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  • $1,499,000

    429 Ralph Ave, Brooklyn, NY 11233

    2beds
    2,326sqft
    Loading
    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
    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.
    2 days
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    85
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    4
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    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

        $1,476,600

        $1.40M - $1.55M

        $5,689/mo

        Price history

        DateEventPrice
        8/26/2026Listed for sale$1,499,000-16.5%$644/sqft
        Source: StreetEasy #S1843677 Report a problem
        8/26/2026Listing removed$1,795,000$772/sqft
        Source: StreetEasy #S1835108 Report a problem
        7/10/2026Listed for sale$1,795,000-5.5%$772/sqft
        Source: StreetEasy #S1835108 Report a problem
        12/6/2025Listing removed$1,900,000$817/sqft
        Source: StreetEasy #S1776608 Report a problem
        6/17/2025Listed for sale$1,900,000+105.4%$817/sqft
        Source: StreetEasy #S1776608 Report a problem
        11/5/2018Listing removed$925,000$398/sqft
        Source: Elite Connect Real Estate Inc #422812 Report a problem
        8/15/2018Listed for sale$925,000-2.6%$398/sqft
        Source: Elite Connect Real Estate Inc #422812 Report a problem
        2/28/2018Listing removed$950,000$408/sqft
        Source: My Home Advisors Report a problem
        1/7/2018Listed for sale$950,000+541.9%$408/sqft
        Source: My Home Advisors Report a problem
        5/17/2000Sold$148,000$64/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Crown Heights

        Getting around

        84 / 100
        Very Walkable
        74 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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