Contacts
Crifasi Real Estate, Inc
Property Details
- Property Type Multi-Family
- Property Size 9,240 SF
- Units 9
- Lot Size 3,330 SF
- Cap Rate % 8.12
- Rental Income / YR $81,732.00
- Taxes / YR $37,430.00
- Zoning R5B
- # of Floors 4
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1930
- Date Updated Feb 20, 2025
- Construction Type Brick
Discover the hidden gem of Ridgewood with this exceptional investment opportunity at 61-09 Catalpa Ave. This stunning 9-unit BRICK building, built in 1930, is a solid investment with a prime location. Just steps away from the Fresh Pond Rd. M train entrance, this property offers convenience and accessibility, perfect for urban dwellers. With its charming neighborhood and proximity to vibrant shopping districts, this property is a dream come true for both investors and potential residents. Experience the perfect blend of comfort and potential with the unit composition of this property. Featuring 1-studio, 1-2 bedroom, & 7-3-bedroom apartments. Each living space is thoughtfully designed for maximum comfort. Unlock the potential of 61-09 Catalpa Ave. and make your mark in one of NYC’s most sought-after neighborhoods. With Spacious units spanning approximately 9240 s/f, this building presents an excellent opportunity for a substantial upside based on vacancies of units with higher legal rents. Its solid brick construction and prime location make it an appealing prospect for savvy investors, developers, and individuals looking for a welcoming place to call home. Don't miss out on this chance to turn your real estate aspirations into reality.
PLEASE SEE SET UP FOR INCOME, EXPENSES, BUILDING AND APT. LAYOUT INFO INCLUDING FLOOR PLANS.
Reach out to the broker for more info on lease terms and amenities
Getting around
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94/100
Walk Score ®
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88/100
Transit Score ®
-
73/100
Bike Score ®
Location
- City Ridgewood, NY
- Neighborhood Ridgewood
- Zip Code 11385
- Market Queens
Points of Interest
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Middle Village–Metropolitan Avenue
0.58 miles
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Halsey Street
0.76 miles
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Myrtle–Wyckoff Avenues
0.94 miles
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Stanhope St & Wycoff Ave - NE Corner
1.18 miles
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Stanhope St & Wycoff Ave - SE Corner
1.19 miles
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Stanhope St & Wycoff Ave - NW Corner
1.19 miles
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Stanhope St & Wycoff Ave - SW Corner
1.20 miles
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Dekalb Ave & Wycoff Ave - NE Corner
1.25 miles
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Dekalb Ave & Wycoff Ave - NW Corner
1.26 miles
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Dekalb Ave & Wycoff Ave - SE Corner
1.27 miles
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American Gas
0.58 miles
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Hess
0.72 miles
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Citgo
0.76 miles
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Shell
0.79 miles
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BP
1.07 miles
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Mobile
1.07 miles
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GasTrac
1.25 miles
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Gas Sale
1.32 miles
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Tesla Supercharger
1.49 miles
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Revel
2.88 miles
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Stop & Shop Parking
0.28 miles
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MMP Parking LLC
1.27 miles
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Connoly's Parking Lot
1.65 miles
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Havens Place Lot
1.97 miles
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School bus parking
2.13 miles
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West Side Tennis Club parking lot
2.74 miles
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Parking Area C
2.75 miles
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Private Parking Lot
2.78 miles
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Parking Area E
2.83 miles
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Sylvan Parking
2.94 miles
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casa reservada para vacaciones
0.38 miles
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Red Carpet Inn
0.78 miles
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Latisha Luxury Place
1.56 miles
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Marina Hotel
1.68 miles
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Grand Motor Inn
1.75 miles
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Comfort Inn
1.77 miles
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hull
1.78 miles
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Hotel Omega
1.86 miles
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Holiday Inn Express
1.88 miles
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Riviera Motor Inn
1.89 miles
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Grand 99¢&up Emporium
0.07 miles
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Checos Food Universe
0.16 miles
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Lot Less
0.18 miles
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Valentino Food Market
0.21 miles
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99 cents
0.24 miles
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Telco Stores
0.26 miles
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Stop & Shop
0.27 miles
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Ridgewood Farm Market
0.28 miles
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Biedronka
0.29 miles
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Good Neighbors Supermarket
0.33 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Crifasi Real Estate, Inc
