Nestled in the heart of the Central Ridgewood Historic District, this charming two-family home offers character, convenience, and exceptional potential. Located one block from the Forest Ave station (M Train) and walking distance to the vibrant shops, restaurants, and markets along Fresh Pond Road, this property combines historic charm with unbeatable city access.
Inside, you’ll find original woodwork throughout and classic pocket doors in the first-floor bedroom, showcasing the craftsmanship of a bygone era. The home features separate water, gas, and electric meters, making it ideal for multi-unit living or investment purposes. The partially finished basement, with its generous ceiling height and two means of egress, offers the opportunity to easily convert the property into a three-family home.
Recent improvements include a brand-new boiler and two newer hot water hydronic systems, along with a well-maintained roof that ensures peace of mind. While upgrades and cosmetic updates are needed, the home has been well cared for and will be sold as-is, allowing you to bring your vision to life.
With its combination of location, historic appeal, and income potential, 5938 Madison St is a rare opportunity in one of Queens’ most sought after neighborhoods.
Sold for $1,350,000
$1,350,000
5938 Madison Street, Ridgewood, NY 11385
5beds
3,300sqft
Single Family Residence, Residential
Built in 1901
2,010 Square Feet Lot
$1,371,300 Zestimate®
$409/sqft
$4,917 Estimated rent
Home value
$1,371,300
$1.23M - $1.52M
$4,917/mo
Zestimate® history
Owner options
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$4,917/mo
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$4,917/mo
Rent Zestimate®
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$8,204/mo
Est. payment
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$8,204/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Jason Corbin 347-328-4749,
Coldwell Banker American Homes 516-302-8500
Bought with:
Non Member-MLS
Buyer Representation Office
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 900385
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: Second
Bedroom 5
- Level: Second
Bathroom 1
- Level: First
Bathroom 2
- Level: Second
Bathroom 4
- Level: Second
Other
- Level: Basement
Den
- Level: First
Den
- Level: Second
Dining room
- Level: First
Dining room
- Level: Second
Kitchen
- Level: First
Kitchen
- Level: Second
Heating
- Steam
Cooling
- None
Appliances
- Included: Gas Oven, Gas Range, Refrigerator, Washer
- Laundry: In Basement
Features
- First Floor Bedroom, Entrance Foyer, Formal Dining
- Flooring: Carpet, Linoleum, Wood
- Windows: Oversized Windows
- Basement: Partially Finished
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
Property
Features
- Levels: Two
- Exterior features: Awning(s)
- Fencing: Chain Link
Lot
- Size: 2,010 sqft
- Dimensions: 20 x 100.5
- Features: Back Yard, Level
Details
- Parcel number: 035010027
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
- Attached to another structure: Yes
Materials
- Brick, Stucco
Condition
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Community & neighborhood
Location
- Region: Flushing
Other
Other facts
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2025 | Sold | $1,350,000+5.9%$409/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #900385 Report a problem | ||
| 8/28/2025 | Pending sale | $1,275,000$386/sqft |
Source: OneKey® MLS as distributed by MLS GRID #900385 Report a problem | ||
| 8/19/2025 | Listing removed | $1,275,000$386/sqft |
Source: OneKey® MLS as distributed by MLS GRID #900385 Report a problem | ||
| 8/14/2025 | Listed for sale | $1,275,000$386/sqft |
Source: OneKey® MLS as distributed by MLS GRID #900385 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $77,400 -6% |
| 2024 | -- | $82,380 -0.7% |
| 2023 | -- | $82,980 +11.3% |
| 2022 | -- | $74,580 +20.7% |
| 2021 | -- | $61,800 -1.1% |
| 2020 | $2,235 +1% | $62,460 -7.4% |
| 2019 | $2,214 -66.8% | $67,440 +111.5% |
| 2018 | $6,670 +8.7% | $31,886 +5.9% |
| 2017 | $6,135 +226.8% | $30,097 +6% |
| 2016 | $1,877 | $28,395 +6% |
| 2015 | $1,877 +67.9% | $26,788 +0.6% |
| 2014 | $1,118 | $26,623 +0.2% |
| 2013 | -- | $26,572 +5.9% |
| 2012 | -- | $25,081 +6% |
| 2011 | -- | $23,663 +6% |
| 2010 | -- | $22,324 +0.6% |
| 2009 | -- | $22,186 +0.2% |
| 2008 | -- | $22,144 |
Find assessor info on the county website
Neighborhood: Ridgewood
Nearby schools
GreatSchools rating
- 6/10Ps 88 SenecaGrades: PK-5Distance: 0.3 mi
- 3/10Is 93 RidgewoodGrades: 6-8Distance: 0.1 mi
- 2/10Grover Cleveland H.S.Grades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Ps 88 Seneca
- Middle: Is 93 Ridgewood
- High: Grover Cleveland High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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