59-51 Madison St, Ridgewood, NY 11385

$995,000
12
BD
6
BA

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List Price
$995,000
Price Change
▼ $55,000 1784847482
Days on Market
93
Status
ACTIVE
MLS#
11777765
Bedrooms
12
Bathrooms
6
Full Baths
6
Year Built
1930

Property Description

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

Neighborhood
Ridgewood
Stories
3

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Calculator source: Real Geeks

Listing courtesy of John Suarez with TIP TOP REALTY MANAGEMENT CORP