40 Cypress St, Newton, MA 02459
40 Cypress St, Newton, MA 02459
40 Cypress St, Newton, MA 02459
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Steven Steiner

Steven Steiner

+1(603) 733-6696
$ 4,250,000
Est. payment | /mo

0.4 Acres Lot

Save
$ 4,250,000
Est. payment | /mo
Save

0.4 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73551383

HOA Y/N false

Annual Tax Amount $14,766

Tax Year 2026

Lot Size 0.400 Acres

Acres 0.4

Property Sub-Type Residential

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.

Location

State MA

County Middlesex

Zoning MR1/MR

Direction USE GPS

Exterior

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Building

Lot Description Elevated, Lot Staked

Sewer Public Sewer, Perc Test On File

Water Public

Others

Senior Community false

Listed by William Raveis R.E. & Home Services

Nearby Locations

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Steven Steiner
Steven Steiner

Broker | License ID: 068128

+1(603) 733-6696

48 Maple Manor Rd, Center Conway , New Hampshire 03813, USA

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40 Cypress St