Remarkable mixed - use investment property presents an unbeatable opportunity for savvy investors. 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.
Active
$1,600,000
1105 Cypress Ave APT 3, Ridgewood, NY 11385
6beds
4,280sqft
Multi Family
Built in 1930
-- sqft lot
$1,602,300 Zestimate®
$374/sqft
$-- HOA
What's special
- 21 days
- on Zillow |
- 249 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: May 02, 2025 at 02:29pm
Listing by:
Royalux Realty 347-399-8556,
Zhao Li
Source: StreetEasy,MLS#: S1768305
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Hardwood
Interior area
- Total structure area: 4,280
- Total interior livable area: 4,280 sqft
Property
Details
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1930
Community & HOA
Community
- Subdivision: Ridgewood
HOA
- Services included: Maintenance
Location
- Region: Ridgewood
Financial & listing details
- Price per square foot: $374/sqft
- Date on market: 4/30/2025
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