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MLS ID KEY1011465Last updated Jun 9, 2026

Multi Family

1856 Madison Street

Active · Queens, NY 11385

Asking price$1,880,000Request a Showing
Year built
1930
Est. monthly taxes
$1,621.44
Property gallery0 / 6
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About this home

Best opportunity to own a beautiful 6-family property in the heart of Queens! The property features six spacious 3-bedroom apartments along with a full basement. A strong 7% ROI on rental income( 3 Rent Stabilized ) Measuring 27.5X69 feet on a 27.5X100 foot lot, Close to train station and all. Q58 bus station is right in front of the building.The property is surrounded by a diverse mix of cafes, restaurants, shopping centers, grocery stores Etc. And It is just a 2-minute walk to Key Food. NET Operating Income around $135,000. Cash Flow Awaits!

Listing snapshot

Days on site
59 days
Listed on MLS
Jun 9, 2026
Annual property tax (MLS)
$19,457.24
Tax year
2025
Listing brokerage
Sany Realty Group LLC
MLS ID
KEY1011465
Last updated
Jun 9, 2026

General features

Property type
Multi Family
Year built
1930
Parking
None
Water source
Public
Sewer
Public Sewer
Utilities
Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Available, Trash Collection Public, Water Available

Interior features

Basement
Finished
Heating
Natural Gas
Cooling
Electric

Exterior features

Construction materials
Brick

Schools (MLS)

Elementary school
Ps 88 Seneca
Elementary school district
Queens 24
Middle school district
Queens24
High school district
Queens24

School information is provided by the MLS. Confirm attendance eligibility with the school district.

Recent activity

  1. First seen on this site
  2. Listing updated from MLS
  3. MLS status changed

Location

Queens, NY 11385Show interactive map
1856 Madison Street

Queens, NY 11385

Google Maps directions

Listing data is supplied by the MLS and may change without notice.