117 Ralph Ave,  Brooklyn NY, 11221

(Active)
$2,195,000
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MLS# OLRS-0074225
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Last Updated: 10/23/2018 8:18 PM
Description for 117 Ralph Ave Brooklyn, NY 11221
With an estimated Cap Rate of 5.8% this is an outstanding opportunity for investors in one of Brooklyn’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 won’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 that’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**
Price
$2,195,000
Bedford Stuyvesant
Kings
OLRS-0074225
Active
Description
With an estimated Cap Rate of 5.8% this is an outstanding opportunity for investors in one of Brooklyn’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 won’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 that’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**
Listing Information
Property Type: Multi-Family, Other
33 1905
Bedford Stuyvesant
Neighborhood
Room Information
Interior Features
3
Exterior / Lot Features
Balcony
20.00 X 72.00
Listing Price History

Brooklyn Real Estate

Brooklyn is located in New York. Brooklyn, New York 11221 has a population of 8,550,405.

The median household income in Brooklyn, New York 11221 is $52,737. The median household income for the surrounding county is $46,958 compared to the national median of $53,482. The median age of people living in Brooklyn 11221 is 35.7 years.

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This content last refreshed on 10/23/2018 8:18 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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