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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: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 6
  • Heating Fuels: Natural Gas

Property

  • propertytype: Residential Multi Family
  • 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
  • lotsizeacres: 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: 7185411077
  • 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
  • yearbuilteffective: 1930
  • listingcontractdate: 2026-05-19
  • countyorparish: Queens
  • heating: Natural Gas
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • parkingfeatures: Garage
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen
  • 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, "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":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"69-40 COOPER AVE", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"61-06 MYRTLE AVENUE", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"GLENDALE", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"11385", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Walk-up, Multi-Unit (5+) - 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":"2026-05-19T18:21:50Z", "Neighborhoods":[{"Description":null, "Name":"Ridgewood"}], "PostalCode":null, "RawPropertySubType":"Multi-Unit (5+)", "RawPropertyType":"Multi-Unit (5+)", "RoomCount":0, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":0, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/20/2026 12:05:02 AM GMT
Source Updated Date: 5/21/2026 6:47:26 PM 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.