58-34 Catalpa AVE, Ridgewood, NY 11385
58-34 Catalpa AVE, Ridgewood, NY 11385
58-34 Catalpa AVE, Ridgewood, NY 11385
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Christine Sardinha

Christine Sardinha

+1(718) 404-4132
$2,899,000
Est. payment /mo
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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

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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by RE/MAX Edge • Patrick Lennon

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Christine Sardinha

Christine Sardinha

+1(718) 404-4132

Broker Associate License ID: 10301202073

Broker Associate License ID: 10301202073

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