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About the Listing RMXE01 - 217918,219144
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.
Listing Highlights for 58-34 Catalpa Ave
Interior Details
- Appliances:
- Air Cond: Central Air
- Heating: Natural Gas
- Fireplaces:
- Floor: Carpet,Hardwood,Tile
- Basement: Finished,Full
- Other:
- Water: Other
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $17,770
- Taxes w/Assessments: N/A
- Tax/Property ID: 03474-0008
- Tax Year: N/A
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Monthly Payment
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Listing Location
Questions About..
58-34 Catalpa Ave Ridgewood, NY 11385
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