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26752194

9-96 Cypress Ave, undefined, NY 11385

VN
NY 10491202180
Link NY Realty
Listed by Link NY Realty
$3,000,000
277 days on market
Updated 155 days ago

996 Cypress Ave

Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building
Square Footage 15,744
Units 17
Cap Rate 7.25%
Year Built 1927
Buildings 1
Stories 4
Lot Size (SqFt) 5,222
Zoning M1-4D

Mixed Use | 7.25% CAP | 15,744 SqFt

Marketing description

Introducing a rare corner mixed-use asset located at 996 Cypress Avenue in the heart of Ridgewood, Queens. This 4-story walk-up features 15 residential units and 2 commercial spaces, totaling 17 units across 15,744 square feet. Built in 1927, the property sits prominently at the intersection of Cypress Avenue and George Street, offering exceptional street presence and consistent tenant demand. Just 0.1 miles from the L train at Jefferson Street, this is ideally positioned for renters and businesses alike seeking easy access to Manhattan and Brooklyn. With its stable income, strong neighborhood fundamentals, and long term upside potential, this is an outstanding opportunity to own a well-located asset in one of New York City's most dynamic and evolving rental markets.

Listing Contacts

VN
NY 10491202180
Link NY Realty
Listed by Link NY Realty

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