Meridian Capital Group
Meridian Investment Sales

56-15/17 Catalpa Avenue

56-15/17 Catalpa Avenue

West side of Catalpa Avenue between Seneca and Myrtle Avenues
Ridgewood, Queens, NY

Two adjacent Mixed-use Walk-up Buildings

Asking Pricing $4,350,000
Type Mixed-Use Buildings
Neighborhood Ridgewood, Queens, NY
Properties 2
Zoning Code C4-3A, R6A Equivalent
Size 11,250 SF plus basements
Stories 3
Units 20

Investment Highlights:

  • Two adjacent mixed-use walk-up buildings
  • 7.15% Capitalization Rate
  • Located just steps to Myrtle Avenue and Seneca Avenue
  • 100% occupied and cash-flowing
  • Ideal 1031 exchange property
  • Short walk to the Seneca Avenue M, Halsey Street L, and the Myrtle-Wyckoff Avs M & L Train stations
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