6109 Catalpa Ave - Apartments FOR SALE


Ridgewood, NY 11385
$2,150,000 USD
718-894-8700
6109 Catalpa Ave, Ridgewood, NY for Sale
$2,150,000 USD
Apartments - FOR SALE
1/23
null | 8.12% Cap Rate

6109 Catalpa Ave
Ridgewood, NY 11385


HIGHLIGHTS

  • Located a few blocks to the Fresh Pond Rd. M train
  • Located near shopping, entertainment, cafes, restaurants and much more

OVERVIEW

Welcome to 61-09 Catalpa Ave. This 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, 1-2 bedroom, & 7-3-bedroom apartments. Each unit has 1 full bathroom. There is oil heat and a full basement. 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. SEE SET UP FOR FLOOR PLANS, BUILDING INFO, & INCOME & EXPENSE INFO.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$228 USD /SF

# OF UNITS

9

PRICE/UNIT

$238,889

CAP RATE

8.12%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

61-09 Catalpa Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R5B

APN/PARCEL ID

03625-0002

ASK ABOUT THIS PROPERTY

Salvatore CrifasiCrifasi Commercial Real EstateMore Info
718-894-8700

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Salvatore CrifasiCrifasi Commercial Real EstateMore Info
718-894-8700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.