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468 Ralph Ave
Brooklyn, NY 11233

Multifamily Property For Sale · 6 Units

Investment Highlights

  • FREE MARKET 6 FAMILY
  • Clean Paperwork
  • 30' of Frontage on Ralph Ave
  • Large 3 Bedroom / 1 Bathroom Layouts

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.07 AC
Building Size 5,627 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1910/1990

Unit Amenities

  • Air Conditioning
  • Ceiling Fans
  • Eat-in Kitchen

About 468 Ralph Ave , Brooklyn, NY 11233

Marcus & Millichap's Matthew Peters & Jordan Fessler, is pleased to present the exclusive listing located at 468 Ralph Avenue, a three-story brick apartment building located on Ralph Avenue between St. Marks Avenue and Prospect Place in the Crown Heights section of Brooklyn, New York (Block: 01363; Lot: 0052). The building is built approximately 30.29 feet by 64 feet and sits on an approximate 30.29 foot by 100-foot lot. The property is currently comprised of six free market apartments. All of the units are comprised of three-bedroom one-bathroom layouts. Furthermore, all units are large enough to add more bedrooms and/or bathrooms to further increase rental income. All bedrooms are large enough to fit a queen-sized beds and have a spacious living room, dining room and kitchen layout. The building has been very well maintained over the years and kept in the family over the last 35 years. Building was gut renovated and converted to a free market building in the 90’s taking it out of Rent Stabilization. The building is located in Crown Heights within walking distance of "A" and "C" Train at Ralph Avenue as well as the "4" & "5" Trains at Utica Avenue. The property is zoned R6.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 6 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01363-0052
Land Assessment
$6,750
Improvements Assessment
$449,100
Total Assessment
$455,850

zoning

Zoning Code R6
R6
  • Listing ID: 18093048

  • Date on Market: 1/6/2020

  • Last Updated:

  • Address: 468 Ralph Ave, Brooklyn, NY 11233

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