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61-09 Catalpa Ave

Ridgewood, NY 11385
  • $2,150,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 826599
UPDATED: 31 min ago
$2,150,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Information

Elementary School:
Middle School:
School District:

Description

Welcome to 61-09 Catalpa Ave. This rent stabilized 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. Located in vibrant Ridgewood and near shopping districts, cafes, restaurants and much more. 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-Two bedroom, & 7-Three bedroom apartments. Each unit has 1 full bathroom. Unlock the potential of 61-09 Catalpa Ave. and make your mark in one of NYC's most sought-after neighborhoods. With its solid brick construction, 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.

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty NYC Group. Data last updated: 2025-03-25T21:17:59.507.
www.padernachtrealestate.com/homes/160704004
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61-09 Catalpa Ave Ridgewood, NY 11385

  • Price: $2,150,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 31 min ago
  • MLS #: 826599
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1930
Built
Neighborhood:
New York
County:
Queens
Area:
New York
Elementary School:
Ps 88 Seneca
Middle School:
Is 93 Ridgewood
High School:
Grover Cleveland High School
School District:
Queens24
Property Description
Welcome to 61-09 Catalpa Ave. This rent stabilized 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. Located in vibrant Ridgewood and near shopping districts, cafes, restaurants and much more. 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-Two bedroom, & 7-Three bedroom apartments. Each unit has 1 full bathroom. Unlock the potential of 61-09 Catalpa Ave. and make your mark in one of NYC's most sought-after neighborhoods. With its solid brick construction, 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.
Exterior Features

Construction Materials Brick Cross Street Fresh Pond Rd Parking Features None Parking Total 0 Property Attached YN Yes Stories Total 4 Waterfront YN No

Interior Features

Basement Details Full Basement YN Yes Cooling None Elevator YN No Flooring Hardwood

Property Features

Additional Parcel YN No Annual Rental Income 164712 Building Area Total 9240 Financial Year 2024 Fuel Expense 17262 Heating Oil Insurance Expense 8944 Lot Size Area 3300 Maintenance Expense 6000 Net Operating Income 81732 Number Of Separate Electric Meters 10 Operating Expense 82980 Other Expense 1215 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 37430 Tax Source Municipality Total Vacancies 0 Utilities None Water Access YN No Water Sewer Expense 7929 Water Source Public Zoning R5B

Listing courtesy of Joseph V. Crifasi of Crifasi Real Estate Inc: 718-821-5999
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty NYC Group. Data last updated: 2025-03-25T21:17:59.507.
 
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Keller Williams Realty NYC Group
2300 Eastchester Road
Bronx NY, 10469