58-34 Catalpa Avenue Ridgewood, NY $ 2,899,000
58-34 Catalpa Avenue
$ 2,899,000
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58-34 Catalpa Avenue

Ridgewood, NY, 11385
$ 2,899,000
Bedrooms-- Baths-- Sq 3,300

Monthly Estimate*

$ 20,023

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Commercial Property for sale in Ridgewood, NY

for $2,899,000. This 3,300 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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Commercial Active

Price

$ 2,899,000

Property Type

Commercial

Taxes

$ 17,770

Style

Mixed Use

Lot Size

0.077135

Town/City

Ridgewood

County/Region

Queens

MLS | Web ID

1062652

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities See Remarks
Construction Materials Block Brick
Property Subtype Mixed Use
Tax Year 2025
Parcel Number 03474-0008
Gross Income 141000
Business Type Mixed
County Queens
Operating Expense 35743
Property Type Commercial Sale
Building Features Bathrooms Other Storage
Directions Use GPS
High School Maspeth High School
City New York
High School District Queens24
Elementary School Ps 88 Seneca
Property Attached Y/N Y
Tax Annual Amount 17770
Middle/Junior High School Joseph F Quinn Intermediate School 77
Virtual Tour https://show.tours/sMx9njzV https://show.tours/sMx9njzV
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Queens24
Elementary School District Queens 24
Tax Lot 8
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Interior
Basement Finished Full
Flooring Carpet Hardwood Other Tile
Basement Features Finished Full
Basement (Y/N) Y
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Exterior
Parking Features On Street On Street
Water Source Other
Foundation Details Block
Building Area Total 3300
Waterfront Y/N N
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Internal Only
Street Number 1 58
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* Excluded Features
List By
Patrick Lennon

Listing Agent

Re/Max Edge

Broker

718-288-3835

Contact

Affordability Calculator

$21,504
Per Month
93%
7%
0%
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.
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Nearby
4892093 Elementary School
5163156 Middle School
Maspeth High School High School
Pricing History
DatePricePrice ChangeDescription
10/19/2026$2,899,000 Listed Price

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58-34 Catalpa Avenue, Ridgewood, NY, 11385 is a Commercial Property for sale at $2,899,000 with 3,300 sqft and a lot size of 0.077135. The property's zip code is 11385 which is in Ridgewood, NY