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$1,350,000
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Property Description
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.
Full Property Details
Full Property Details for 59-38 Madison St
General
- Sold For: $1,350,000
- Taxes: $3,391
- Status: Closed
- Type: Single Family
- Source: Long_Island
- MLS ID: 900385
- Added to Site: 155 day(s) ago
Interior
- Number of Rooms: 14
- Interior Features: First Floor Bedroom, Entrance Foyer, Formal Dining
- Appliances: Gas Oven, Gas Range, Refrigerator, Washer
- Laundry Facilities: Yes
- Flooring: Carpet, Linoleum, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Basement
Exterior
- Exterior Features: Awning(s)
Location
- County: Queens
- Cross Streets: Forest Ave. and 60th Place
- Driving Directions: GPS
- Direction Faces: North
School Information
- High School District: Queens24
- Elementary School: Ps 88 Seneca
- Middle School: Is 93 Ridgewood
- High School: Grover Cleveland High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Steam
- Heating Zones: 2
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick, Stucco
- Basement: Yes
- Basement Desc.: Partially Finished
- Windows: Oversized Windows
- Building Size: 3300
- Square Feet: 3,300
- Sq. Ft. Source: Public Records
- Year Built: 1901
Lot Features
- Lot Size (Acres): 0.0461
- Lot Size (Sq. Ft.): 2,010
- Lot Dimensions: 20 x 100.5
- Fence: Yes
- Lot Features: Back Yard, Level
- Fencing (Description): Chain Link
Financial Considerations
- Tax Amount: $3,391.76
Disclosures and Reports
- Special Conditions: None
- Property ID: 03501-0027
- Block: 3501
- Lot Number: 27
Listed by Coldwell Banker American Homes
Sold by Non-OneKey Office
Get Pre-Approved Today
Schools
Schools serving 59-38 Madison St
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 88 Seneca 60-85 Catalpa Ave, Queens, NY 11385 | PK-5 | 0.3 mi |
Is 93 Ridgewood 66-56 Forest Ave, Queens, NY 11385 | 6-8 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 59-38 Madison St
Date
Details
Price
Change
Source
10/30/2025
Sold
$1,350,000
5.88%
MLS
8/14/2025
Listed
$1,275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5938 Madison Street, Ridgewood, NY 11385 (MLS# 900385) is a Single Family property that was sold at $1,350,000 on October 30, 2025. Want to learn more about 5938 Madison Street? Do you have questions about finding other Single Family real estate for sale in Ridgewood? You can browse all Ridgewood real estate or contact a Coldwell Banker agent to request more information.

