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40 Cypress St, Newton, MA 02459

Newton
Local realty services provided by:CENTURY 21 McLennan & Company
40 Cypress St,Newton, MA 02459
$4,250,000
  • - Beds
  • - Baths
  • 15,000 sq. ft.
  • Multi-family
  • Active
Listed by: o & c homes team, omar youssef
Office: william raveis r.e. & home services
MLS#:73551391
Source:MLSPIN

Price summary

  • Price:$4,250,000
  • Price per sq. ft.:$283.33

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.

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Home facts

  • Year built:2026
  • Listing ID #:73551391
  • Updated:July 20, 2026 at 10:58 AM

Rooms and interior

  • Living area:15,000 sq. ft.

Structure and exterior

  • Year built:2026
  • Building area:15,000 sq. ft.
  • Lot area:0.4 Acres
  • Lot Features:Level, Sloped
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,250,000
  • Price per sq. ft.:$283.33
  • Tax amount:$14,766 (2026)

Parking

  • Total parking spaces:9
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. MLSPIN Member Broker: Janet McLennan

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