ÒFÈ ÀMÚSÌLẸ́ NÍ RIDGEWOOD—MẸ́TÀ ÀMÚSÌLẸ́, ÀǸFÀÀNÍ NẸ́NTÀ, ÀTI A NÍ O NÍ 3,800 IGBÀLẸ̀ KAN NÍ ILÉ KAN.

Ẹ kú ábá wá sí 58-40 Catalpa Avenue, ilé amúsìlẹ̀ mẹ́ta tó dá lórí búríká pẹ̀lú gẹgẹ́ bi a ṣe dá ní àárín Ridgewood, tó n fẹ́ kí o ní idapọ̀ tó dára pọ̀ ti ìṣàkóso, àtinúdá, àti ànfààní tó n mu owó wá.
Ilé yi ni a tún ṣe àtọ́ka pẹ̀lú ìmọ́ra, ó ń fun ni àyè tó tóbi tó díẹ̀ ju 3,780 ọgbẹ́ mẹ́ta lapapọ, pẹlú ilé ikùn tó kù, yíyánṣè àǹfààní ẹlẹ́tọ̀ fun àwọn olùṣèjò, àwọn ará ilé, tàbí àwọn oníbàárà tó n wá ìbágbépọ̀ ìdílé kan.

Ilé mẹ́ta tó wà lórí ilẹ̀ àkọ́kọ́ ni mọ́ká méjì pẹlú baluwe kan tó péye, pẹ̀lú àjọgbọ́n ibùdó àti àtakò jeje ti ilé-ìtọ́yọ. Àwọn àmúlò tó wúlò ni wọ́n ti gba àjàrà sẹ́yìn sí gbangba àgbègbè ọtí, pẹ̀lú nípa àyípadà iṣẹ́ àgbègbè pẹ̀lú fi àtàwọn ilé wọn ṣẹbá.

Ilé amúsìlẹ̀ lórí ilẹ̀ kejì àti kẹta kọọkan ni a fi ìmọ́ra pẹ̀lú mọ́ká mẹ́ta, baluwe kan, tó wọ́pọ̀ jùlọ fún ìlò-ọjọ mi àti ìmọ́lẹ̀ àtọka. Àwọn mọ́ká tó péye, àyè ibè tí ò dáàbò, inú àyè tó ṣeé lo, àti àkópọ̀ afọ́tara wọ̀lú ìyẹn n jẹ́ kí ilé amúsìlẹ̀ yi wúlò jùlọ fún ọjà àgbègbè lọ́jọ́.

Ní àìmọ̀kan àwọn ilé kọọkan, ilé yi tun ni ilé ikùn tó kù, tó n funni ní àyè àtijọ́ diẹ fún àlàáfíà àti àwọn ilò míì tó jẹ́wọ́.

Ilé yi tun ti ní ànfààní láti àwọn àtúnṣe àyàfi, pẹ̀lú èrò ilé amú iṣẹ́ amóhùnmáwòrán àti tuntun àwọn ipòga, tó n ṣàtúnṣe èrè tó ṣeé bùkún àti fífún eniyan ilé kan tó nbọ.

Pẹ̀lú mẹ́ta ilé amúsìlẹ̀, owo-ìyá àti ànfààní kíkó orí, àgbo-ígbàlẹ̀ kan, iká búríká, àti ipo Ridgewood tó n yá kó, 58-40 Catalpa Avenue dáàbò bo ipinnu láti ní oko ilé kan pátá ní Queens.
Níúsá awọn ìròpò, ibùdó, ọkọ̀, àti gbogbo ohun tó ti jẹ́ kí Ridgewood jẹ́ ọ̀kan lára ​​àwọn agbegbe ilé tó gbajúmọ̀ jù lọ ní Queens.

Àkópọ̀ Ìṣúná Ilé

Ínùrù
Iye Ọdún
Owó Ilé: $10,000
Omi: $3,000
Gásì: $8,000
Con Edison / Ẹlẹ́rọ: $2,000
Ìlànà: $2,500

Akopọ gbogbo ìnàrè Owó ọdún: $25,500

Owó-ìyá tó n bọ́

Ilé àkọ́kọ́: $2,200- $26,400
Ilé kejì: $2,800 - $33,600
Ilé kẹta: $2,350 -$28,200
Akopọ: $7,350/ oṣù - $88,200/ ọdún

Owó-ìyá gbogbo ọdún tó n bọ́: $88,200? Iṣúná ọdún steady: $25,500? Iye ilé-ìyá net: $62,700/ ọdún

Àwọn ètò ni àwọn àpọ́n kan bi a ṣe n jẹ́ ki bẹẹ́ rọ́rú, gẹgẹ́ bi a ṣe t'ọ́mọde lọ́wọ́.

***ILÉ YI NÍ KÓMỌKẸ́ YI I GBA NÍ A BÚKÚN KẸRA TÍ ỌRUNKƐ TA KAN RÀHUN KÁN, GBOGBO ÀMỌ́ ỌMỌKẸ́ WÒN NÍ YẸ ỌJỌ́ LÓ FI BẸ́ERO JÁNÍ PẸ́NLA NI FÉLÉ ILÉ TÓ BẸRERẸ LÓDUMARE. ILÉ NÍ PẸLÚ ÀWỌN AWỌ́N-Ẹ̀LÚMEJẸ́ TÓ N WÁSÀÁ LE KAN ÀJẸ́ YI NÍ KÁNSÁ A PẸRÚN YẸ PẸLÚ NẸ́NTÀ. ÀǸFÀÀNÍ ILÉ ÀKÒSÀ GI KÓ MÀKÚN PẸLÚ ÀWỌN AWỌ́N-Ẹ̀LÚMEJẸ́ MEJÈTA ÀTI KẸJI ÌLÉ YI LO GBA FẸ́N PẸLÚ ÀṢE SÍḏÉ. ***

Mẹ́ta amúsìlẹ̀. Ọkan sábà ti kún jùlọ. Ẹ kú ábá wá sí 58-40 Catalpa Avenue.

A RARE RIDGEWOOD INVESTMENT OPPORTUNITY—THREE RESIDENCES, EXISTING RENTAL INCOME, AND NEARLY 3,800 SQUARE FEET UNDER ONE ROOF.

Welcome to 58-40 Catalpa Avenue, an exceptional three-family brick residence in the heart of Ridgewood, offering an outstanding combination of space, versatility, and income-producing potential.
Meticulously maintained and thoughtfully cared for, this substantial property spans approximately 3,780 square feet of total floor area, including a full unfinished basement, and presents an excellent opportunity for investors, end users, or buyers seeking a multi-generational living arrangement.

The first-floor residence features two generously proportioned bedrooms and one full bathroom, complemented by a comfortable living and dining layout. An especially desirable feature is direct access to the private rear yard, creating a seamless extension of the living space for outdoor dining, entertaining, gardening, or simply enjoying a private retreat.

The second and third floors each offer spacious three-bedroom, one-bathroom layouts designed to maximize both functionality and natural light. Well-proportioned bedrooms, comfortable common areas, abundant windows, and practical layouts make these residences particularly attractive for today’s rental market.
Beyond the individual apartments, the property offers a full basement, providing substantial additional space and flexibility for storage and other permitted uses.

The building has also benefited from important infrastructure improvements, including updated electrical service and new gas lines, adding significant value and providing greater peace of mind for its next owner.

With three residential units, strong projected rental income, substantial square footage, classic brick construction, and a highly desirable Ridgewood location, 58-40 Catalpa Avenue represents a compelling opportunity to own a significant piece of Queens real estate.
Enjoy convenient access to neighborhood shopping, dining, transportation, and everything that has made Ridgewood one of Queens’ most sought-after residential communities.

Property Financial Overview

Expense
Annual Amount
Real Estate Taxes: $10,000
Water: $3,000
Gas: $8,000
Con Edison / Electric: $2,000
Insurance: $2,500

Total Estimated Annual Expenses: $25,500

Projected Rental Income

First Floor: $2,200- $26,400
Second Floor: $2,800 - $33,600
Third Floor: $2,350 -$28,200
Total: $7,350/month - $88,200/year

Projected Gross Annual Rental Income: $88,200?Estimated Annual Operating Expenses: $25,500?Estimated Net Operating Income: $62,700/year

Figures are estimates provided for informational purposes and should be independently verified by prospective purchasers.

***THE PROPERTY IS CURRENTLY FULLY OCCUPIED BY LONG-TERM TENANTS, ALL OF WHOM ARE AWARE THAT THE BUILDING IS BEING OFFERED FOR SALE. THE BUILDING IS BEING DELIVERED WITH TWO EXISTING LEASES AND ONE MONTH-TO-MONTH TENANCY. THE FIRST-FLOOR LEASE RUNS THROUGH THE END OF JANUARY 2027, THE SECOND-FLOOR LEASE RUNS THROUGH THE END OF SEPTEMBER 2026, AND THE THIRD-FLOOR RESIDENCE IS CURRENTLY OCCUPIED ON A MONTH-TO-MONTH BASIS. THE SELLER’S PREFERENCE IS TO DELIVER THE PROPERTY OCCUPIED, IF POSSIBLE, PROVIDING A PROSPECTIVE PURCHASER WITH EXISTING TENANCY AND RENTAL INCOME FROM THE OUTSET. ***

Three residences. One exceptional opportunity. Welcome to 58-40 Catalpa Avenue.