852 CYPRESS Avenue #3D
About This Property
Enormous duplex 1 bedroom loft w/TWO PRIVATE BALCONIES in the former Ridgewood Times Newspaper Building right on the border of Ridgewood and Bushwick. This chic and sunlit apartment has high ceilings complimented by beautiful wood flooring along with two private balconies, two bathrooms and an in unit washer/dryer. There are massive windows looking out onto each balcony and plenty of storage. The larger balcony/terrace is approximately 275 square feet with plenty of room for a table, chairs, etc. The smaller balcony is the perfect spot to get some air and enjoy the view.
Pet friendly, storage and bike storage available as well as a common roof deck. This unit measures approximately 1018 sq ft (with an additional 380 square feet of outdoor space) and includes a spacious entry foyer and an expansive, open living room, along with a full bathroom, laundry closet and two storage closets. The open kitchen has been beautifully renovated with wooden cabinets, a butcher block counter top and stainless steel appliances. A wooden spiral staircase brings you to the second floor bedroom with another full bathroom and all the closet space you've dreamed of having. You are conveniently located close to the Myrtle Avenue L and M trains. There is a J51 tax abatement in place that expires in 2026.
- Two Private Balconies
- Massive Living Area
- Open Kitchen w/Stainless Steel Appliances
- Washer/Dryer
- Dishwasher
- Two Full Bathrooms
- Harwood Floors
- Beamed Ceilings
Built in 1920 and converted in 2008, the original feel of the building and neighborhood is well preserved. This is the kind of loft that you've been looking for but can never seem to find. Showings are by appointment only with 48 hours notice.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/01/2026
| |
Loft
|
-
|
762 ft²
|
$328,000
Loft
-
762 ft²
|
-
-
|
Wai M. Wong
All City Brokerage Inc
|
|
12/07/2022
|
1 Bed
|
2 Bath
|
1018 ft²
|
$865,000
1 Bed
2 Bath
1018 ft²
|
$860,000
-0.58%
04/14/2023
|
Kunal Khemlani
Corcoran Group
| |
|
05/10/2022
|
1 Bed
|
2 Bath
|
-
|
$850,000
1 Bed
2 Bath
|
$865,000
+1.76%
09/20/2022
|
Matthew DeSilva
Corcoran Group
| |
|
05/06/2021
|
Studio
|
1 Bath
|
740 ft²
|
$599,000
Studio
1 Bath
740 ft²
|
$590,000
-1.50%
10/07/2015
|
Christian Wittmann
Compass
| |
|
06/11/2020
|
1 Bed
|
1 Bath
|
912 ft²
|
$700,000
1 Bed
1 Bath
912 ft²
|
$2,500
-99.64%
08/27/2020
|
Martin Freiman
Redfin Real Estate
| |
|
10/04/2017
|
1 Bed
|
2 Bath
|
1133 ft²
|
$855,000
1 Bed
2 Bath
1133 ft²
|
$855,000
12/13/2017
|
Christian Wittmann
Compass
| |
|
04/28/2017
|
2 Bed
|
1 Bath
|
1093 ft²
|
$850,000
2 Bed
1 Bath
1093 ft²
|
$850,000
06/30/2017
|
Christian Wittmann
Compass
| |
|
02/10/2016
|
1 Bed
|
2 Bath
|
1039 ft²
|
$795,000
1 Bed
2 Bath
1039 ft²
|
$795,000
05/19/2016
|
Christian Wittmann
Halstead dba Brown Harris Stevens Residential Sales LLC
| |
|
02/10/2015
|
1 Bed
|
2 Bath
|
1133 ft²
|
$749,000
1 Bed
2 Bath
1133 ft²
|
$774,000
+3.34%
04/09/2015
|
Matt Sadewitz
Douglas Elliman Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017