$10,000 Closing Credit¹
#L3559543, Listing Office: BLT Minimax Realty Inc
$1,600,000 List price
1105 Cypress Ave Ridgewood, NY 11385
$10,000
Closing credit¹
6 beds
2 full
0.04 acres
Multi-Family
Property details
About 1105 Cypress Ave
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.
Highlights
Home typeDuplex
HeatingBaseboard
StatusActive
CoolingAir Purifier
BasementYes
Lot size0.045 Acres
Year built1930
MLS #851041
Summary
- MLS Number: 851041
- MLS Name: ONEKEY2
- Office Name: Royalux Realty LLC
- Office Phone: (347) 399-8556
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 4/26/2025, 8:12:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,600,000
1105 Cypress Ave
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
P.S. 68 Cambridge
Public District PK-5
0.1 mi
•5909 Saint Felix Ave
5
P.S. 239 Queens
Public District KG-5
0.3 mi
•1715 Weirfield St
5
P.S. 151 Lyndon B. Johnson School
Public District PK-5
0.5 mi
•763 Knickerbocker Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,993. Typical income of Ridgewood, NY residents is less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
40%
<35k
38%
35k-100k
19%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
18%
Single, with Kids
21%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
39%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Popeyes
Boston Market
White Castle
What do the neighbors drive?
Nissan
Honda
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 1105 Cypress Ave in Ridgewood, NY and zip code 11385 in the Ridgewood neighborhood. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $1,600,000.
While more than 180 listings in Ridgewood, NY in March 2025 were sold above asking price, there were more than 763 listings sold at asking price, and more than 693 were sold below. Between February and March 2025, Ridgewood, NY real estate market has seen increase in the number of listings by 5.1%. While the average time on the market in March 2025 was 143 days, the median list price was $869,492.
From Rocket Homes Real Estate and based on county public records data.