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5615 Catalpa Ave
Ridgewood, NY 11385
56-15/17 Catalpa Avenue · Multifamily Property For Sale
Investment Highlights
- Located Just Steps to Myrtle Avenue and Seneca Avenue
- Ideal 1031 Exchange Property
- 100% Occupied and Cash-Flowing
- Short Walk to the Seneca Avenue M, Halsey Street L, and the Myrtle-Wyckoff Avs M and L Train Stations
Executive Summary
Meridian Investment Sales has been retained on an exclusive basis to arrange for the sale of two adjacent mixed-use walk-up buildings in the Ridgewood neighborhood of Queens, NY. The subject property includes 16 rent stabilized apartments, 4 retail units and 6 storage/garage units.
Property Facts
| Price / SF | $545.65 CAD / SF | Number of Properties | 2 |
| Cap Rate | 7.15% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 11,106 SF |
| Status | Active | Total Land Area | 0.13 AC |
| Price / SF | $545.65 CAD / SF |
| Cap Rate | 7.15% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 11,106 SF |
| Total Land Area | 0.13 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5617 Catalpa Ave, Ridgewood, NY 11385 | Multifamily | 5,850 SF | 1930 | - |
| 5615 Catalpa Ave, Ridgewood, NY 11385 | Multifamily | 5,256 SF | 1930 | - |
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