$995,000

59-51 Madison St, Ridgewood NY, 11385

Built in1930

Property typeCommercial

Overview

Active

Updated 2 weeks ago

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.

Additional information

MLS^® ID: 11777765
Available since: May 19, 2026

Interior Features

Bedrooms: 12
Bathrooms: 6
Heating: Yes
Basement: Yes

Courtesy of TIP TOP REALTY MANAGEMENT CORP with ,
Listing Contact:

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