Multifamily
Ridgewood 3-Family Collection
59-33 Catalpa Ave, Ridgewood, NY 11385
Listing Price: $5,000,000
Investment Overview
Marcus & Millichap is pleased to offer the Catalpa/Gates Ave Collection located in Ridgewood Queens. The collection includes 59-33 Catalpa Ave, 59-35 Catalpa Ave and 61-51 Gates Ave. With limited new supply due to low-density zoning, a growing institutional footprint, and continued tenant migration from higher-cost submarkets, Ridgewood presents investors with a rare opportunity to capture both current yield and long-term appreciation in one of Queens’ fastest-evolving neighborhoods.
Ridgewood 3-Family Collection
Investment Highlights
- The Catalpa/Gates Avenue Collection is a prime Ridegwood 3-Family portfolio spanning 10,460 SF Above Grade.
- Tax Class: 1 | Previously occupied and maintained by a general contractor | 100% Free Market
- Proximity to M & L Subway lines providing connectivity to Mahattan and Brooklyn.
Listing Price: $5,000,000
Investment Highlights
- The Catalpa/Gates Avenue Collection is a prime Ridegwood 3-Family portfolio spanning 10,460 SF Above Grade.
- Tax Class: 1 | Previously occupied and maintained by a general contractor | 100% Free Market
- Proximity to M & L Subway lines providing connectivity to Mahattan and Brooklyn.
Investment Overview
Marcus & Millichap is pleased to offer the Catalpa/Gates Ave Collection located in Ridgewood Queens. The collection includes 59-33 Catalpa Ave, 59-35 Catalpa Ave and 61-51 Gates Ave. With limited new supply due to low-density zoning, a growing institutional footprint, and continued tenant migration from higher-cost submarkets, Ridgewood presents investors with a rare opportunity to capture both current yield and long-term appreciation in one of Queens’ fastest-evolving neighborhoods.
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