There are multiple listings for this address:
$4,250,000
40 Cypress St
Newton, MA, 02459
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.
Property Details
Price:
$4,250,000
MLS #:
73551383
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subtype:
Residential
Listed Date:
Jul 17, 2026
Lot Size:
17,460 sqft / 0.40 acres (approx)
Schools
Interior
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
Lot Features
Elevated, Lot Staked
Financial
Tax Year
2026
Taxes
$14,766
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Community
- Address40 Cypress St Newton MA
- CityNewton
- CountyMiddlesex
- Zip Code02459
Subdivisions in Newton
- 15306
- Brae Burn Country Club Neighborhood-West Newton
- Chestnut Hill
- Corner of Hillside Rd. and Walnut St.
- Crystal Lake
- Farlow Hill
- Newton Center
- Newton Centre
- Newton Centre, Newton Corner
- Newton Corner – great spot .5 mile from Starbuck’s
- Newton Highlands
- Newtonville
- Oak Hill
- Oak Hill Park
- Olde Chestnut Hill
- South Side
- The Residences at Four Corners
- Waban
- Waban Square
- Waban Village
- West Newton
- West Newton Hill
Similar Listings Nearby
Property Summary
- 40 Cypress St Newton MA is a Land for sale in Newton, MA, 02459. It is listed for $4,250,000 and features 0 acres. To schedule a showing of MLS#73551383 at 40 Cypress St in Newton, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of William Raveis R.E. & Home Services. The property listing data and information 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 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 set forth herein.
40 Cypress St
Newton, MA
$4,250,000
40 Cypress St
Newton, MA, 02459
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.
Property Details
Price:
$4,250,000
MLS #:
73551391
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Residential
Listed Date:
Jul 17, 2026
Finished Sq Ft:
15,000
Lot Size:
17,460 sqft / 0.40 acres (approx)
Schools
Interior
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
Lot Features
Elevated, Lot Staked
Financial
Tax Year
2026
Taxes
$14,766
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Current real estate data for Multi Family in Newton as of Jul 17, 2026
18
Multi Family Listed
251
Avg DOM
$4,166,600
Avg List Price
Community
- Address40 Cypress St Newton MA
- CityNewton
- CountyMiddlesex
- Zip Code02459
Subdivisions in Newton
- 15306
- Brae Burn Country Club Neighborhood-West Newton
- Chestnut Hill
- Corner of Hillside Rd. and Walnut St.
- Crystal Lake
- Farlow Hill
- Newton Center
- Newton Centre
- Newton Centre, Newton Corner
- Newton Corner – great spot .5 mile from Starbuck’s
- Newton Highlands
- Newtonville
- Oak Hill
- Oak Hill Park
- Olde Chestnut Hill
- South Side
- The Residences at Four Corners
- Waban
- Waban Square
- Waban Village
- West Newton
- West Newton Hill
Similar Listings Nearby
Property Summary
- 40 Cypress St Newton MA is a Multi Family for sale in Newton, MA, 02459. It is listed for $4,250,000 To schedule a showing of MLS#73551391 at 40 Cypress St in Newton, MA, contact your Pegasus Realty LLC agent at 781-858-3505.