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59-43 Madison Street, Ridgewood, NY 11385
$1,150,000
59-43 Madison Street, Ridgewood, NY 11385View this property at 59-43 Madison Street, Ridgewood, NY 11385
59-43 Madison StreetRidgewoodNY11385
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Property Description
Welcome to this exceptional investment opportunity in the heart of beautiful Ridgewood, a vibrant and bustling community that sets the stage for a promising investment venture. This legal 2-family property offers a unique blend of spacious living and lucrative potential. With a total of 7 bedrooms and 2.5 baths spread across its well-designed layout, this property caters to both comfort and functionality. Each unit is thoughtfully arranged, providing a versatile space for residents while offering the prospect of rental income. The property stands as a testament to meticulous upkeep, ensuring it is not only in excellent condition but also move-in ready for new occupants or tenants. The investment value is further enhanced by the full basement, partially finished and brimming with untapped potential. Whether you envision additional living space, a recreational area, or a home office, the basement provides a canvas for your creative ideas. Located in the heart of Ridgewood, residents will enjoy the benefits of a thriving neighborhood known for its diverse amenities, cultural attractions, and convenient access to urban conveniences. This property not only promises a solid return on investment but also a lifestyle embedded in the charm of Ridgewood. Seize the opportunity to own a piece of this dynamic community, where a meticulously maintained property meets the promise of a sound investment. Welcome to your new venture in the heart of Ridgewood!
Full Property Details
Full Property Details for 59-43 Madison St
General
- Sold For: $1,150,000
- Taxes: $7,685
- Status: Closed
- Type: Multi-Family
- MLS ID: 3518253
- Added to Site: 164 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 7
Parking
- Parking Features: No Garage, On Street
Location
- County: Queens
- Township: Queens
- Cross Streets: Forest Ave
- Driving Directions: google Maps
School Information
- Elem School District: Queens 24
- Midd School District: Queens 24
- High School District: Queens 24
- Middle School: Is 93 Ridgewood
- High School: Grover Cleveland High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Hot Water
- Water Heater: Gas Stand Alone
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Townhouse
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement, Partially Finished
- Common Walls: No Common Walls
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,000
- Lot Size Source: Other
- Lot Dimensions: 20 x 100
Financial Considerations
- Tax Amount: $7,685
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1.5%
- Property ID: 03500-0055
- Block: 3500
- Lot Number: 55
Listed and Sold by Voro LLC
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Schools
Schools serving 59-43 Madison St
School District:New York City Geographic District #24
Rating | Name | Grades | Distance |
---|---|---|---|
6085 Catalpa Ave, Ridgewood, NY 11385 | PK-5 | 0.3 mi | |
6656 Forest Ave, Ridgewood, NY 11385 | 6-8 | 0.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 59-43 Madison St
Date
Details
Price
Change
Source
4/24/2024
Sold
$1,150,000
-8.06%
MLS
11/27/2023
Listed
$1,250,828
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
59-43 Madison Street, Ridgewood, NY 11385 (MLS# 3518253) is a Multi-Family property that was sold at $1,150,000 on April 24, 2024. Want to learn more about 59-43 Madison Street? Do you have questions about finding other Multi-Family real estate for sale in Ridgewood? You can browse all Ridgewood real estate or contact a Coldwell Banker agent to request more information.