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223 Ralph Ave 7,040 SF 100% Leased Retail Building Brooklyn, NY 11233 $3,650,000 ($518.47/SF) 7.10% Cap Rate
EXECUTIVE SUMMARY
The New York Multifamily team is pleased to offer 223 Ralph Ave, a 9-unit Multifamily Property at Bedford Stuyvesant neighborhood for $3,650,000.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,040 SF
Building Class
B
Year Built
1910
Price
$3,650,000
Price Per SF
$518.47
Cap Rate
7.10%
NOI
$259,150
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
3.23
Lot Size
0.05 AC
Zoning
R6B - R6B As a contextual district, buildings developed in R6B Zoning must comply with Quality Housing Program Regulations.
Frontage
AMENITIES
- Bus Line
Walk Score®
Very Walkable (89)
Transit Score®
Rider's Paradise (100)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01504-0001 | Improvements Assessment | $593,550 |
| Land Assessment | $73,800 | Total Assessment | $667,350 |
PROPERTY TAXES
Parcel Number
01504-0001
Land Assessment
$73,800
Improvements Assessment
$593,550
Total Assessment
$667,350
CONTACTS
-
Daniel Greenblatt -
Shaun Riney -
Seth Glasser -
Benjamin Myerow -
Marcus & Millichap
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223 Ralph Ave
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