429 Ralph Avenue #1, Brooklyn, NY 11233
Local realty services provided by:CENTURY 21 Awaye Realty
429 Ralph Avenue #1,Brooklyn, NY 11233
$1,795,000
- 2 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: anil jintoorkar, dylan bohbot
Office: douglas elliman real estate
MLS#:RLS20071510
Source:NY_REBNY
Price summary
- Price:$1,795,000
About this home
<p> Welcome to 429 Ralph Avenue,</p> <p> This amazing corner location offers a rare and exciting chance to acquire a piece of historical Brooklyn. Built in 1927, this three-story brick building features a flexible mixed-use layout with commercial space on the ground floor and residential units above, offering exceptional upside for investors, owner-users, and developers alike in the thriving neighborhood of Crown Heights, Brooklyn. The first floor is currently built as a house of worship. With high ceilings, excellent lighting, and easy access, this space can be transformed into the base for a variety of commercial uses. Upstairs are two one-bedroom, one bath apartments with great views that can be kept as is, renovated or collapsed and turned into a beautiful multi-room home. The basement is large, has ample storage, and access to the outside.</p> <p> Along with photos of the property as is, we have included some renderings showing all the great potential this space has. Attached to the property is a private parking for up to 3 vehicles.</p> <p> Delivered 100% vacant; the building allows for immediate renovation, repositioning, or redevelopment - no buyouts, no delays. Fantastic location and great visibility, The property benefits from strong foot traffic, excellent frontage, and prime exposure in a rapidly growing neighborhood.</p> <p> Property Highlights</p> <p> Mixed-use building: Ground-floor commercial with residential above</p> <p> Ideal commercial uses: Restaurant, Cafe, Studio, Office, Pharmacy</p> <p> Fully vacant delivery</p> <p> Corner lot with great exposure</p> <p> Private parking</p> <p> Generous lot size and favorable building dimensions</p> <p> R6 zoning, offering flexibility for redevelopment, expansion, or long-term income strategies</p> <p> Convenient for live/work, retail plus residential, or full investment/development scenarios</p> <p> About The Neighborhood</p> <p> This location has strong visibility and foot traffic on a busy street, conveniently located near bustling Utica Ave and just minutes from Fulton Street, the property benefits from immediate access to public transportation, local shops, restaurants, and cultural institutions. Crown Heights continues to attract both residents and businesses, making this an ideal location for long-term growth, development and steady returns. A short walk from The Ralph avenue C train station, this prime corner location is an investors ideal scenario.</p> <p> A great opportunity for an investor to own a historical, high quality & income producing property in Brooklyn.</p>...
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Home facts
- Listing ID #:RLS20071510
- Added:71 day(s) ago
- Updated:April 23, 2026 at 10:44 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:5
- Basement:Yes
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$1,795,000
Features and amenities
- Appliances:WasherDryerAllowed
- Laundry features:Washer Dryer Allowed
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. RLS Data display by Coldwell Banker Warburg This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.New listings near 429 Ralph Avenue #1
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