1105 Cypress Avenue Apt: MIX
Queens, NY 11385
Cross street:Decatur Street

Building

Type:Low-rise
Era:Post-war
Floors:3

Property

Ownership: Mixed Use
Rooms: 9
Bedrooms: 6 BR
Bathrooms: 3
Pets: No Pets Allowed

Financials

Price:$1,700,000
Real estate tax:$618
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Platinum Properties

Prime Mixed Use Opportunity Two Family Storefront with Basement amp ; Backyard in the Heart of Ridgewood Located on a 20' x 97' lot in one of Queen's most sought ...

Description

Prime Mixed-Use Opportunity - Two-Family + Storefront with Basement & Backyard in the Heart of Ridgewood

Located on a 20' x 97' lot in one of Queen's most sought-after neighborhoods, this income-producing mixed-use property offers both strong in-place cash flow and long-term upside. The ground floor is occupied by a well-established pharmacy, delivering a stable and reliable income stream. Above, the property features two well-appointed three-bedroom, one-bathroom residential units.

Spanning approximately 4,280 square feet, the building is thoughtfully laid out as follows:

Full basement with utility and mechanical room, plus direct access to the backyard

First floor: 1,100 SF of turn-key commercial/retail space, with an additional 840 SF private backyard

Second floor: 1,100 SF expansive renovated 3-bedroom apartment featuring a separate kitchen, living room, marble bathroom, and an additional room suitable for a home office or bedroom

Third floor: 1,100 SF large renovated 3-bedroom apartment with a separate kitchen, living room, marble bathroom, and bonus room, including new windows and updated electrical throughout the entire building

Positioned just moments from the Halsey Street subway station, this property sits in the heart of one of Brooklyn/Queens' most rapidly growing and in-demand neighborhoods. Ridgewood continues to thrive as a destination for renters and retail alike, fueled by strong tenant demand, vibrant local commerce, and seamless access to transportation, shopping, and many more attributes.

Don't miss the rare opportunity to own a mixed-use asset in the booming Ridgewood location with immediate income and long-term growth potential.

Amenities

  • Elevator

Neighborhood

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OLR IDX

RLS Data display by Nest Seekers LLC.

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. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.