429 Ralph Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11233- Weeksville
$1,499,000 USD
917-502-3964
429 Ralph Ave, Brooklyn, NY for Sale
$1,499,000 USD
Storefront Retail/Residential - FOR SALE
1/21
null | Request Cap Rate

429 Ralph Ave
Brooklyn, NY 11233
Weeksville


HIGHLIGHTS

  • CORNER PROPERTY -High Visibility with Apartments above and Cellular Antenna Income

OVERVIEW

Motivated Seller- Priced to Sell This mixed-use corner property offers a rare and exciting opportunity to acquire a piece of historical Brooklyn with exceptional flexibility. Built in 1927, 429 Ralph Avenue is a 2326 SF building that will be delivered vacant and features 2 x 1-bedroom apartments, 1 large commercial first floor and a substantial basement. The property is R6 zoned and also offers a private 3 car parking, private owners' entrance, and a rooftop with roof rights. Perfect as a versatile asset for an investor, owner-user or developer looking for a Brooklyn property with multiple avenues and creative uses. ( We have included a few generated images showing all the possible uses of the space ) - With corner positioning and tons of foot traffic, this space is great for use as a cafe, fitness studio, smoothie shop etc.. You have the flexibility to establish new residential and commercial income. A portion of the roof is currently rented by Verizon and is up for a contract negotiation and extension. Contact us today to set up a showing or setup.

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$644 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mixed-use Property for Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,333 SF

ZONING

R6

APN/PARCEL ID

01451-0011

ASK ABOUT THIS PROPERTY

Todd WeinbergDouglas EllimanMore Info
917-502-3964

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Todd WeinbergDouglas EllimanMore Info
917-502-3964

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