4,400 Sq. Ft.
$453 / Sq. Ft.
4,400
Sq. Ft.
$453
per Sq. Ft.

Description

With an estimated Cap Rate of 5.6% 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...With an estimated Cap Rate of 5.6% 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 Agent

  1. Martin Eiden

    Martin Eiden

    Listing Agent

    Compass

    martin@compass.com

    P: (917)-701-8898

Amenities

  • Walk Up
  • Lowrise
LISTING UPDATED: 08/20/2019 07:40 AM

Property Details for 117 Ralph Avenue

StatusSold
Days on Market167
Taxes$1,984 / month
Maintenance-
Min. Down Pymt-
Total Rooms33.0
Compass TypeTownhouse
MLS TypeHouse/Building
Year Built1905
Lot Size1,440 SF / 20' x 72'
CountyKings County
Buyer's Agent Compensation2.5%

Building

117 Ralph Ave

2 Units4 StoriesBuilt in 1905
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Building Information for 117 Ralph Avenue

Stories4Year Built1905Building Size20' x 55'Building Sq. Ft4,400 SFLot Size1,440 SF / 20' x 72'Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$11,666 per month

30 year fixed, 6.11% Interest

Principal and Interest

$9,682

Property Taxes

$1,984

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property History for 117 Ralph Avenue

DateEvent & SourcePriceAppreciation
May 28, 2019

Sold

Manual

$1,995,000
Mar 27, 2019

Contract Signed

Manual

Nov 12, 2018

Price Change

Manual

$2,000,000
Oct 10, 2018

Listed (Active)

Manual

$2,195,000
Sep 21, 2018

Permanently Off Market

Manual

$2,195,000
Aug 11, 2018

Price Change

Manual

$2,295,000
Apr 17, 2018

Listed (Active)

Manual

$2,395,000
Jan 2, 2018

Permanently Off Market

Manual

Oct 28, 2017

Price Change

Manual

$2,395,000
Sep 13, 2017

Listed (Active)

Manual

$2,495,000
DateEvent & SourcePrice
05/28/2019

Sold

Manual

$1,995,000
03/27/2019

Contract Signed

Manual

11/12/2018

Price Change

Manual

$2,000,000
10/10/2018

Listed (Active)

Manual

$2,195,000
09/21/2018

Permanently Off Market

Manual

$2,195,000
08/11/2018

Price Change

Manual

$2,295,000
04/17/2018

Listed (Active)

Manual

$2,395,000
01/02/2018

Permanently Off Market

Manual

10/28/2017

Price Change

Manual

$2,395,000
09/13/2017

Listed (Active)

Manual

$2,495,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 117 Ralph Avenue

This home is within New York City Geographic District #16.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 5 Dr Ronald Mcnair
PublicPK to 5

Ms 267 Math Science And Technology
Public6 to 8

Brooklyn High School Law And Tech
Public9 to 12

Madiba Prep Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.