Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

40 Cypress St

Newton, MA ID #73551391

Property Description

Rare development opportunity at 40 Cypress Street in Newton. This 17,000± sq. ft. lot has been subdivided through an approved ANR plan, creating two development parcels. One parcel is approved for two buildings containing six total units, while the second parcel is approved for one four-unit building, for a total of 10 units under Newton’s MRT zoning. Approvals and plans currently in hand include the ANR plan filed with the Registry of Deeds, an approved MRT project through the DRT team with the order filed at the Registry, filed engineering plans, interior demolition permit, fire and sprinkler plans, and tree permit. Structural plans and building permits are expected to be delivered by closing. A significant opportunity to acquire a well-advanced Newton development project with substantial approvals already completed.

Additional Details

  • Status: ACT
  • Type: Multi-Family, Multi Family
  • Zip Code: 02459
  • Taxes: 14,766
  • Levels: 4
  • Acres: 0.40

Parking

  • Garage Capacity: 9
  • Parking Spaces: 9

Location

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40 Cypress St, Newton, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of O & C Homes Team of William Raveis R.E. & Home Services. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.