icon Back To All Properties

241 RALPH AVENUE

Bedford-Stuyvesant, Brooklyn, New York

Project Image

Property Description

Investment Property Realty Group (IPRG) has been exclusively retained to sell 241 Ralph Avenue. The subject property is located on the corner of Ralph Avenue and Chauncey Street in Bedford-Stuyvesant, Brooklyn.

A newly renovated investment property spanning 6,583 square feet, comprising 7 apartments and 2 storefronts. The building benefits from J-51 tax advantages and features a rare configuration with 4 private townhomes, making this one of a kind. Currently generating a gross income of $24,826 per month and $297,907 annually, this property is a strong income-generating asset. Located just 3 blocks from the Ralph Ave C train, it offers exceptional convenience and accessibility in a growing neighborhood.

  • Block & Lot:

    01508-0001

  • Neighborhood:

    Bedford-Stuyvesant

  • Cross Streets:

    Corner of Ralph Ave & Chauncey St

  • Building Dimensions:

    22 ft x 55 ft

  • Lot Dimensions:

    36 ft x 100 ft

  • Units:

    9

  • Total Approx. SF:

    6,583

  • Zoning:

    R6B, C2-4

  • FAR:

    2.0

  • Tax Class:

    2B