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Map
$1,995,000
●
Multifamily -
Off Market
117 Ralph Avenue #BUILDING
Brooklyn, NY 11221
11 Beds
8 Baths
4400 Sqft
$2,922,311
RealtyHop Estimate
46.48%
Since Jul 1, 2019
NY-New York
Primary Model
About This Property
With an estimated Cap Rate of 5.6% this is an outstanding
opportunity for investors in one of Brooklyn's hottest
neighborhoods! The impeccably gut-renovated, legal 4-family brick
townhouse at 117 Ralph Avenue is in mint condition, and perfectly
located on a historic block in vibrant Bedford Stuyvesant. Receive
excellent rental income from 4 fabulous, spacious units featuring
hardwood floors, recessed lighting and stylish modern finishes.
Residence 1 is a 2 bedroom 2 bathroom garden unit with access to a
large rear yard. Residences 2, 3 and 4 have 3 bedrooms and 2 baths.
All sun-filled living/dining areas are complemented by beautiful
open kitchens appointed with granite counters, tile backsplash and
stainless steel appliances. Lovely contemporary bathrooms clad in
designer wall and floor tiles and generous closet space optimize
the appeal of these very refined units that won't be vacant long!
The building also offers a basement with high ceilings and an open
layout that can be used for storage and other purposes. Tenants pay
their own utilities which is an excellent bonus for the owner.
Residents enjoy convenience galore at a prime address that's
moments from the Halsey Street (M/J/Z) subway stations, and in
close proximity to restaurants, cafes, grocery stores, schools and
more!
**Note: Taxes will be significantly lower upon time of possession. Set up sheets available upon request**
**Note: Taxes will be significantly lower upon time of possession. Set up sheets available upon request**
Unit Size
4,400Ft²
Days on Market
240 days
Land Size
-
Price per sqft
$453
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1905
Last updated: 3 months ago (RLS #OLRS-0074225)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jun 6, 2019 | No longer available | - | |
No longer available | |||
Jun 6, 2019 | Sold | $1,995,000 | |
Sold | |||
Apr 2, 2019 | In contract | - | |
In contract | |||
Nov 13, 2018 | Price Decreased |
$2,000,000
↓ $195K
(8.9%)
|
|
Price Decreased | |||
Oct 9, 2018 | Listed by Compass | $2,195,000 | |
Listed by Compass |
Property Highlights
Interior Details
Bedroom Information
Bedrooms: 11
Bathroom Information
Full Bathrooms: 8
Interior Information
Living Area: 4400
Room Information
Rooms: 33
Exterior Details
Property Information
Year Built: 1905
Building Information
Outdoor Living Structures: Building Patio, Patio
Pets Allowed: Building Yes, Yes
Lot Information
Lot Size Dimensions: 20.0 x 72.0
Land Information
Tax Lot: 6
Tax Block: 1487
Location Details
Subdivision Name: Stuyvesant Heights
Stories Total: 4
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
4
Beds
3
Baths
3,400 ft²
$493/ft²
$1,675,000
Mar 30, 2018
$1,675,000
Aug 30, 2018
-
Multifamily
6
Beds
3
Baths
3,240 ft²
$554/ft²
$1,795,000
Mar 4, 2019
$1,795,000
Jun 3, 2019
-
Multifamily
4
Beds
4
Baths
3,096 ft²
$638/ft²
$1,975,000
Nov 16, 2017
$1,975,000
Feb 13, 2018
-
Multifamily
5
Beds
3
Baths
3,178 ft²
$566/ft²
$1,800,000
Sep 7, 2022
$1,800,000
Feb 13, 2023
-
Multifamily
5
Beds
4
Baths
3,012 ft²
$561/ft²
$1,690,000
Jun 29, 2020
$1,690,000
Jan 25, 2021
-
Multifamily
5
Beds
4
Baths
3,096 ft²
$536/ft²
$1,660,000
May 20, 2020
$1,660,000
Apr 30, 2021
-
Active
Multifamily
4
Beds
5
Baths
3,750 ft²
$533/ft²
$1,999,000
Jun 22, 2023
-
-
Active
Multifamily
5
Beds
4
Baths
3,776 ft²
$490/ft²
$1,850,000
Jul 29, 2023
-
-
In Contract
Multifamily
6
Beds
4
Baths
3,660 ft²
$519/ft²
$1,900,000
Feb 24, 2023
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/09/2018
|
11 Bed
|
8 Bath
|
4400 ft²
|
$2,195,000
11 Bed
8 Bath
4400 ft²
|
$1,995,000
-9.11%
06/06/2019
|
-
|
Martin Eiden
The Corcoran Group
|