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.
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Listing Snapshot
Price
$1,275,000
Days On Site
2 Days
Bedrooms
5
Inside Area (SqFt)
3,300 sqft
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
0.0461 Acres
Year Built
1901
MLS® Number
900385
Status
Active
Property Tax
$3,391.76
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
2 days ago
Listing first seen on site
2 days ago
Listing updated with changes from the MLS®
General Features
Acres
0.0461
Cross Street
Forest Ave. and 60th Place
Direction Faces
North
Property Sub Type
Townhouse
Sewer
Public Sewer
SqFt Total
3300
Stories
Two
Utilities
Natural Gas AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected
Water Source
Public
Interior Features
Appliances
Gas OvenGas RangeRefrigeratorWasher
Basement
Partially Finished
Flooring
CarpetLinoleumWood
Heating
Steam
Interior
Entrance Foyer
Laundry Features
In Basement
Auxiliary Room
Level - Basement
Bathroom 1
Level - First
Bathroom 2
Level - Second
Bathroom 4
Level - Second
Bedroom 1
Level - First
Bedroom 2
Level - First
Bedroom 3
Level - Second
Bedroom 5
Level - Second
Den
Level - Second
Dining Room
Level - First
Kitchen
Level - Second
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Exterior Features
Construction Details
BrickStucco
Exterior
Awning(s)
Fencing
Chain Link
Lot Features
Back YardLevel
Community Features
School District
Queens24
Schools
School District
Queens24
Elementary School
Ps 88 Seneca
Middle School
Is 93 Ridgewood
High School
Grover Cleveland High School
Listing courtesy of Coldwell Banker American Homes jcorbin@cbamhomes.com
Based on information submitted to the MLS GRID as of 2025-08-16 11:49 PM EDT.
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.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.