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12-bedroom apartment for sale in Ridgewood

59-51 Madison St, Ridgewood, Queens, New York, NY, 11385

$1,050,000
Asking price · in USD · Price history

Zillow value estimate: $921,200

Size
5,610 ft² (521 m²)
Available
Now

About this home

Apartment for sale in Ridgewood, Queens: 12 bedrooms, 6 bathrooms, 5,610 ft². Asking price $1,050,000. Built in 1930.

From the original listing · ZillowShow

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.

Description from Zillow, shown as published there. See the original listing

Roofy listing score

Grade C, 69/100 · Fairly complete

How complete and honest this listing is, from what the source sites show and Roofy’s own checks. It isn’t a rating of the home or the agent. How the score works

  • Photos25/25
    • Full points: 17 photos15/15
    • Full points: Large, clear photos (about 1,024 px)10/10
  • Details15/20
    • Full points: Price stated3/3
    • Full points: Bedrooms stated2/2
    • Full points: Bathrooms stated2/2
    • Full points: Size stated2/2
    • Does not apply: Move-in date: does not apply2/2
    • Does not apply: Lease length: does not apply1/1
    • No points: No pet policy0/1
    • No points: Laundry not mentioned0/1
    • No points: Heat and utilities not mentioned0/1
    • No points: No amenities listed0/2
    • Full points: Description of 131 words3/3
  • True cost7/15
    • No points: No running costs stated (HOA, service charge or taxes)0/8
    • Full points: Price in line with similar homes in its neighborhood7/7
  • Accuracy12/15
    • Full points: 2 sites agree on the price, bedrooms and size6/6
    • Problem: Differs from city records (built 1909, 6 homes)2/5
    • Full points: Confirmed on its source site yesterday4/4
  • Legal10/10
    • Full points: No fair-housing problems found in the wording6/6
    • Full points: The agent’s license is active4/4
  • Trust0/15
    • No points: Not claimed on Roofy by the agent or owner0/10
    • No points: The agent is not verified on Roofy0/5

Listed this home? Claim your agent page to add the trust points.

Scored Nov 2, 2026 · Score version 1. No one can pay to change a score.

Buying costs

What this price means for you: the monthly payment, and New York’s mansion tax, which the buyer pays on a home of $1 million or more.

Price history

High $1,050,000 · Low $995,000Asking price, as listed
May 2026Nov 2026
DatePrice
Oct 31, 2026First seen on Roofy (via StreetEasy)$1,050,000
Oct 30, 2026Price changed · Zillow$1,050,000
Jul 23, 2026Price changed · Zillow$995,000
May 19, 2026Listed for sale · Zillow$1,050,000

From the listing sites’ own records and what Roofy has seen since. Newest first.

Compared with the area

Asks $1,050,000, 23% below the median asking price for homes for sale with 4+ bedrooms in Ridgewood.

Median here
$1,369,000
15 listings, last 90 days

6.7% of these listings have cut their price.

Asking prices of listings on Roofy and listing sites in the last 90 days, not signed leases or sale prices. One currency, never converted.

More about Ridgewood

Location

Location as the listing shows it.Open in Google Maps

Nearby transit

  • Forest AvM5 min walk
  • Fresh Pond RdM6 min walk
  • Seneca AvM11 min walk

Nearby public schools · District 24

Distance only, not school zones. Check the zoned school with NYC Public Schools.

The building

6 units · 3 floors · built 1909

Building record (NYC)

NYC records as of Nov 1 (weekly)

59-51 Madison Street · BBL 4-03500-0050 · built 1909 · 6 units

Roofy building score 91/100 · Well keptAbout the building, from HPD violations. Not an inspection.
Building type
Walk-up apartment building
Open HPD violations
2 (A 0 · B 2 · C 0)
Heat complaints
0 this season
Complaints, last 12 months
0
Rent stabilization
Had 6 units in 2024 tax bills (likely)
Last sale (12-month file)
No sales in our 12-month file

No open immediately hazardous (Class C) violations.

See the full building record

Public NYC records about the building, not about the person listing it. Buyers and renters can see them on city websites too. Source: NYC Open Data (DCP PLUTO, HPD, DOF).

Added to Roofy Oct 31, 2026Last checked on Zillow Oct 31, 2026Roofy doesn’t verify listings. Never send money before seeing a home.