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.
For sale
$1,600,000
1105 Cypress Avenue, Ridgewood, NY 11385
6beds
4,280sqft
Duplex, Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$374/sqft
$-- HOA
What's special
- 26 days
- on Zillow |
- 780 |
- 45 |
Zillow last checked: 7 hours ago
Listing updated: May 17, 2025 at 02:03pm
Listing by:
Royalux Realty LLC 718-666-6066,
Zhao Li 347-399-8556,
Xiaoxue Su 718-219-1903,
Royalux Realty LLC
Source: OneKey® MLS,MLS#: 851041

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
Heating
- Baseboard
Cooling
- Air Purification System
Features
- Eat-in Kitchen
- Basement: Finished
Interior area
- Total structure area: 4,280
- Total interior livable area: 4,280 sqft
Property
Lot
- Size: 1,962 Square Feet
Details
- Parcel number: 035680017
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available, Trash Collection Public, Water Available
Community & HOA
Location
- Region: Flushing
Financial & listing details
- Price per square foot: $374/sqft
- Tax assessed value: $74,340
- Annual tax amount: $7,082
- Date on market: 4/26/2025
- Listing agreement: Exclusive Right To Sell
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