| MLS# | 505327 |
| Building Size | 40x55 |
| Lot Size | 40x84 |
| Taxes (per year) | $17,770 |
| Fuel Type | Gas |
| Basement | Full basement |
| Bus | 1 min: B38, Q39 |
| 2 min: Q55 | |
| 3 min: Q58 | |
| 4 min: B13, B20 | |
| 7 min: QM24, QM25 | |
| 8 min: B26 | |
| 9 min: B52, B54 | |
| Subway | 4 min: M |
| 9 min: L | |
| LIRR | 1.8 miles: "East New York" |
| 2.9 miles: "Nostrand Avenue" | |
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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.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 Brooklyn New York Multiple Listing Service. All rights reserved.







