Queens  »  11385  »  Madison St  »  5954 Madison St

59-54 Madison Street, Ridgewood, NY 11385 - Property report

Also known as: 59-54 Madison St

Property image for 59-54 Madison Street, Ridgewood, NY 11385
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Property type

Over Six Families without Stores (C1)

Year built

1930

Lot sq. ft.

2,543

Sale price

$640,000

General information

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Address
Primary address
59-54 Madison Street
ZIP code
11385
Neighborhood
Ridgewood
Borough
Queens
Block & lot
03501-0036

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
5,373
Building dimensions
25.58 ft x 70 ft
Buildings on lot
1
Stories
3
Year built
1930
Building material
Sales
Sale date
06/15/2004
Sale price
$640,000
Tax
Tax year
2026-2027
Property tax
$23,743
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
8
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25.58 ft x 99.42 ft
Lot sq. ft.
2,543

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
92 /100.  Rider's Paradise
Bike score
70 /100.  Very Bikeable
School district
24
Community district
5
Closest police station
0.36 Miles
Closest fire station
0.57 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 59-54 Madison Street, Ridgewood, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 59-54 Madison Street, Ridgewood, NY 11385

Sale date Sale price Buyer name Seller name
06/15/2004 $640,000 XXX XXXXXX XXX XXXXXXX, XXXXXXXXX XXX XXXXXXX, XXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/16/2021 - R
03/31/2021 - D		 Agreement
(2021040800740005)		 XXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
04/16/2021 - R
03/31/2021 - D		 Mortgage
(2021040800740004)		 XXX XXXXXX XXX XXXXXXXX XXXXX XXXX XX
04/16/2021 - R
03/31/2021 - D		 Agreement
(2021040800740003)		 XXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
04/16/2021 - R
03/24/2021 - D		 Termination of Assign of L&R
(2021040800740006)		 XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX XXX XXXXXX XXX
04/16/2021 - R
03/24/2021 - D		 Assignment, Mortgage
(2021040800740002)		 XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX XXXXXXXX XXXXX XXXX XX
03/24/2021 - R
03/17/2021 - D		 Landmark Designation
(2021031700873001)		 XXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX
09/25/2018 - R
08/24/2018 - D		 Assignment of Leases and Rents
(2018082700835004)		 XXX XXXXXX XXX XXXXXXX XXXXXXX XXXXXXX XXXX XXXXXXXXXXX
09/25/2018 - R
08/24/2018 - D		 Agreement
(2018082700835003)		 XXXXXXX XXXXXXX XXXXXXX XXXX XXXXXXXXXXX XXX XXXXXX XXX
09/25/2018 - R
08/24/2018 - D		 Mortgage
(2018082700835002)		 XXX XXXXXX XXX XXXXXXX XXXXXXX XXXXXXX XXXX XXXXXXXXXXX
09/25/2018 - R
08/16/2018 - D		 Assignment, Mortgage
(2018082700835001)		 XXXXXXXX XXXXX XXXX X X XXXXXXX XXXXXXX XXXXXXX XXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 59-54 Madison Street, Ridgewood, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$23,743
Municipal exemptions
Recent tax assessments
Market value
$980,000
Assessed value
$441,000

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $817,000 $367,650 $190,822 12.439% $23,736 $23,736 +2.69%
2024/25 $1,021,000 $459,450 $184,922 12.5% $23,115 $23,115 +7.97%
2023/24 $954,000 $429,300 $171,244 12.502% $21,409 $21,409 +10.06%
2022/23 $864,000 $388,800 $158,569 12.267% $19,452 $19,452 +8.28%
2021/22 $750,000 $337,500 $146,827 12.235% $17,964 $17,964 -0.23%
2020/21 $823,000 $370,350 $146,786 12.267% $18,006 $18,006 +1.49%
2019/20 $722,400 $325,080 $142,248 12.473% $17,743 $17,743 +6.80%
2018/19 $602,000 $270,900 $131,726 12.612% $16,613 $16,613 +7.08%
2017/18 $573,000 $257,850 $121,976 12.719% $15,514 $15,514 +6.55%
2016/17 $534,000 $240,300 $112,944 12.892% $14,561 $14,561 +0.10%
Permits

Permit information for 59-54 Madison Street, Ridgewood, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
12/13/2011 Lblvio-low pressure boiler
06/28/1993 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Neighborhood

Queens commercial market stats

Review a detailed real estate market overview of Queens and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Queens and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$458

1.2% Y-o-Y

Q1 2026 median price/sq. ft.

$434

-0.5% Y-o-Y

2025 median price/sq. ft.

$452

4.2% Y-o-Y

Check out recently sold homes in Queens and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Forest Ave & Myrtle Ave at NW Corner
Station lines
M
Distance (miles)
0.135
View subway map

Access the detailed traffic volume map for 59-54 Madison Street, Ridgewood, NY 11385 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 59-54 Madison Street, Ridgewood, NY

60-05 Putnam Ave, Ridgewood 60-07 Putnam Ave, Ridgewood 59-50 Madison St, Ridgewood 60-19 Putnam Ave, Ridgewood 59-52 Madison St, Ridgewood 59-38 Madison St, Ridgewood 60-09 Putnam Ave, Ridgewood 59-48 Madison St, Ridgewood 59-46 Madison St, Ridgewood 60-13 Putnam Ave, Ridgewood 59-44 Madison St, Ridgewood 59-42 Madison St, Ridgewood 59-40 Madison St, Ridgewood 59-36 Madison St, Ridgewood 59-34 Madison St, Ridgewood 59-56 Madison St, Ridgewood 60-17 Putnam Ave, Ridgewood 60-15 Putnam Ave, Ridgewood 60-03 Putnam Ave, Ridgewood 60-21 Putnam Ave, Ridgewood

Nearby ZIP codes for 59-54 Madison Street, Ridgewood, NY

11104, New York City, NY 11206, New York City, NY 11207, New York City, NY 11208, New York City, NY 11212, New York City, NY 11221, New York City, NY 11233, New York City, NY 11237, New York City, NY 11239, New York City, NY 11372, New York City, NY 11373, New York City, NY 11374, New York City, NY 11375, New York City, NY 11377, New York City, NY 11378, New York City, NY 11379, New York City, NY 11416, New York City, NY 11417, New York City, NY 11418, New York City, NY 11421, New York City, NY

Frequently asked questions

What is the year built for 59-54 Madison Street, Ridgewood, NY 11385?

The development at 59-54 Madison Street, Ridgewood, NY 11385 was built in 1930.

What is the total square footage of 59-54 Madison Street, Ridgewood, NY 11385?

59-54 Madison Street, Ridgewood, NY 11385 has a total of 5,373 square feet.

When was 59-54 Madison Street, Ridgewood, NY 11385 last sold and what was the sale price?

59-54 Madison Street, Ridgewood, NY 11385 was last sold on 06/15/2004 for $640,000.

What is the assessed value of 59-54 Madison Street, Ridgewood, NY 11385?

59-54 Madison Street, Ridgewood, NY 11385 is currently assessed at $441,000.

What are the property taxes for 59-54 Madison Street, Ridgewood, NY 11385?

The property taxes for 59-54 Madison Street, Ridgewood, NY 11385 total $23,742.

How many residential units does this building have?

This building has 8 residential unit(s).

Disclaimer

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