$935,000
Updated 2 years ago
Off Market

1062 Cypress Ave

Ridgewood, Queens | Norman Street & Summerfield Street

2,400 Square FeetDevelopment Site

$935,000
floors / apts2 / 4
Lot Size20'x76'
Built Size20'x60'
ZoneR6B
Building TypeHouse
RE Taxes$10,000
Price Per SF
$390

Property Description for 1062 Cypress Ave

Introducing 1062 Cypress avenue built 20×60 on a 76 lot. The property comes with approved plans to build up an additional two floors. This was appraised at 2,800,000 on completion for condo sellouts. Currently fully vacant with a brick frame & metal studs / support & framing through out the property. Needs 4-600k in additional work. Full plans & walkthrough video / access available for qualified buyers

Listing History for 1062 Cypress Ave

Now
02/03/2025
POM by Nathaniel J. Smith
Oxford Property Group
2025

Building Details for 1062 Cypress Ave

OwnershipDevelopment Site
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts2/4
Learn More About the Building

Transit and Citi Bike

Subway

Halsey St
0.19 miles

Citi Bike

Summerfield St & Cypress Ave
0.02 miles
Cypress Ave & St Felix Ave
0.12 miles

Contact Agent

Contact Agent

Nathaniel Smith
FIND Real Estate

Ridgewood | Queens

Quick Profile

Unique for being a symbolic and literal bridge between Brooklyn and Queens, Ridgewood incorporates both distinct elements of these boroughs into its persona. Originally considered part of Brooklyn, the neighborhood broke off with Bushwick in the 1700s at a point called, appropriately, Arbitration Rock. When the blackout of 1977 occurred, the residents of Ridgewood only further wanted to dissociate themselves from their Bushwick neighbors as the bedlam that ensued in between the looting and the riots made them feel just a tad superior. 

And yet, just because its zip code changed didn’t mean Ridgewood could ever fully break free from its proximity and entwined identity with Bushwick. Pegged as the next “it” destination and hipster haven to move to circa 2016, Ridgewood has surprised many with its steady pace of growth, therefore well-maintained “neighborhood” feel. 

Rife with quiet blocks filled with quaint, colorful buildings, Ridgewood offers the bodegas and local businesses one also expects of “old world” Brooklyn. An increase in the number of coffee shops, bars and DIY venues have continued its natural association with Bushwick, however, the deeper into the neighborhood you go, the more apparent it becomes that Ridgewood is very much its own very Queensian thing. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 95983TH