202 Ralph Ave
Brooklyn, NY 11233
Turn Key Ready Mixed-Use Building · Retail Property For Sale

The subject offering 571 Decatur Street, was built in 1927 on block: 1786 and lot: 0035. It is located on the corner of Decatur Street and Ralph Avenue; in the Bedford-Stuyvesant neighborhood of Brooklyn, NY. The subject property comprises 2 commercial spaces and 2 -1,400 square feet residential apartments. Each unit has 2-bedrooms and 2-baths. The building is zoned R6B and has a total of 4,080 square feet. It is built 20 feet by 68 feet and occupies a 20 by 80-foot lot. The subject property was gut renovated in 2009 with individualized heating systems for both residential and commercial units. The property is conveniently located three blocks from the A/C train at Ralph Avenue. Presently two residential units are leased. Each with 1-year leases. The larger commercial unit occupying the corner is vacant and currently set up and equipped with a full bar and restaurant. The commercial space occupying the back of the building has 9 years remaining on its lease, and is currently set up as a real estate office equipped with central air and heating.