Welcome to 61-19 Madison Street property in Ridgewood. This 8 Family building consists of spacious apartments (2 - three bedrooms and 6 - four bedrooms) with a total of 9200 SF of space ( the property size is enough to convert into 16 units) .*** This property is sold as a package with another 12 Family property located at 41-25 53rd Street in Woodside with 6324 SF for the total amount of $5,199,000 Net income for both buildings is $ 280,000 with actual cap rate of 5.4% Madison street building is close to the intersection with busy Fresh Pond Rd with plenty of stores, restaurants and banks, few blocks from M train subway station.