Calvin Cheung
E Realty International Corp
(914) 677-0749
47 Total Sales
1 in Ridgewood
$918,000 Price
59-43 Madison St Flushing, NY 11385
Ridgewood NeighborhoodEstimated Value: $1,213,000 - $1,333,000
7
Beds
2.5
Baths
--
Sq Ft
2,000
Sq Ft Lot
Highlights
- Hot Water Heating System
- 4-minute walk to Forest Avenue
- 4-minute walk to Benninger Playground
About This Home
As of April 2024Welcome 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!
Last Agent to Sell the Property
Voro LLC Brokerage Phone: 877-943-8676 License #10401282940 Listed on: 11/27/2023
Last Buyer's Agent
Voro LLC Brokerage Phone: 877-943-8676 License #10401282940 Listed on: 11/27/2023
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,685
Year Built
- Built in 1920
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 20x100
- No Common Walls
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
Parking
- No Garage
- On-Street Parking
Schools
- Is 93 Ridgewood Middle School
- Grover Cleveland High School
Utilities
- No Cooling
- Hot Water Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 55 / 3500
- Assessor Parcel Number 03500-0055
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 27, 2023
Closed on
Apr 24, 2024
Sold by
Bought by
Seller's Agent
Nico Seepersaud
Voro LLC
Buyer's Agent
Nico Seepersaud
Voro LLC
List Price
$1,250,828
Sold Price
$1,150,000
Premium/Discount to List
-$100,828
-8.06%
Views
169
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,028
Avg. Annual Appreciation
4.18%
Original Mortgage
$175,000
Outstanding Balance
$170,887
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,093,141
Purchase Details
Closed on
Oct 12, 2023
Sold by
Bought by
Purchase Details
Closed on
Feb 4, 2017
Sold by
Bought by
Purchase Details
Closed on
Dec 5, 2002
Sold by
Bought by
Purchase Details
Closed on
Oct 24, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ridgewood, NY
-
Calvin Cheung
-
Sheila Pfeffer
Sheila Pfeffer
Responds QuicklyKeller Williams Legendary
(917) 909-4291
38 Total Sales
1 in Ridgewood
$606,000 Price
-
June Chang
June Chang
E Realty International Corp
(877) 606-5899
58 Total Sales
2 in Ridgewood
$1.1M - $1.2M Price Range
-
Raymond Rivera
Raymond Rivera
ONE STOP MULTISERVICE INC
(848) 281-0838
27 Total Sales
3 in Ridgewood
$38K - $2.5M Price Range
-
George Panagopoulos
George Panagopoulos
Douglas Elliman Real Estate
(888) 366-5951
83 Total Sales
1 in Ridgewood
$1,100,000 Price
-
John Spariosu
John Spariosu
SPARROW REALTORS LLC
(833) 508-2237
19 Total Sales
2 in Ridgewood
$440K - $695K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,150,000 | -- | ||
| $850,000 | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | First American Title Ins Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $175,000 | ||
| Closed | $125,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/24/2024 04/24/24 | Sold | $1,150,000 | -8.1% | -- |
| 02/23/2024 02/23/24 | Pending | -- | -- | -- |
| 11/27/2023 11/27/23 | For Sale | $1,250,828 | -- | -- |
Source: OneKey® MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $8,290 | $41,275 | $4,653 | $36,622 |
| 2025 | $8,117 | $41,275 | $4,964 | $36,311 |
| 2024 | $8,117 | $40,415 | $4,769 | $35,646 |
| 2023 | $7,685 | $38,263 | $4,585 | $33,678 |
| 2022 | $7,210 | $75,720 | $9,720 | $66,000 |
| 2021 | $7,239 | $62,760 | $9,720 | $53,040 |
| 2020 | $7,281 | $63,360 | $9,720 | $53,640 |
| 2019 | $7,045 | $67,440 | $9,720 | $57,720 |
| 2018 | $6,500 | $31,886 | $4,859 | $27,027 |
| 2017 | $6,135 | $30,097 | $5,743 | $24,354 |
| 2016 | $5,730 | $30,097 | $5,743 | $24,354 |
| 2015 | $3,425 | $28,663 | $7,166 | $21,497 |
| 2014 | $3,425 | $28,066 | $7,530 | $20,536 |
Source: Public Records
Agents Affiliated with this Home
-
Nico Seepersaud
Seller's Agent in 2024
Nico Seepersaud
Voro LLC
(929) 724-9192
1 in this area
13 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY3518253
APN: 03500-0055
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2026 OneKey® MLS. All rights reserved.
Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID
Nearby Homes
- 59-51 Madison St
- 59-45 Woodbine St
- 5917 Putnam Ave
- 6046 Putnam Ave
- 6031 67th Ave
- 6050 Putnam Ave
- 60-67 Putnam Ave
- Madison St
- 6010 Linden St
- 6034 Linden St
- 6728 Forest Ave
- 5929 Linden St
- 686 Fairview Ave
- 64-08 60th Place
- 6817 Forest Ave
- 6016 68th Rd
- 5926 Grove St
- 6808 Fresh Pond Rd
- 2120 Grove St
- 8-62 Woodward Ave
- 5943 Madison St
- 59-41 Madison St
- 5941 Madison St
- 59-47 Madison St Unit 2
- 5947 Madison St
- 5939 Madison St
- 5949 Madison St
- 5937 Madison St
- 5951 Madison St
- 5935 Madison St
- 5933 Madison St
- 5953 Madison St
- 6650 60th Place
- 5946 Woodbine St
- 5944 Woodbine St
- 59-40 Woodbine St Unit 2
- 5942 Woodbine St
- 5931 Madison St
- 6648 60th Place
- 5940 Woodbine St
Your Personal Tour Guide
Ask me questions while you tour the home.