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61-09 Catalpa Ave Ridgewood, NY 11385
$1,990,000
  • Commercial
  • Year Built 1930
  • Multi Family
  • ML# 826599

Property Details

Overview

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.

Key Facts

  • Lot Sq Ft: 3300
  • Taxes: $37,430
  • Sale or Rent: Sale
  • School District: Ps 88 Seneca
  • Zoning: R5B

Additional Features

  • Construction Materials: Brick
  • Parking Facilities: None
  • Wood Floors: Yes
  • Stories: 4

Interior & Utilities

  • Heat: Oil
  • A/C: None
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $37,430
  • Maintenance: $6,000
Listing Information provided courtesy of Crifasi Real Estate Inc  718-821-5999
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