- For Sale $3,000,000
- Property Type Mixed Use
- Property Size 15,744 SF
- Units 15
- Lot Size 5,222 SF
- Cap Rate % 7.25
- Zoning M1-4D
- # of Floors 4
- Year Built 1927
- Date Updated Jan 2, 2026
Description
Introducing a rare corner mixed-use asset located at 996 Cypress Avenue in the heart of Ridgewood, Queens. This 4-story walk-up features 15 residential units and 2 commercial spaces, totaling 17 units across 15,744 square feet. Built in 1927, the property sits prominently at the intersection of Cypress Avenue and George Street, offering exceptional street presence and consistent tenant demand. Just 0.1 miles from the L train at Jefferson Street, this is ideally positioned for renters and businesses alike seeking easy access to Manhattan and Brooklyn. With its stable income, strong neighborhood fundamentals, and longterm upside potential, this is an outstanding opportunity to own a well-located asset in one of New York City's most dynamic and evolving rental markets.
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Contacts
Link NY Realty
Location
Located at 9-96 Cypress Ave, Ridgewood, NY 11385, this property is part of the Ridgewood neighborhood and Queens market.
Link NY Realty