Off Market

40 Cypress St, Newton, MA

Newton · MA 02459

$4,250,000
Price
0
Beds
0
Baths
15000
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 2026
Units: 10 Units
Lot size: 0.4 Acre Lot
Price per square foot: $283 / Sq.Ft
Parking: 9 Off Street Spaces

About this home

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.

Neighborhood & Transit

40 Cypress St, Newton · MA 02459

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Newton Centre Green 0.08 mi

Price Insight

Days on Market:
110 days
Listing Price:
$4,250,000
Price per Sq.Ft:
$283
Tax Assessment:
$1,523,800 in 2026
Taxes:
$1,231 / Monthly

Home Facts

Interior Features

Bedrooms
0
Full Bathrooms
0
Half Bathrooms
0
Living Area
15,000 Sq.Ft (Includes Basement)
Broker Disclosure about Living Area
List agent is owner
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
10500
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
17,460 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
9 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
O & C Homes Team
Listing office
William Raveis R.E. & Home Services
MLS PIN #
73551391
Disclosure
List agent is owner