40 Cypress St, Newton, MA 02459 (MLS # 73551391)

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PRICE $4,250,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 15,000 sqft
LOT SIZE 17,424 sqft

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.

LAST UPDATED 7/17/2026 YEAR BUILT 2026
COUNTY Middlesex STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
LOT 0.4 acre(s)
LOT DESCRIPTION Level, Sloped
SEWER Public Sewer
STORIES 4
TAXES 14766
WATER Public
MORTGAGE CALCULATOR
   

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Listing provided by O & C Homes Team, William Raveis R.E. & Home Services
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