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223 Ralph Ave 7,040 SF 100% Leased Retail Building Brooklyn, NY 11233 $5,064,813 CAD ($719.43 CAD/SF) 7.10% Cap Rate



EXECUTIVE SUMMARY
The New York Multifamily team is pleased to offer 223 Ralph Ave, a 9-unit Multifamily Property at Bedford Stuyvesant neighborhood for $3,650,000.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,040 SF
Building Class
B
Year Built
1910
Price
$5,064,813 CAD
Price Per SF
$719.43 CAD
Cap Rate
7.10%
NOI
$359,602 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
3.23
Lot Size
0.05 AC
Zoning
R6B - R6B As a contextual district, buildings developed in R6B Zoning must comply with Quality Housing Program Regulations.
Frontage
AMENITIES
- Bus Line
Walk Score®
Very Walkable (89)
Transit Score®
Rider's Paradise (100)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01504-0001 | Improvements Assessment | $825,771 CAD |
| Land Assessment | $102,674 CAD | Total Assessment | $928,444 CAD |
PROPERTY TAXES
Parcel Number
01504-0001
Land Assessment
$102,674 CAD
Improvements Assessment
$825,771 CAD
Total Assessment
$928,444 CAD
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223 Ralph Ave
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