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Sold for $1,150,000 on 04/24/24
  • $1,150,000

    59-43 Madison Street, Ridgewood, NY 11385

    7beds
    --sqft
    Duplex, Multi Family
    Built in 1920
    -- sqft lot
    $1,384,500 Zestimate®
    $--/sqft
    $3,920 Estimated rent

    Home value

    $1,384,500

    $1.20M - $1.58M

    $3,920/mo

    Zestimate® history
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    $3,920/mo

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    $3,920/mo

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    $6,797/mo

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    $6,797/mo

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    What's special

    Welcome to this exceptional investment opportunity in the heart of beautiful Ridgewood, a vibrant and bustling community that sets the stage for a promising investment venture. This legal 2-family property offers a unique blend of spacious living and lucrative potential. With a total of 7 bedrooms and 2.5 baths spread across its well-designed layout, this property caters to both comfort and functionality. Each unit is thoughtfully arranged, providing a versatile space for residents while offering the prospect of rental income. The property stands as a testament to meticulous upkeep, ensuring it is not only in excellent condition but also move-in ready for new occupants or tenants. The investment value is further enhanced by the full basement, partially finished and brimming with untapped potential. Whether you envision additional living space, a recreational area, or a home office, the basement provides a canvas for your creative ideas. Located in the heart of Ridgewood, residents will enjoy the benefits of a thriving neighborhood known for its diverse amenities, cultural attractions, and convenient access to urban conveniences. This property not only promises a solid return on investment but also a lifestyle embedded in the charm of Ridgewood. Seize the opportunity to own a piece of this dynamic community, where a meticulously maintained property meets the promise of a sound investment. Welcome to your new venture in the heart of Ridgewood!

    Zillow last checked: 8 hours ago

    Listing updated: November 21, 2024 at 05:51am

    Listed by:

    Nico Seepersaud 929-724-9192,

    Voro LLC 877-943-8676

    Bought with:

    Nico Seepersaud, 10401282940

    Voro LLC

    Source: OneKey® MLS,MLS#: L3518253MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Hot Water
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Full,Partially Finished
    • Attic: None
    • Has fireplace: No

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 2,000 sqft
    • Dimensions: 20 x 100
    Details
    • Parcel number: 035000055

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Brick
    Condition
    • Year built: 1920

    Utilities & green energy

    • Gas: Separate Gas Meters: 2
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Ridgewood

    Other

    Other facts
    • Listing agreement: Exclusive Agency

    Price history

    DateEventPrice
    4/24/2024Sold$1,150,000-8.1%
    Source: OneKey® MLS #L3518253 Report a problem
    2/27/2024Pending sale$1,250,828
    Source: OneKey® MLS #3518253 Report a problem
    11/27/2023Listed for sale$1,250,828+47.2%
    Source: OneKey® MLS #3518253 Report a problem
    10/23/2023Sold$850,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $82,380 +1.6%
    2023-- $81,120 +7.1%
    2022-- $75,720 +20.7%

    Find assessor info on the county website

    Neighborhood: Ridgewood

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Is 93 Ridgewood
    • High: Grover Cleveland High School

    Source: OneKey® MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.