Skip to main content

Mixed-Use

223 Ralph Avenue

223 Ralph Ave, Brooklyn, NY 11233

Listing Price: $3,450,000

Cap Rate
7.50%
Number of Units
8
Occupancy
100.0%
Price/Unit
$431,250
Price/Gross SF
$490.06
Gross SF
7,040

Investment Overview

Marcus & Millichap is pleased to offer 223 Ralph Avenue, an opportunity to acquire a cash-flowing, predominantly free-market mixed-use building in the heart of Bedford-Stuyvesant, Brooklyn. The property consists of 9 total units (7 residential, 2 commercial) across 7,040 gross square feet, offering stable in-place income with additional upside through rent growth and ancillary income optimization.

Investment Highlights

  • 223 Ralph Avenue, built in 1910 is a mixed-use asset with 8 units, approx. 7,040 SF.
  • Tax Class: 2B | Zoning: R6B, C2-4 | 86% Free Market
  • Situated in the thriving Bedford-Stuyvesant neighborhood, the property benefits from strong residential demand and convenient public transportation access to J & A/C trains.

Exclusively Listed By

Financing By

Mixed-Use

223 Ralph Avenue

Listing Price: $3,450,000

Cap Rate
7.50%
Number of Units
8
Occupancy
100.0%
Price/Unit
$431,250
Price/Gross SF
$490.06
Gross SF
7,040

Investment Highlights

  • 223 Ralph Avenue, built in 1910 is a mixed-use asset with 8 units, approx. 7,040 SF.
  • Tax Class: 2B | Zoning: R6B, C2-4 | 86% Free Market
  • Situated in the thriving Bedford-Stuyvesant neighborhood, the property benefits from strong residential demand and convenient public transportation access to J & A/C trains.

Investment Overview

Marcus & Millichap is pleased to offer 223 Ralph Avenue, an opportunity to acquire a cash-flowing, predominantly free-market mixed-use building in the heart of Bedford-Stuyvesant, Brooklyn. The property consists of 9 total units (7 residential, 2 commercial) across 7,040 gross square feet, offering stable in-place income with additional upside through rent growth and ancillary income optimization.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower