12
See all 12 photos
$999,999
Est. payment /mo
2,561 Sqft Lot
Active
59-05 Catalpa AVE Ridgewood, NY 11385
REQUEST A TOUR
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 913435
Rental Info No
Year Built 1908
Annual Tax Amount $20,545
Lot Size 2,561 Sqft
Acres 0.0588
Property Sub-Type Multi Family
Source onekey2
Property Description
This all-brick, six-family building in the highly sought-after Ridgewood neighborhood presents an exceptional investment opportunity. The property features six spacious two-bedroom apartments along with a full basement, offering additional storage and functionality. Measuring 25 x 75 feet on a 25 x 101-foot lot, the building provides a strong physical footprint and efficient layout. Recent capital improvements include a new roof (2017), a brand-new boiler, new water heaters, storage rooms in the basement, a large skylight in the hallway that brings in abundant natural light, high ceilings, and a beautifully maintained garden yard. These features enhance both tenant appeal and long-term durability, making the property a low-maintenance, income generating asset. Ridgewood charm is further highlighted by its vibrant neighborhood atmosphere. The property is surrounded by a diverse mix of cafés, restaurants, shopping centers, grocery stores, and entertainment venues. Excellent transportation access includes the M line located a short distance away at the Middle Village–Metropolitan Ave station and the M/L MyrtleWyckoff station also within a short distance, providing quick connections to Manhattan, Brooklyn, and Queens. Multiple bus routes, including the Q39, Q58, Q98, and B38 limited, also serve the area, further enhancing connectivity for tenants. Parks, schools, and community amenities are nearby, contributing to Ridgewood's strong residential demand.
Location
State NY
County Queens
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Utilities Available Natural Gas Available, Sewer Available
Building
Story 3
Foundation Other
Sewer Other
Water Other
Structure Type Other
Others
Special Listing Condition None
Listed by Coldwell Banker Reliable R E • Joseph C. Giordano
GET MORE INFORMATION
