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1020 Cypress Ave
Ridgewood, NY 11385
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- One block away from the L train
- High development area
- Heavy traffic
EXECUTIVE SUMMARY
Price Reduction!!
Investment property in the heart of Ridgewood NY, One block away from the L train, approximate 25 mins to Manhattan. All Information Must Be Independently Verified. Close to School, Close to Shops, Near Public Transportation
Investment property in the heart of Ridgewood NY, One block away from the L train, approximate 25 mins to Manhattan. All Information Must Be Independently Verified. Close to School, Close to Shops, Near Public Transportation
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,800 SF
Building Class
C
Year Built/Renovated
1931/1993
Price
$2,290,000
Price Per SF
$477.08
Cap Rate
3.94%
NOI
$90,156
Percent Leased
52%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.92
Lot Size
0.06 AC
Zoning
R5B - R5 - Medium density district with a height limit of 40 feet
Frontage
AMENITIES
- Corner Lot
- Signage
PROPERTY TAXES
| Parcel Number | 03552-0064 | Improvements Assessment | $193,500 |
| Land Assessment | $33,750 | Total Assessment | $227,250 |
PROPERTY TAXES
Parcel Number
03552-0064
Land Assessment
$33,750
Improvements Assessment
$193,500
Total Assessment
$227,250
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