1105 Cypress Ave #MIX, Ridgewood, NY 11385

Description

Prime Mixed-Use Opportunity - Two-Family + Storefront with Basement & Backyard in the Heart of Ridgewood

Located on a 20' x 97' lot in one of Queen's most sought-after neighborhoods, this income-producing mixed-use property offers both strong in-place cash flow and long-term upside. The ground floor is occupied by a well-established pharmacy, delivering a stable and reliable income stream. Above, the property features two well-appointed three-bedroom, one-bathroom residential units.

Spanning approximately 4,280 square feet, the building is thoughtfully laid out as follows:

Full basement with utility and mechanical room, plus direct access to the backyard

First floor: 1,100 SF of turn-key commercial/retail space, with an additional 840 SF private backyard

Second floor: 1,100 SF expansive renovated 3-bedroom apartment featuring a separate kitchen, living room, marble bathroom, and an additional room suitable for a home office or bedroom

Third floor: 1,100 SF large renovated 3-bedroom apartment with a separate kitchen, living room, marble bathroom, and bonus room, including new windows and updated electrical throughout the entire building

Positioned just moments from the Halsey Street subway station, this property sits in the heart of one of Brooklyn/Queens' most rapidly growing and in-demand neighborhoods. Ridgewood continues to thrive as a destination for renters and retail alike, fueled by strong tenant demand, vibrant local commerce, and seamless access to transportation, shopping, and many more attributes.

Don't miss the rare opportunity to own a mixed-use asset in the booming Ridgewood location with immediate income and long-term growth potential.