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Off market
  • $1,996,900

    61-27 Madison St #1, Ridgewood, NY 11385

    32beds
    9,200sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $1,996,900 Zestimate®
    $217/sqft
    $3,258 Estimated rent

    Home value

    $1,996,900

    $1.60M - $2.46M

    $3,258/mo

    Zestimate® history
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    Owner options

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    $3,258/mo

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    $3,258/mo

    Rent Zestimate®

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    $12,134/mo

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    $12,134/mo

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    What's special

    Great Opportunity to add this 8 family to your portfolio or If your looking to combine it to a 16 unit the property behind is also up for grabs .So you will have back to back Building on 2 lots being sold as well.Can be sold as a package deal. This property features 9200 sq ft of living space ,90 percent fully renovated . On a 36x100 lot, R6B zoning built in 1930 with low taxes. Very clean building and well maintained with lots of upside potential. The property features 2/3 Bedroom apartment and 6/4 Bedroom apartment.Full finish basement. with . All tenants are responsible for their own electric and cooking gas.Located in the Heart of Ridgewood only 1 Blocks from the M train. Call to schedule an exclusive viewing . Rent Roll Unit #1 - Residential, Rent Price: 2531, Bedrooms: 4, Full Baths: 1, Occupied Unit #2 - Residential, Rent Price: 2600, Bedrooms: 4, Full Baths: 1, Occupied Unit #3 - Residential, Rent Price: 1446, Bedrooms: 4, Full Baths: 1, Occupied Unit #4 - Residential, Rent Price: 2550, Bedrooms: 4, Full Baths: 1, Occupied Unit #5 - Residential, Rent Price: 1415, Bedrooms: 4, Full Baths: 1, Occupied Unit #6 - Residential, Rent Price: 1508, Bedrooms: 4, Full Baths: 1, Occupied Unit #7 - Residential, Rent Price: 1300, Bedrooms: 3, Full Baths: 1, Occupied Unit #8 - Residential, Rent Price: 2600, Bedrooms: 3, Full Baths: 1, Occupied Gross Income $191,384 Net Income $158,958 Operating Exp $32,426 Insurance Exp $3,588 Heat Exp $4,588 Electric Exp $672 Water Exp $4,200 Misc Exp $19,379 Total Exp $32,426 Paid by Landlord: Heat, Water $19,379 Total Tax

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 32
    • Bathrooms: 8
    • Full bathrooms: 8
    Interior area
    • Total interior livable area: 9,200 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1930

    Community & neighborhood

    Location
    • Region: Ridgewood

    Price history

    DateEventPrice
    12/18/2020Listing removed$3,400,000$370/sqft
    Source: One Stop MultiService Report a problem
    11/25/2020Listed for sale$3,400,000$370/sqft
    Source: One Stop MultiService Report a problem
    4/11/2020Pending sale$3,400,000$370/sqft
    Source: One Stop MultiService Report a problem
    3/6/2020Listed for sale$3,400,000$370/sqft
    Source: One Stop MultiService Report a problem
    1/24/2020Pending sale$3,400,000$370/sqft
    Source: One Stop MultiService Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Ridgewood

    Nearby schools

    GreatSchools rating