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182 Ralph Ave
Brooklyn, NY 11233
Multifamily Property For Sale · 9 Units

Executive Summary

Investment Property Realty Group (IPRG) has been exclusively retained to sell 182 Ralph Avenue. The subject property is located on the corner of MacDonough Street and Ralph Avenue in Bedford-Stuyvesant, Brooklyn.
The property offers seven apartments and two stores. Four of the apartments are rent stabilized and three are free market. The property is built 22.67 ft x 70 ft, offering approximately 7,260 square feet. 182 Ralph Avenue sits on a 22.67 ft x 100 ft.
The property is located within walking distance to the A, C, J & Z subway lines.

Property Facts Under Contract

Price Per Unit $424,805 CAD
Sale Type Investment
Cap Rate 5.09%
Gross Rent Multiplier 13.94
No. Units 9
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class B
Lot Size 0.05 AC
Building Size 8,614 SF
Average Occupancy 100%
No. Stories 4
Year Built 1910
Zoning R6B - Medium density residential district

Amenities

Unit Amenities

  • Air Conditioning
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Double Pane Windows
  • Framed Mirrors
  • Vinyl Flooring

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - 800
2+1 3 - 1,000

Property Taxes

Property Taxes

Parcel Number
01673-0054
Land Assessment
$12,442 CAD
Improvements Assessment
$847,273 CAD
Total Assessment
$859,715 CAD
  • Listing ID: 32932260

  • Date on Market: 2024-08-23

  • Last Updated:

  • Address: 182 Ralph Ave, Brooklyn, NY 11233

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