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Cypress Avenue
Ridgewood, Queens, NY
$1,600,000 Price
6 Bedrooms  
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Photo 1 of Cypress Avenue, Ridgewood, Queens, NY, $1,600,000, Web #: 851041Previous PhotoNext Photo1 of 17

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...

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.

Listing courtesy of Royalux Realty Llc

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Ridgewood, Queens, NY
Type:
Price: $1,600,000
Date Listed: 4/26/2025
Web ID: 851041

Info & Amenities

Bedrooms: 6
Bathrooms: 2.0
Built: 1930

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