5938 Madison Street, Ridgewood, NY 11385

$1,350,000
5
BD
2
BA
3,300
SqFt

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Sold Price
$1,350,000
Days on Market
5
Closing Date
Oct 30, 2025
MLS#
900385
Status
CLOSED
Property Type
Single Family Residence
Year Built
1901
Property Tax
$3,391
School District
Queens24
High School
Grover Cleveland High School
Jr. High
Is 93 Ridgewood
Elementary School
Ps 88 Seneca

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.

Additional Information

Bedrooms
5
Bathrooms
2
Full Baths
2
Square Footage
3,300
Acres
0.05
Basement
Partially Finished
Laundry
In Basement
Heating
Steam
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jason Corbin (jcorbin@cbamhomes.com) from Listing Office: Coldwell Banker American Homes.

Selling Office: Non-OneKey Office.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.