OPEN HOUSE FOR SALE
$ 2,000,000 Est. Payment

117 Ralph Ave

Brooklyn, NY 11221
Multi-Family
Residence
N/A
Acre Lot
1of
Map
Photos
Courtesy: Martin Eiden - Compass
With an estimated Cap Rate of 5.6% this is an outstanding opportunity for investors in one of BrooklynÂ’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 wonÂ’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 thatÂ’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**
OLRS-0074225
Multi-Family, Other
Kings
1905
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
People
Zip
City
County
National
83,773
8,550,405
2,636,735
321,418,820
60,573
27,613
36,303
89
2.9
2.6
2.7
2.6
31.4
35.7
34.3
37.4
$39,785
$52,737
$46,958
$53,482
$19,340
$32,459
$25,932
$28,555
 
Economy
Zip
City
County
National
5.10 %
5.10 %
5.20 %
5.20 %
3.00 %
3.00 %
3.00 %
1.60 %
40.80 %
40.80 %
40.70 %
38.00 %
8.87 %
8.87 %
8.87 %
6.00 %
10.04 %
10.04 %
6.45 %
4.60 %
240
180
193
100
 
Environment
Zip
City
County
National
49
50
36
1443
47.2
47.1
46.9
39.2
25.8
25.4
23.4
25.8
26.9
26.5
26.9
22.6
84.1
84.5
84.4
86.1
113
113
115
102
232
224
226
205
62
60
59
54
Source: Sperling's Best Places
Courtesy: Martin Eiden - Compass
Thomas O'Leary, License 10311207479, Xome Inc., License 10991227159, ThomasH.Oleary@xome.com, 844-400-XOME (9663), 57 W 16th St, 2nd Floor, New York, NY 10011

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