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For sale
  • $1,050,000

    59-51 Madison St, Ridgewood, NY 11385

    12beds
    --sqft
    Multi Family
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern apartments
    Presenting a well-maintained six-family property located in one of Ridgewood's most desirable and convenient neighborhoods. This fully occupied building offers immediate, stable rental income. The property features modern apartments, including a brand-new renovation in Apartment 2L, enhancing both value and tenant appeal. Two of the units are lead-free, providing added peace of mind and compliance benefits. The building is equipped with 200-amp electrical service, supporting today's energy demands efficiently. Ideally situated near public transportation, shopping, dining, and local amenities, this location continues to attract high tenant demand, making it a solid long-term investment. Whether you're expanding your portfolio or entering the multifamily market, this Ridgewood property offers a compelling combination of location, condition, and income potential.
    2 days
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    464
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    40
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    Zillow last checked:

    Listing updated:

    Listing by:

    TIP TOP REALTY MANAGEMENT CORP 718-541-1077,

    John Suarez 718-541-1077

    Source: NY State MLS,MLS#: 11777765

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 6
      • Full bathrooms: 6
      Heating
      • Gas
      Features
      • Basement: Full,Partially Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 0
      • Finished area above ground: 0

      Property

      Features
      • Stories: 3
      • Frontage length: 0
      Lot
      • Features: Near Bus, Near Train
      Details
      • Lease amount: $0

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Electric: Amps(200)
      • Sewer: Municipal
      • Water: Municipal
      • Utilities for property: Naturl Gas Available

      Community & HOA

      Community
      • Subdivision: Ridgewood
      HOA
      • Has HOA: No
      Location
      • Region: Ridgewood

      Financial & listing details

      • Date on market: 5/19/2026
      • Date available: 05/19/2026
      • Listing agreement: Exclusive

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/19/2026Listed for sale$1,050,000
        Source: NY State MLS #11777765 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Ridgewood

        Getting around

        89 / 100
        Very Walkable
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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