$1,299,000
Updated 4 years ago
Off Market

64-41 Catalpa Ave

Ridgewood, Queens | 64th Place & 65th Street

18 Rooms12 Beds6 Baths5,616 Square FeetIncome Property

$1,299,000
floors / apts3 / 6
Lot Size26'x100'
Built Size26'x72'
ZoneR5B
Building TypeTownhouse
RE Taxes$17,245
Price Per SF
$231

Property Description for 64-41 Catalpa Ave

Oversized Brick Walk Up Building In Re-Developing Ridgewood Neighborhood. Each Of The Six Apartments Consists Of Two Incredibly Spacious Bedrooms And Each Tenant Is Responsible For Electric & Gas Utilities. This Is Your Chance To Acquire A Stabilized, Cash Flowing Asset In A Fast Appreciating Neighberhood. It Is Perfectly Suited For Long Term Renters With Ridgewood's Hottest Restaurants, Cafes, Bars & Bakeries At Their Fingertips. This Turn Key Property Has Been Very Well Maintained And It Makes A Superb Armchair Investment Or A 1031 Exchange.

Listing History for 64-41 Catalpa Ave

Now
12/05/2022
POM by Jaroslaw (Jerry) Kaszuba
Exit All Seasons Realty
09/03/2022
$1,299,000 [-$100,000] [7.1%]
Price Drop by Jaroslaw (Jerry) Kaszuba
Exit All Seasons Realty

Building Details for 64-41 Catalpa Ave

OwnershipIncome Property
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts3/6
Learn More About the Building

Contact Agent

Contact Agent

Jaroslaw (Jerry) Kaszuba
Exit All Seasons Realty

Ridgewood | Queens

Quick Profile

Unique for being a symbolic and literal bridge between Brooklyn and Queens, Ridgewood incorporates both distinct elements of these boroughs into its persona. Originally considered part of Brooklyn, the neighborhood broke off with Bushwick in the 1700s at a point called, appropriately, Arbitration Rock. When the blackout of 1977 occurred, the residents of Ridgewood only further wanted to dissociate themselves from their Bushwick neighbors as the bedlam that ensued in between the looting and the riots made them feel just a tad superior. 

And yet, just because its zip code changed didn’t mean Ridgewood could ever fully break free from its proximity and entwined identity with Bushwick. Pegged as the next “it” destination and hipster haven to move to circa 2016, Ridgewood has surprised many with its steady pace of growth, therefore well-maintained “neighborhood” feel. 

Rife with quiet blocks filled with quaint, colorful buildings, Ridgewood offers the bodegas and local businesses one also expects of “old world” Brooklyn. An increase in the number of coffee shops, bars and DIY venues have continued its natural association with Bushwick, however, the deeper into the neighborhood you go, the more apparent it becomes that Ridgewood is very much its own very Queensian thing. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 86690TH