6120 Madison Street
6120 Madison Street
, Queens
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
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