883 Cypress Ave - Storefront Retail/Residential FOR SALE


Ridgewood, NY 11385
$988,888 USD
718-819-4041
883 Cypress Ave, Ridgewood, NY for Sale
$988,888 USD
Storefront Retail/Residential - FOR SALE
1/13
null | 6.98% Cap Rate

883 Cypress Ave
Ridgewood, NY 11385


HIGHLIGHTS

  • 1,632 SF building
  • 2 units- One commercial, One residential
  • Zoned C4-3A
  • Prime high-visibility intersection
  • Nearby subway stations and bus stops

OVERVIEW

Located at the high-visibility intersection of Cypress Ave and Hancock St., this mixed-use property offers an exceptional investment opportunity in one of Queens’ most thriving neighborhoods. The 1,632 SF building consists of one retail space and one residential unit. Positioned in a high-foot-traffic area, businesses benefit from maximum exposure and visibility. Additionally, it is conveniently located within walking distance of several subway stations serving the M and L lines, ensuring easy accessibility. With strong investment potential, excellent transportation access, and a prime location, this corner property is a rare opportunity to secure a high-demand asset in a flourishing retail district.

FOR SALE DETAILS

PRICE

$988,888 USD

PRICE/SF

$606 USD /SF

CAP RATE

6.98%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1901

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,365 SF

ZONING

C4-3A

APN/PARCEL ID

03560-0001

ASK ABOUT THIS PROPERTY

Steven LlorensDouglas Elliman CommercialMore Info
718-819-4041

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Steven LlorensDouglas Elliman CommercialMore Info
718-819-4041

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.