Development Site - Buildable to 118,300 SF

Size
118,300 sq. ft.
Address
951 Cypress Avenue, Ridgewood, NY 11385
Property Type
Development, Investment
Block & Lot
3562 / 6
Zoning
M1-4D
Special Features
Lot Dimensions: 104' x 175' (Comb. Approx.) Assessment (16/17: $2,355,000 (Comb. Approx.) RE Taxes (16/17): $90,090 (Comb. Approx.) The subject property is a 18,200 square foot assemblage, located on the Northeast corner of Cypress Avenue and Weirfield Street. The zoning of the area (M1-4D) allows for 118,300 square feet to be built. The site is in the heart of Ridgewood near the incredibly popular Myrtle Avenue and is surrounded by retail. With mass transportation around the property (M and L trains within a 10 minute walk), there will always be positive pedestrian traffic that can be beneficial for a potential ground floor retail space. This property has amazing potential for upside. Both properties will be delivered vacant.
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