80-38 Cypress Ave, Glendale, NY 11385

Description

Great Investment Opportunity!

Well-maintained 4-family brick home in prime Glendale/Ridgewood location, just a short walk to the L train at Norman St & Wyckoff Ave. This pre-war building offers approximately 3,450 SF of living space across four residential units with an average unit size of 863 SF. Built in 1931, the property features classic pre-war architectural details including a decorative cornice, beige brick facade with limestone trim, window surrounds, and horizontal banding between floors. The front entrance includes a covered wooden portico, glass-paneled sidelights, concrete steps with iron stoop railings, and a decorative iron fence with sunburst detailing along the sidewalk. The property also includes a spacious backyard, ideal for outdoor entertaining or gardening. The building also features a full unfinished basement, currently used for storage, with potential for conversion subject to NYC DOB regulations and zoning requirements. Situated on a 25 x 100 lot (2,500 SF) in an R4-1 zone.

Excellent location! Just steps to the B20 bus, close to shopping along Myrtle Ave, restaurants, cafes, and Highland Park. Walk Score of 78 and Transit Score of 84 make this an easy commute to Manhattan. Low flood risk (FEMA Zone X). Annual taxes are approx. $10,234.