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Mixed-Use Building with Pharmacy
New
For Sale
$1,799,000

11-05 Cypress Avenue, Ridgewood, NY 11385

Commercial Sale, Ridgewood, NY

Property SizeContact for details
Lot Size0.05 Acres
Days on Market1

Property Features for 11-05 Cypress Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning M1-4D
Rooms Basement
Basement Full
Elementary school Ps 68 Cambridge
Middle school Joseph F Quinn Intermediate School 77
High school Grover Cleveland High School
Elementary school district Queens 24
Middle school district Queens24
High school district Queens24
Standard status Active
APN 03568-0017
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7735

Utilities

Sewer type Public Sewer
Heating system Oil
Water source Public

Building Details

Year built 1930
Floors in Building 1
Number of units 3
Flooring type Wood
Building materials Brick
Listing Agency: Crifasi Real Estate Inc
Listed By: Joseph V. Crifasi
Added: Oct 19 Last Checked: Oct 19 at 3:06PM
MLS# 1063100

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 1930, this three-story brick mixed-use building has a pharmacy on the ground floor and an apartment on each of the two upper floors. The second-floor unit has one bedroom, an eat-in kitchen, a living room, and a full bathroom. The third-floor unit includes three bedrooms, an eat-in kitchen, a living room, a dining room, and a full bathroom. A full basement and yard are also part of the property. Heating is oil-fired, with public water and sewer service.

The property is 0.7 miles from the subway and is zoned M1-4D. Improvements include a roof and boiler installed in 2025, windows replaced in 2022, and updated kitchens and bathrooms in both apartments. Additional work includes a return line replacement in 2019, a new front door, wood carpentry repairs, and refreshed hallway paint.

The pharmacy lease runs through 2028 with an option to renew. The second-floor apartment lease expires in November 2026, and the third-floor apartment lease expires in 2027.

Key Highlights

  • Three‑story brick mixed‑use property with a ground‑floor pharmacy and two apartments
  • 0.045‑acre lot with full basement and yard
  • M1‑4D zoning

Property Analytics

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Current Use

Cypress RX Pharmacy Pharmacy New York Glamour ... Nail Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Carpet & Flooring Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,576
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Speedway Shops & Services
15,563 visits/mo 0.3 miles
BP Shops & Services
9,090 visits/mo 0.5 miles
CubeSmart Self Storage Shops & Services
2,668 visits/mo 0.5 miles
Conoco Shops & Services
1,210 visits/mo 0.4 miles

Demographics for 11385, NY

100,883
Population
40,175
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
28,023
Density / Sq Mi
$87,365
Median Household Income
$47,335
Median Earnings
$1,959
Median Rent
$842,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A ground-floor pharmacy and two upper-level apartments occupy this three-story brick property.
Where is this mixed-use property located?
The property is located at 11-05 Cypress Avenue Ridgewood, NY.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Three‑story brick mixed‑use property with a ground‑floor pharmacy and two apartments; 0.045‑acre lot with full basement and yard; M1‑4D zoning
More about this property
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