Property Description for 1068 Cypress Ave
Income Producing 3 Unit Brick Building in Ridgewood, Queens!
This semi-detached brick building spans approximately 2,650 sq ft including a full cellar. Gut renovated with modern kitchens, bathrooms, windows, and mechanical systems, this home couldn't be more ready. Located on Cypress Ave just blocks away from Myrtle Avenue and two blocks from the Halsey L subway stop, you can be in Manhattan in less than 30 minutes.
The ground floor two bedroom one and a half bathroom duplex has private access to a large garden and plenty of space for a home office (or two!). Featuring a sunken living room with soaring 11ft ceilings that has space for tons of furniture and an entertainment system. There are even closets in every single room of the home, and a washer & dryer! A windowed kitchen has tons of cabinets and counter space, with full size appliances and space to move around! Downstairs, a large rec room with high ceilings offers the perfect home office, home gym, movie theater, guest bedroom or roller skating rink!
On the top floor, two additional units provide even more rental income! A spacious, light filled studio, overlooks the backyard. An equally as well lit one bedroom overlooks Cypress Ave. Both apartments have a washer & dryer in the units, spacious layouts, and have just been renovated.
Projected rent roll:
1st Floor 2 Bedroom Duplex: $2750
2nd Floor 1 Bedroom: $2,000
2nd Floor Studio: $1750
Current annual taxes: $6,118/yr
Showings with 24 hours notice by private appointment only.