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1717 Madison St
Flushing, NY 11385

$2,095,000 USD

Apartments For Sale  •  5,600 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,600 SF
  • Lot Size 0.06 AC
  • Building Class C
  • Year Built 1930
  • Cap Rate 5.07 %
  • Zoning R6B
100 Transit Score
98 Walk Score

Highlights

Prime Ridgewood location
Mostly Free Market
Upside opportunity

Property Flyers

Financial Summary (Actual)

Net Operating Income: $106,135 USD (2025)
Cap Rate: 5.07 %
Total Expenses: $52,925 USD

Amenities

  • Air Conditioning
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Recycling
  • Smoke Free
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 7 min - 2.7 mi
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 12 min - 3.9 mi
Transit/SubwayDriveWalkDistance
Seneca Avenue (M - New York MTA Subway (The Subway)) 1 min 3 min 0.1 mi
Forest Avenue (M - New York MTA Subway (The Subway)) 2 min 6 min 0.3 mi
Myrtle-Wyckoff Avenues (L - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 2 min 6 min 0.3 mi
Halsey Street (L Line) (L - New York MTA Subway (The Subway)) 3 min 11 min 0.6 mi
DeKalb Avenue (L Line) (L - New York MTA Subway (The Subway)) 3 min 15 min 0.8 mi
AirportDriveWalkDistance
LaGuardia 17 min - 6.8 mi
John F Kennedy International 20 min - 10.6 mi
Newark Liberty International 34 min - 18.1 mi
Tatiana Shreider 917-859-5332 Compass
Tatiana Shreider 917-859-5332 Compass