1. New York
2. Ridgewood
3. 1105 Cypress Avenue

1105 Cypress Avenue, Ridgewood, NY 11385

• 6 beds |
• 3 baths |
• 4,280 sqft

Property Description

Remarkable mixed - use investment property presents an unbeatable opportunity for savvy investors. This property features a unique 663 plus basement, which not only offers a well - designed living and commercial space but also provides the added advantage of a full - size basement, expanding the potential for various uses and storage. On the ground floor, a thriving pharmacy currently operates, providing a stable and consistent income stream. Above, there are two well - appointed 3 - bedroom, 1 - bathroom residential units. The second - floor unit has been fully renovated with modern finishes, creating a stylish and comfortable living space that will effortlessly attract good tenants. The third - floor unit is already occupied by a reliable tenant. The property is equipped with a brand - new boiler, guaranteeing efficient heating and enhanced comfort for all occupants. Additionally, the roof, which is only 1.5 years old, offers long - term protection and peace of mind. Location is a key highlight of this property. It's just a 7 - minute walk from the Halsey Street subway station, and with a bus stop right outside the door, commuting is extremely convenient. There’s a laundry store on the ground level, and supermarkets are within easy reach, making daily life a breeze for both residents and customers of the pharmacy. This mixed - use property combines the best of commercial and residential real estate, promising high rental yields and excellent long - term value

Listing Status:

Active

Listing Office:

Royalux Realty LLC : 347-399-8556

MLS ID:

851041

Interior

• General: Eat-in KitchenHigh Ceilings
• Basement: Finished
• A/C: Air Purification System
• Heating: Baseboard

Location

Lot

Utilities

Financial

This listing courtesy of Royalux Realty LLC