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$4,250,000
New Listing

40 Cypress St
Newton, MA02459

For Sale|Multi Family|Active
0
Beds
0
Total Baths
15,000
SqFt
$283
/SqFt
2026
Built
County:
Middlesex
Call Now: 617-648-9415
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617-648-9415
40 Cypress St40 Cypress St
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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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Listing Snapshot
Price 
$4,250,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
15,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4 Acres
Year Built 
2026
MLS® Number 
73551391
Status 
Active
Property Tax 
$14,766
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
3 hours agoListing first seen on site
General Features
Acres 
0.4
Foundation 
Concrete Perimeter
Number Of Stories 
4
Parking Spaces 
9
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
10500
SqFt Below 
4500
SqFt Total 
15000
Water Source 
Public
Zoning 
MR1/MR
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Exterior Features
Lot Features 
LevelSloped
Community Features
Community Features 
PoolTennis Court(s)ParkGolf
Listing courtesy of O & C Homes Team of William Raveis R.E. & Home Services



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, landlords, 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, leasing or renting 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, leasing or renting. 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.

Last checked 2026-07-17 05:15 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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