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18-30 Madison StreetRidgewood, NY 11385

For Sale

$1,129,000

Smart Buyer Rebate $14,113

Welcome to 18-30 Madison Street, Ridgewood, NY. An excellent opportunity to own a large well-maintained six-family property in one of Queens’ most sought-after and vibrant neighborhoods. This property is in good condition and features numerous recent upgrades. The property currently generates approximately $110,000 in annual income and offers a cap rate of over 6.5%, making it an attractive opportunity for investors and young end-user or first-time multi-family buyer, this property offers the opportunity to live in one of the units while the rental income from the other apartments helps offset the mortgage and ownership expenses. Located in prime Ridgewood, with convenient access to transportation, shopping, restaurants, schools, and neighborhood amenities.

Listed by Talaat A. Elkaray

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Keller Williams Landmark II

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347-846-1200

Last updated October 13, 2026

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Source: OneKey #1052522

Listing Facts

  • TypeMulti-family
  • NeighborhoodRidgewood
  • Days on Prevu44
  • Taxes$19,554/year

Location

Mortgage Calculator

Listing History

10/07/2026
Price Decreased
$1,129,000
09/17/2026
Listed by Keller Williams Landmark II
$1,189,000
  1. 10/07/2026$1,129,000
    Price Decreased
  2. 09/17/2026$1,189,000
    Listed by Keller Williams Landmark II

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$11,290
Title Insurance
$5,081
Bank Attorney
$1,500
Mortgage Recording Tax
$17,386
Other Closing Costs
$4,000
Total
$43,257

Estimated closing costs are based on the list price of $1,129,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 18-30 Madison Street

Exterior

Construction

  • Number Of Units Total: 6
  • Property Attached: Yes
  • Year Built: 1930
  • Construction Materials: Brick

Measurements

  • Building Area Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $19,554.00
  • Tax Year: 2026

Interior

Features

  • Interior Features: Entrance Foyer

Rooms

  • Basement: Full
  • Has Basement: Yes

Schools

Elementary School

  • Elementary School: Ps 71 Forest
  • Elementary School District: Queens 24

High School

  • High School: Grover Cleveland High School
  • High School District: Queens24

Middle or Junior School

  • Middle Or Junior School: Is 93 Ridgewood
  • Middle Or Junior School District: Queens24

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Underground Utilities, Water Available, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 18-30 Madison Street.

What schools are nearby to 18-30 Madison Street?

Nearby schools include the Ps 71 Forest Elementary School, Is 93 Ridgewood Middle School, and Grover Cleveland High School.

What are the annual taxes for 18-30 Madison Street?

Annual taxes for this multi-family home are estimated at $19,554.

How does 18-30 Madison Street compare to other multi-family homes in Ridgewood?

This multi-family home is listed 37% below the average price for multi-family homes in Ridgewood and has been on the market for 60 less days than the typical home in this area.

18-30 Madison Street is a -bedroom multi-family home for sale in Ridgewood NY 11385. Available on Prevu for 44 days at $1,129,000. This includes a recent price decrease of $60,000. This home is located in Ridgewood. The median listing price for multi-family homes in this area is $1,294,500. Nearby schools include Ps 71 Forest Elementary School, Is 93 Ridgewood Middle School, and Grover Cleveland High School. Explore more multi-family home listings in Queens.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.