Commercial $ NaN

429 RALPH Avenue

Brooklyn, NY 11233

Open House

Fri Jul 17, 11:00am - 12:30pm

  • 2 Beds
  • 3 Baths
    Full Baths: 2 Half Baths: 4
  • - Year Built
Welcome to 429 Ralph Avenue, This amazing corner location offers a rare and exciting chance to acquire a piece of historical Brooklyn. Built in 1927, this three-story brick building features a flexible mixed-use layout with commercial space and residential units above, offering exceptional upside for investors, owner-users, and developers alike in the thriving neighborhood of Crown Heights, Brooklyn. The first floor offers high ceilings, excellent lighting, and easy access. This space can be transformed into a variety of commercial uses. Upstairs are two one-bedroom, one bath apartments with excellent lighting and local views that can be kept as is, renovated or transformed into a beautiful and private multi-room home. The basement is large with ample storage, and direct access to Ralph avenue. Attached to the property is private parking for up to 3 vehicles. Along with as is photos of the property, we have included some staged renderings showing all the great potential this space has. Delivery will be 100% vacant & the building allows for immediate renovation, repositioning, or redevelopment. No tenant buyouts, no delays. Fantastic location and great visibility, The property benefits from strong foot traffic, excellent frontage, and prime exposure in a rapidly growing neighborhood. Property Highlights -Mixed-use building: Ground-floor commercial with residential above Ideal commercial uses: Restaurant, Cafe, Studio, Office, Pharmacy, Fitness studio -Fully vacant delivery -Corner lot with great exposure, tons of frontage and private sidewalk access -Private multi car parking -Generous lot size and favorable building dimensions -R6 zoning, offering flexibility for redevelopment, expansion, or long-term income strategies Suitable for live/work, retail plus residential, or full investment/development scenarios About The Neighborhood Conveniently located near bustling Utica Ave and steps from Fulton Street, the property benefits from immediate access to public transportation and local shops. A 20 minute walk in any direction takes you across Crown Heights, through neighboring Bushwick and Bedstuy. With tons of green spaces, beautiful neighborhoods, restaurants, bars and transportation, this area continues to attract both residents and businesses, making this an ideal location for long-term growth, development and steady returns. A short walk from The Ralph avenue C train station, this prime corner location is an investors ideal scenario. A great opportunity for an investor or cash buyer to own a historical, high quality & income producing corner property in Brooklyn.
Listed by Douglas Elliman Real Estate

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Mixed Use

    Listing Status Active

    Purchase Type For Sale

    Subdivision Crown Heights

    MLS Listing ID RLS20101199

    Bedrooms 2

    Full Baths 2

    Half Baths 4

    HOA Y/N No

    Annual Tax Amount $5,076

    Property Sub-Type Mixed Use

  • Location

    State NY

    County Kings

  • Rooms

    Basement Other

  • Building

    Dwelling Type Mixed Use

    Story 2

    New Construction No

  • Interior

    Interior Features Smoke Free

    Cooling Window Unit(s)

    Fireplace No

    Laundry In Unit

  • Exterior

    Exterior Feature None

    Pool Building None

    View Y/N No

    View Other

    Porch None

    Private Pool Yes

  • Others

    Pets Allowed Pets Allowed

    Tax ID 01451-0011

    Ownership None

    Monthly Total Fees $423

    Special Listing Condition Standard

    Pets Allowed Building Yes, No

SIMILAR HOMES FOR SALE

Check for similar Commercials in Brooklyn,NY

CONTACT

The Jintoorkar Team
The Jintoorkar Team

GET IN TOUCH

Your Full Name
Your Phone Number*
Write Your Message