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- LoopNet Team
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 | Lot Size | 0.07 AC |
| Property Type | Multifamily | Building Size | 5,627 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 1910/1990 |
| Zoning | R6 - R6 is a medium-density residential zoning district. | ||
| 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 |
| Zoning | R6 - R6 is a medium-density residential zoning district. |
AMENITIES
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
| Parcel Number | 01363-0052 | Improvements Assessment | $509,850 |
| Land Assessment | $6,750 | Total Assessment | $516,600 |
PROPERTY TAXES
