh Pond Road Retail
  • Two Blocks from “M” Subline | 30 Minutes To Manhattan
  • Rents Well Below Market