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In contract
    • $3,000,000

    712 Cypress Ave, Ridgewood, NY 11385

    12beds
    7,500sqft
    Building
    Built in 1931
    -- sqft lot
    $2,279,200 Zestimate®
    $400/sqft
    $-- HOA

    What's special

    This meticulously renovated mixed-use building, completed in 2023, boasts NINE FREE MARKET UNITS, comprising FOUR RESIDENTIAL and FIVE COMMERCIAL UNITS. It stands as a lucrative income generator, with gross annual income increasing to $278,544/yr starting October 2024 (for detailed breakdown, refer to our Excel sheet or digital brochure). The residential units feature spacious 3 boxed bedroom layouts with one full bathroom each. Situated in zone R6B-C24, the property is NOT SUBJECT TO RENT CONTROL OR RENT STABILIZATION REGULATIONS. Nestled in the heart of Ridgewood, conveniently positioned between the L and M train lines, residents enjoy unparalleled access to amenities, public transportation, and thriving commercial hubs. Ridgewood's allure as an exceptional city underscores the promising investment potential of this property. No Showings without Pre-Approval or Proof of Funds, please do not bother the tenants.
    702 days
    |
    11
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: November 15, 2024 at 11:53am

    Listing by:

    EXP Realty 201-875-7953,

    Mustapha Kaddour

    Source: StreetEasy,MLS#: S1714590

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 9
      • Full bathrooms: 4
      • 1/2 bathrooms: 5
      Features
      • Flooring: Hardwood
      Interior area
      • Total structure area: 7,500
      • Total interior livable area: 7,500 sqft

      Property

      Details
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Building
      Condition
      • Year built: 1931

      Community & HOA

      Community
      • Subdivision: Ridgewood
      Location
      • Region: Ridgewood

      Financial & listing details

      • Price per square foot: $400/sqft
      • Annual tax amount: $381,036
      • Date on market: 5/2/2024

        Estimated market value

        $2,279,200

        $1.80M - $2.87M

        $4,791/mo

        Price history

        Price history

        Price history is unavailable.

        Public tax history

        Public tax history
        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Ridgewood

        Getting around

        97 / 100
        Walker's Paradise
        83 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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