Motivated Seller- Priced to Sell
This mixed use corner property offers a rare and exciting opportunity to acquire a piece of historical Brooklyn with exceptional flexibility. Built in 1927; 429 Ralph Avenue is a 2326 SF building that will be delivered vacant and features 2 x 1 bedroom apartments, 1 large commercial first floor and a substantial basement.
The property is R6 zoned and also offers a private 3 car parking, private owners entrance, and a rooftop with roof rights. Perfect as a versatile asset for an investor, owner-user or developer looking for a Brooklyn property with multiple avenues and creative uses. ( We have included a few generated images showing all the possible uses of the space )
- With corner positioning and tons of foot traffic, this space is great for use as a cafe, fitness studio, smoothie shop etc..
You have the flexibility to establish new residential and commercial income. A portion of the roof is currently rented by Verizon and is up for a contract negotiation and extension.
Contact us today to set up a showing or setup.
Active
$1,499,000
429 Ralph Ave, Brooklyn, NY 11233
2beds
2,326sqft
Mixed Use
Built in 1927
-- sqft lot
$1,476,600 Zestimate®
$644/sqft
$-- HOA
What's special
Rooftop with roof rightsMixed use corner propertyPrivate owners entranceSubstantial basementCorner positioningLarge commercial first floor
- 2 days |
- 85 |
- 4 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Douglas Elliman 310-491-4326,
Dylan Bohbot,
Anil Jintoorkar
Source: StreetEasy,MLS#: S1843677
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Rooms
- Room types: Bike Room, Package Room
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 2,326
- Total interior livable area: 2,326 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Patio & porch: Deck
- Exterior features: Private Roof Deck
Details
- Parcel number: 014510011
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Materials
- Roof: Roof Rights
Condition
- Year built: 1927
Community & HOA
Community
- Subdivision: Crown Heights
HOA
- Has HOA: Yes
- Amenities included: Roof Deck
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $644/sqft
- Tax assessed value: $752,000
- Annual tax amount: $5,076
- Date on market: 8/26/2026
Estimated market value
Zestimate®
$1,476,600
Estimated sales range
$1.40M - $1.55M
Rent Zestimate®
$5,689/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Listed for sale | $1,499,000-16.5%$644/sqft |
Source: StreetEasy #S1843677 Report a problem | ||
| 8/26/2026 | Listing removed | $1,795,000$772/sqft |
Source: StreetEasy #S1835108 Report a problem | ||
| 7/10/2026 | Listed for sale | $1,795,000-5.5%$772/sqft |
Source: StreetEasy #S1835108 Report a problem | ||
| 12/6/2025 | Listing removed | $1,900,000$817/sqft |
Source: StreetEasy #S1776608 Report a problem | ||
| 6/17/2025 | Listed for sale | $1,900,000+105.4%$817/sqft |
Source: StreetEasy #S1776608 Report a problem | ||
| 11/5/2018 | Listing removed | $925,000$398/sqft |
Source: Elite Connect Real Estate Inc #422812 Report a problem | ||
| 8/15/2018 | Listed for sale | $925,000-2.6%$398/sqft |
Source: Elite Connect Real Estate Inc #422812 Report a problem | ||
| 2/28/2018 | Listing removed | $950,000$408/sqft |
Source: My Home Advisors Report a problem | ||
| 1/7/2018 | Listed for sale | $950,000+541.9%$408/sqft |
Source: My Home Advisors Report a problem | ||
| 5/17/2000 | Sold | $148,000$64/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,086 +1.3% | $45,120 -2.2% |
| 2024 | $5,021 | $46,140 -18.5% |
| 2023 | -- | $56,640 +12.8% |
| 2022 | -- | $50,220 +16.7% |
| 2021 | -- | $43,020 +5.9% |
| 2020 | $4,521 +2.5% | $40,620 +14.9% |
| 2019 | $4,410 +7.3% | $35,340 +79.8% |
| 2018 | $4,112 +3.8% | $19,656 +1.1% |
| 2017 | $3,963 +7.4% | $19,440 +3% |
| 2016 | $3,689 | $18,865 +6% |
| 2015 | $3,689 +66.8% | $17,798 +2.5% |
| 2014 | $2,212 | $17,362 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Crown Heights
Nearby schools
GreatSchools rating
- 7/10Ps 335 Granville T WoodsGrades: PK-5Distance: 0.3 mi
- 7/10Brooklyn Green School (The)Grades: 6-8Distance: 0.3 mi
- 1/10Boys and Girls High SchoolGrades: 9-12Distance: 0.6 mi
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