Buy with Yoreevo
$2,947,500
List Price: $3,000,000
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996 Cypress Avenue
House in Ridgewood •  building info
studio • 7,399ft² $405 per ft²
Buy with Yoreevo

$2,947,500

List Price

$3,000,000

Key Details
Days on market
105
Last price change
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Estimated payment
$24,730/mo
Taxes
$8,106/mo
Maintenance
N/A
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 long term 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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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$3,000,000
Asking Price: $3,000,000
Term
30 Years
Down Payment
$300,000 (10%)
Min: 10% (300,000)
Rate
6.25 %
Mortgage Amount
$2,700,000
Mortgage Payment
$16,624
Taxes
$8,106
Estimated Yoreevo rebate
$52,500
Estimated closing cost
$116,000
Total monthly cost $24,730
Buy your dream home with us and get an estimated $52,500 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Link NY Realty

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