$900,000
( $160.00Per Sq Foot )
 $4,831 est/mo Sourced by Back At You

59-05 Catalpa Avenue,Ridgewood, NY 11385

Ridgewood, NY 11385

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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.

Details

MLS #913435
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1908
Days On Site420
Listing Provided ByMYNY Residential | Joseph C. Giordano

Features

SQ Feet5,625
BasementY
Story(s)3
Units6
Acreage0.06

Interior

CoolingNone
HeatingNatural Gas

Exterior

Construction MaterialsOther
Foundation DetailsOther

Utilities

UtilitiesNatural Gas Available, Sewer Available
SewerOther

Taxes

Tax Year2024
Tax Annual Amount20545

Area Information

StateNY
CountyQueens
CityRidgewood
Zip Code11385
Sourced by Back At You

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Learn More About This Property

StateNY
CountyQueens
CityRidgewood
Zip Code11385
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $675K - $1.125M
sqft: 4,000 - 7,000
Listing Updated: September 28, 2026 at 9:43:42 PM PDT
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