2 months on rocket

17-17 Madison St, Ridgewood, NY, 11385

$2,560,000

12 Bedrooms
6 Full Baths
5,508 SqFt
$465/SqFt
Multi
Schools Nearby

Location

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1930
HeatingNatural Gas, Steam
CoolingWindow Unit(s)
BasementYes
MLS #3533233
Lot Size0.06 Acres
StatusActive
(A)

About 17-17 Madison St

Well maintained brick 6 Family in the heart of Ridgewood. 4 Free-Market Apartments and 2 Rent stabilized Apartments. Clean huge open space basement with separated entrance. 3 blocks to M & L train station Myrtle-Wyckoff Avs. Rent: $14812/month, all tenants are paying on time; GAS & Electric $900/month, Water $800/month. Insurance $8500/yr, Tax $17296.24. Great investment for more upside.

Property Details

Property Features

Property Information:

  • Architectural Style: Apartment
  • Year Built: 1930
  • Living Area: 5,508 SqFt

Listing Office:

  • Office Name: RE/MAX 1st Choice
  • Office Phone: (516) 888-6000

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: GOOGLE MAP

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,560,000
  • Price Per SqFt: $465/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

17-17 Madison St vs New York

64 DAYS ON ROCKET

-32 Days

$2,560,000

+$1.7M More

$465/SqFt

-$172 Less

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $172/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3533233

Listing Office:

  • Office Name: RE/MAX 1st Choice
  • Office Phone: (516) 888-6000

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/27/2024, 8:11:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$12.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,742

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1116023
5
/10
  • PS 239

  • 1715 Weirfield St

  • 0.25 miles

  • Public District Grades PK-5

school-card-donut-1116024
3
/10
  • PS 81 Jean Paul Richter

  • 559 Cypress Ave

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-1116025
8
/10
  • Bushwick Ascend Charter School

  • 751 Knickerbocker Ave

  • 0.40 miles

  • Public Charter Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,696. The majority of New York, NY residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

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Rocket Homes›New York›Queens County›New York›11385›17-17 Madison St

This home is located at 17-17 Madison St in Ridgewood, NY and zip code 11385 in the Ridgewood neighborhood. This 5,508 square foot home, which was built in 1930, sits on a 0.06 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $2,560,000.

In March 2024 more than 154 listings in New York, NY were sold above the asking price. During the same period more than 645 listings were sold at asking price, while more than 748 were sold below. In March 2024 in New York, NY there were 3.7% more homes for sale than in February 2024. In March 2024 median list price was $845,489 and the average listing age was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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