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59-51 Madison St
Ridgewood NY 11385 US

$1,050,000

Active Listing ID 11777765
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12 bed
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6.00 Bath (6 Full)
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Other

$1,050,000

Active Listing ID 11777765
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59-51 Madison St 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.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 6
  • Heating Fuels: Natural Gas

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1050000
  • unparsedaddress: 59-51 Madison St
  • postalcity: Ridgewood
  • stateorprovince: NY
  • country: US
  • postalcode: 11385
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.706444
  • longitude: -73.90071
  • listagentfullname: John Suarez
  • listagentemail: js@tiptopny.com
  • listagentkey: 3yd-NYSMLS-138693
  • listagentmlsid: 138693
  • listagentpreferredphone: 917-966-6084
  • listagentofficephone: 7185411077
  • listofficekey: 3yd-NYSMLS-15882
  • listofficemlsid: 15882
  • disclaimer: Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • yearbuilt: 1930
  • listingcontractdate: 2026-05-19
  • countyorparish: Queens
  • heating: Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Other
  • rooms: Bedroom 7, Bedroom 12, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 8, Bedroom 9, Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 1, Bathroom 6, Bedroom 6, Bedroom 11, Bathroom 5, Bedroom 10, Bedroom 5, Bedroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.90071, 40.706444
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"TIP TOP REALTY MANAGEMENT CORP", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"js@tiptopny.com", "ListBrokerageCity":"GLENDALE", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"TIP TOP REALTY MANAGEMENT CORP", "ListBrokeragePhone":"917-966-6084", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"69-40 COOPER AVE", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":" 61-06 MYRTLE AVENUE", "ListOfficeAddress2":"", "ListOfficeBrokerMlsId":"15882", "ListOfficeCity":"GLENDALE", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"11385", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Other - Ridgewood, NY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5951-Madison-St_Flushing_NY_11385_M35470-62696?f=listhub&s=NYSMLS&m=11777765&c=rexren", "MLSModificationTimestamp":"2026-05-19 17:21:50", "Neighborhoods":[{"Description":null, "Name":"Ridgewood"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/2/2026 8:52:18 PM GMT
Source Updated Date: 7/8/2026 12:43:38 AM GMT

Courtesy of: John Suarez, TIP TOP REALTY MANAGEMENT CORP, js@tiptopny.com

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.