COMMERCIAL
Address: ‎58-34 Catalpa Avenue
Zip Code: 11385
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$2,899,000
MLS# 505327
English
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$2,899,000 - 58-34 Catalpa Avenue, Ridgewood, NY 11385|MLS# 505327

MLS#‎ 505327
Building Size40x55
Lot Size40x84
Taxes
(per year)
$17,770
Fuel TypeGas
BasementFull basement
Bus1 min: B38, Q39
2 min: Q55
3 min: Q58
4 min: B13, B20
7 min: QM24, QM25
8 min: B26
9 min: B52, B54
Subway4 min: M
9 min: L
LIRR1.8 miles: "East New York"
2.9 miles: "Nostrand Avenue"
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房屋英文概況 English 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.

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.

Courtesy of RE/MAX Edge

公司: ‍718-612-3088




$2,899,000
COMMERCIAL
MLS# 505327
‎58-34 Catalpa Avenue
Ridgewood, NY 11385


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