58-34 Catalpa Avenue
Ridgewood, NY, 11385 $ 2,899,000
Bedrooms-- Baths-- Sq 6,600 Monthly Estimate*
$ 20,023
for $2,899,000. This 6,600 square foot building was built on a lot size of 0.077135.
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.
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FeaturesInteriorHeating Fuel Gas
Walls Block
Flooring Carpeting Hardwood Tile Other
Hot Water Gas
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GeneralCeiling Height 8-10 Foot
Roof Flat
Electric Circuit Breakers
Property Type Mixed Use
Block 3474
Yearly Taxes 17770.09
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Attached
Status Active
Construction Materials Block Brick
Cumulative Days on Market 2
MLS Area Ridgewood
Sub Type Mixed Use
City Ridgewood
DOM 2
Sale Type Arm's Length
# Families 2
Public Remarks 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
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ExteriorExterior Brick
Foundation Block
Parking Attrib Other None
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Internal OnlyOriginating MLS Brooklyn New York MLS
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $20,023
- Monthly Property Taxes
- $1,481
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Ridgewood, NY
Average List Price $1,656,190
Percent of Sale Price 43%
About Ridgewood, NY 103,573 Population
6% Since 2002
$ 62,666 Median Income
37.87 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/19/2026 | $2,899,000 | | Listed Price |