$1,688,888
74-16 Cypress Hills ST Ridgewood, NY 11385
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,688,888
Est. payment /mo
OPEN HOUSE
Thu Nov 21, 4:00pm - 6:00pm
UPDATED:
11/23/2024 03:42 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYL3584103
Originating Board onekey2
Rental Info No
Year Built 1931
Annual Tax Amount $14,871
Lot Dimensions 8.5x112.17
Property Description
BRING YOUR BUYERS! TURN KEY! TURN KEY! TURN KEY! This is a FULLY COMMERCIAL CORNER Property, Currently Grandfathered in as F5- Light Manufacturing and can be Downsized in Zoning as multiple retail/offices, making this a HIGH YIELD Property! Area Zoning also allows this property to be converted to Residential (...so prep your favorite architect)* HEAVY STREET TRAFFIC! BUSY FOOT TRAFFIC! VERY ACTIVE CYPRESS HILLS STREET CORNER! Only 7-Minutes away from the Jackie Robinson Parkway! What makes this property STAND OUT is that it is BEYONDDD a vanilla box and was GUT RENOVATED...just set up 'shop' , signage, and start smiling at your piggy bank. For an Investor, you can be the Landlord of ONE anchor/major commercial renter, MANY Retail/Offices, or Residential (after conversion)! For an End User....c'mon, why pay one penny more in rent when you can move your business here! Or be BOTH! Be an onsite Landlord and put your business on one floor and the tenant(s) on another! Let's not stop there....AND AN OPTION TO HAVE A SECOND LOT FOR $350K MORE! OWNER NEXT DOOR IS SELLING GARAGES!!!! This is a ONE-OF-A-KIND OPPORTUNITY TO BE ABLE TO OWN BOTH LOTS! 3600/98 AND 3600/97 OR JUST THE CORNER SEPARATELY. ** It's nice to have options in a market that is limited! ** JUST RENOVATED: -NEW Roof -NEW HVAC/ 7 SPLITS! Hybrid- Heating/Cooling -NEW Windows -(2) NEW Kitchenettes...perfect for water-cooler talk and office gossip! -(2) NEW Half Baths. One on each floor. -(2) 25 Gallon Water Tanks. One for each floor. -NEW Flooring -NEW Electric -NEW Plumbing -NEW Fire Escape -NEW Pointing -NEW Cement Work. ALL NEW SIDEWALK CEMENT WORK DONE. -NEW Recessed Lighting -NEW Doors -NEW Garage Doors -Fire Sprinklers -NEW Sheet Rock -NEW Stairs Property Information: 7416 Cypress Hills St / $1,899,995 BBL: 4/3600/98 Building: 5ft X 83ft Lot: 8.5ft X 112.17IRR R5b / 3,672SF / Built 1931 / Taxes: $14,871.20 Land Information: 7413 65th Street / $350,000 BBL: 4/3600/97 Building Class: Garages / G0 Lot: 20ft X 56.25ft 1,125SF / Built 1950 / Taxes: $943.20 Both Lots: Lot: 132.17ft LONG!, Additional information: Building Size:5X83,Rental Income:Y,vac_perc:100
Location
State NY
County Queens
Interior
Heating Natural Gas, Ducts, Electric, ENERGY STAR Qualified Equipment
Fireplace No
Exterior
Total Parking Spaces 4
Private Pool No
Building
Story 2
Others
Special Listing Condition None
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Listed by BLT Minimax Realty Inc
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Devon Marie Ferdinand
Broker | License ID: 10311209766
Broker License ID: 10311209766