50
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$2,899,000
Est. payment /mo
New
58-34 Catalpa AVE Ridgewood, NY 11385
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1062652
Rental Info No
Annual Tax Amount $17,770
Property Sub-Type Mixed Use
Source onekey2
Property Description
Exceptional Mixed-Use Investment Opportunity – 58-34 & 58-36 Catalpa Avenue An outstanding opportunity to acquire a substantial mixed-use investment property encompassing two attached buildings, two street addresses, and one deed. This unique property combines residential space with a large commercial space currently utilized as a funeral home, offering a diversified income-producing asset with both residential and commercial components. Each building measures approximately 20 feet by 55 feet and contains roughly 3,300 livable square feet. Both buildings feature a 6-over-6 room layout, providing spacious and versatile residential accommodations. The commercial space offers a functional funeral home layout, including a front office, viewing rooms, preparation room, two restrooms, kitchenette, basement space, and rear access. Additional features include basement storage, an elevator/lift serving the funeral home area, two storage sheds, a camera security system, central air conditioning in the funeral home, and a gas boiler heating system. The property will be delivered with 3 of the 4 apartments vacant, offering an incoming investor meaningful flexibility to renovate, re-tenant, or optimize the residential income stream. The property encompasses two adjoining lots, each measuring approximately 20 feet by 83.5 feet, for a combined frontage of approximately 40 feet. The attached buildings and multiple residential and commercial spaces create an appealing opportunity for investors seeking diversified rental income within a single ownership. With both buildings offering a 6-over-6 room configuration, approximately 3,300 livable square feet each, and a substantial commercial component, this property presents a distinctive combination of residential occupancy, established commercial use, and long-term investment potential.
Location
State NY
County Queens
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Cooling Central Air
Flooring Carpet, Hardwood, Other, Tile
Fireplace No
Exterior
Parking Features On Street
Utilities Available See Remarks
Building
Foundation Block
Sewer Public Sewer
Water Other
Structure Type Block,Brick
Schools
Elementary Schools Ps 88 Seneca
Middle Schools Joseph F Quinn Intermediate School 77
High Schools Queens24
School District Queens24
Others
Special Listing Condition None
Listed by RE/MAX Edge • Patrick Lennon
Nearby Locations
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