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Corner Mixed-Use Building
For Lease
$3,000,000

996 Cypress Avenue, Ridgewood, NY 11385

Four-story walk-up combines residential apartments with commercial space.

Space SizeContact for details
Days on Market35

Property Features for 996 Cypress Avenue

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1927
Listing Agency: Link NY Realty
Listed By: Valon Nikci (sales@linknyrealty.com)
Source: Johnedwardsrealestate
Added: Jul 26 Changed: Aug 28 Last Checked: Aug 25 at 10:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Link NY Realty

Investment Insights

Based on property information with market context.

Built in 1927, this four-story walk-up at 996 Cypress Avenue contains 15 residential units and 2 commercial spaces within 15,744 square feet. The 17-unit configuration combines apartment occupancy with street-level commercial use in a single mixed-use building.

The property occupies the corner of Cypress Avenue and George Street in Ridgewood, Queens. Jefferson Street’s L train station is 0.1 miles away, providing direct transit access toward Manhattan and Brooklyn. The corner setting also gives the building a prominent presence along both avenues.

Key Highlights

  • 15,744 square feet across a 17‑unit mixed‑use building
  • 15 residential units plus 2 commercial spaces
  • Four‑story walk‑up built in 1927

Property Analytics

Current Use

Mixed-use properties

Suggested Use

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

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,359
Businesses Nearby

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

Market

Lease Benchmarks for Ridgewood, NY

$48.66 /SF/Yr
Avg Asking Price
$39–$60 /SF/Yr
Price Range
6,102 SF
Avg Space Size

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four-story walk-up combines residential apartments with commercial space.
Where is this mixed-use property located?
The property is located at 996 Cypress Avenue Ridgewood, NY.
What is the lease rate?
The lease rate is $3,000,000.
What are key features of this property?
This property features: 15,744 square feet across a 17‑unit mixed‑use building; 15 residential units plus 2 commercial spaces; Four‑story walk‑up built in 1927
More about this property
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