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8 Beds

-- Bathrooms

3,030 Building Sqft

2,000 Lot Sqft

$1,424,000

574 Ralph Avenue, Brooklyn, New York, 11233

About 574 Ralph Avenue

Active Multi-Family

Welcome to this stunning 3-family home located in the heart of Crown Heights, Brooklyn. The building was meticulously renovated in 2018, offering modern finishes and comfort across three spacious apartments. One apartment will be delivered vacant, perfect for the owner or investor.
The building generates a total of $9,941 in monthly income if fully rented. In addition, with the new “City of Yes” legislation, there may be potential to convert the basement, which already has two separate entrances. An engineer must verify this possibility and complete it with the proper permits. It is the buyer’s responsibility to confirm and pursue this option.
The current mortgage of $865,000 is assumable, should the purchaser decide to take over the existing LLC. The buyer will be responsible for the transfer tax.
Please note that this listing is subject to errors and omissions.

Features of 574 Ralph Avenue

MLS® #
488727
Bedrooms
8
Full Baths
5
Acres
0.05
Type
Residential
Price
$1,424,000
Building Sqft
3,030
Year Built
1899
Sub-Type
Multi-Family

Community Information

Address
574 Ralph Avenue
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11233

Listing Information

Agent Name
Richard Dinerman
Agent Office
Peerless Properties Corp.

Listing Map

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At a Glance

574 Ralph Avenue

Brooklyn, New York, 11233

$1,424,000

8 Beds

-- Bathrooms

3,030 Building Sqft

2,000 Lot Sqft

(718) 987-7900