115 Ralph Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11221- Bedford-Stuyvesant
$2,500,000 USD
718-613-2025
115 Ralph Ave, Brooklyn, NY for Sale
$2,500,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | Request Cap Rate

115 Ralph Ave
Brooklyn, NY 11221
Bedford-Stuyvesant


OVERVIEW

This four-story mixed-use building in the heart of Bedford-Stuyvesant presents a unique opportunity for investors or end-users seeking versatility and long-term value. While the Certificate of Occupancy designates the property as a group home, it is currently occupied as a mixed-use building with a commercial storefront and four residential-style apartments above. The first floor features a thriving bookstore, seamlessly integrating into the neighborhood’s vibrant commercial landscape. Above, the second floor boasts a spacious, full-floor two-bedroom, two-bathroom unit. The third floor is thoughtfully divided into two distinct apartments—one a cozy studio, the other a well-proportioned one-bedroom residence. The fourth floor offers a bright and airy two-bedroom, two-bathroom apartment with a penthouse-style ambiance. Additional highlights include a full basement providing ample storage, a private backyard for outdoor enjoyment, and a flat rooftop with panoramic views of Brooklyn, Manhattan, and New Jersey—an ideal spot to take in fireworks on the Fourth of July and New Year’s Eve. Situated in a prime location, the property is surrounded by an array of restaurants, bars, parks, and cultural hotspots. With easy access to public transportation and alternate-side street parking available, convenience is a key advantage. Whether as an investment or a personal-use property, this building stands out as a distinctive asset in one of Brooklyn’s most sought-after neighborhoods.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$568 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,730 SF

ZONING

R6,Brooklyn, (O9)

APN/PARCEL ID

01487-0007

ASK ABOUT THIS PROPERTY

Donna MyrieBrown Harris Stevens Brooklyn LlcMore Info
718-613-2025

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Donna MyrieBrown Harris Stevens Brooklyn LlcMore Info
718-613-2025

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.