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  • Price increase: $55K (10/30)
    $1,050,000

    59-51 Madison St, Ridgewood, NY 11385

    12beds
    5,610sqft
    Loading
    Rental Unit
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $187/sqft
    $-- HOA

    What's special

    Modern apartments
    6 Fam Brick / Ridgewood (Great location) 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.
    12 days
    483
    35

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Tip Top Realty Management Corp. 718-541-1077,

    John Suarez

    Source: StreetEasy,MLS#: S1855768

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 6
      • Full bathrooms: 6
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 5,610
      • Total interior livable area: 5,610 sqft

      Property

      Details
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Rental Unit
      Condition
      • Year built: 1930

      Community & HOA

      Community
      • Subdivision: Ridgewood
      Location
      • Region: Ridgewood

      Financial & listing details

      • Price per square foot: $187/sqft
      • Annual tax amount: $24,276
      • Date on market: 10/30/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,655/mo

        Price history

        DateEventPrice
        10/30/2026Price change$1,050,000+5.5%$187/sqft
        Source: StreetEasy #S1855768 Report a problem
        7/23/2026Price change$995,000-5.2%$177/sqft
        Source: NY State MLS #11777765 Report a problem
        5/19/2026Listed for sale$1,050,000$187/sqft
        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.
        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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