718-896-0777 info@realtydepotny.com
logo
  • Home
  • Listings
    • Our Listings
    • Our Rentals
    • Search Properties
    • Open Houses
    • Sold Properties
    • Rented Listings
    • List With Realty Depot
  • About Us
    • About Us
    • Blog
    • List With Realty Depot
  • Our Agents
  • Testimonials
  • Contact Us
  • Fair Housing Notice

Single Family House for Sale in Ridgewood, New York, Queens, NY 11385 | Web ID: 880094 | $1,587,500

 
Single Family in New York - Catalpa  Queens, NY 11385Single Family Catalpa  Queens, NY 11385, MLS-880094-2Single Family Catalpa  Queens, NY 11385, MLS-880094-3Single Family Catalpa  Queens, NY 11385, MLS-880094-4Single Family Catalpa  Queens, NY 11385, MLS-880094-5Single Family Catalpa  Queens, NY 11385, MLS-880094-6Single Family Catalpa  Queens, NY 11385, MLS-880094-7Single Family Catalpa  Queens, NY 11385, MLS-880094-8Single Family Catalpa  Queens, NY 11385, MLS-880094-9Single Family Catalpa  Queens, NY 11385, MLS-880094-10Single Family Catalpa  Queens, NY 11385, MLS-880094-11Single Family Catalpa  Queens, NY 11385, MLS-880094-12Single Family Catalpa  Queens, NY 11385, MLS-880094-13Single Family Catalpa  Queens, NY 11385, MLS-880094-14Single Family Catalpa  Queens, NY 11385, MLS-880094-15Single Family Catalpa  Queens, NY 11385, MLS-880094-16Single Family Catalpa  Queens, NY 11385, MLS-880094-17Single Family Catalpa  Queens, NY 11385, MLS-880094-18Single Family Catalpa  Queens, NY 11385, MLS-880094-19Single Family Catalpa  Queens, NY 11385, MLS-880094-20Single Family Catalpa  Queens, NY 11385, MLS-880094-21Single Family Catalpa  Queens, NY 11385, MLS-880094-22Single Family Catalpa  Queens, NY 11385, MLS-880094-23Single Family Catalpa  Queens, NY 11385, MLS-880094-24Single Family Catalpa  Queens, NY 11385, MLS-880094-25Single Family Catalpa  Queens, NY 11385, MLS-880094-26Single Family Catalpa  Queens, NY 11385, MLS-880094-27Single Family Catalpa  Queens, NY 11385, MLS-880094-28Single Family Catalpa  Queens, NY 11385, MLS-880094-29Single Family Catalpa  Queens, NY 11385, MLS-880094-30Single Family Catalpa  Queens, NY 11385, MLS-880094-31
 

Property Description

For Sale: 58-34 & 58-36 Catalpa Avenue – Mixed-use Investment Property With Strong Upside. Both Building Together Priced At $3, 175, 000. An Excellent Opportunity To Acquire Two Mixed-use Buildings Situated On A Single Lot In A Desirable Location. Located At 5834 And 5836 Catalpa Avenue, This Property Features A Total Of Four Residential Units And A Commercial Space Currently Operated As A Funeral Home. Each Building Offers Three Stories Plus A Fully Finished Basement, Maximizing Usable Space And Income Potential. Property Overview: Lot Includes Two Attached Buildings Each Building Has: Three Stories + Full Finished Basement Ground Floor & Basement: Combined Commercial Use (funeral Home – Approx. 2, 200 Sq Ft) Second Floor: Two 3-bedroom, 1-bath Apartments (one Per Building) Third Floor: Two Additional 3-bedroom, 1-bath Apartments (one Per Building) Basement: Finished And Utilized As Part Of The Funeral Home Current Income: Commercial Tenant (funeral Home):$6, 000/month Lease Expires January 2026 Residential Units:three Units Rented With A Total Of $5, 550/month One Unit Currently Vacant Total Current Income: $11, 550/month Potential Rental Income: Commercial Space (funeral Home): Estimated Market Rent: $8, 000/month Four 3-bedroom Apartments: Estimated Total Market Rent: $13, 200/month (~$3, 300/month Per Unit) Total Potential Income: $21, 200/month This Property Offers Immediate Income With Significant Upside Through Leasing The Vacant Unit And Adjusting Below-market Rents Upon Turnover. Ideal For Investors Seeking A Value-add Opportunity With Stable Tenancy And Flexible Future Use.

Property Information

Location/Town New York
Area/County Queens
Post Office/Postal City Ridgewood
Prop. Type Single Family House for Sale
Style Other
Tax $8,370.00
Bedrooms 6
Total Baths 4
Full Baths 4
Year Built 1925
Basement Finished, Full
Construction Brick
Total Units 3
Lot Size 20 X 86.42
Lot SqFt 1,710
Cooling Wall/Window Unit(s)
Heat Source Natural Gas, Other
Util Incl Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Water Available
Days On Market 3
Tax Lot 9
Units 3
School District Contact Agent
Middle School Call Listing Agent
Elementary School Contact Agent
Features Other
Listing information courtesy of: Realty Executives Today

RealtyDepotNY

Tel: 718-896-0777
Cell: 347-219-2037
Fax: 718-896-7020

 

 

View This Property on the Map

MORTGAGE CALCULATOR

Property Value
Downpayment
Loan Amount
Number of Years
Interest Rate
Annual Taxes
Annual Insurance
Mortgage:
Total Payment:
Note: web mortgage-calculator is a sample only; for actual mortgage calculation contact your mortgageg provider
footer-logo

Contact Us

Please feel free to contact us with any questions, or concens.  We are happy to answer any questions that you may have...

  • 103-13 Queens Blvd., Forest Hills, NY 11375
  • Email: info@realtydepotny.com
  • Phone: 718-896-0777
  • Fax: 718-896-7020

Links

  • Home
  • Our Listings
  • Our Rentals
  • Search Properties
  • Open Houses
  • Sold Properties
  • Rented Listings
  • About Us
  • Blog
  • List With Realty Depot
  • Our Agents
  • Testimonials
  • Contact Us

Featured Listings

Apartment For Rent 1bdr 1bath Spacious One Bedroom Apartment In The Heart Of Jamaica Estates. Sh...
  ... Read More
Apartment For Rent 1bdr 1bath Large One Bedroom Apartment In Best Of Woodside. Featuring A Windo...
  ... Read More
Apartment For Rent 1bdr 1bath Spacious One Bedroom In Jamaica Estates. Localed Near Transportati...
  ... Read More