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115 Ralph AvenueBrooklyn, NY 11221

For Sale

$1,995,000

Smart Buyer Rebate $24,938

Mixed Use in Bedford-Stuyvesant

An investment opportunity in the heart of North-Central Bed-Stuy, also known as Stuyvesant Heights. This classic 4,400 square foot four story brownstone consists of a commercial space on the ground floor and three floor-through free market residential units above. Located on Ralph Avenue right off Jefferson Street, the property is centrally located and surrounded by a mix of the area’s go-to shops and restaurants while still maintaining a quiet, neighborhood feel.

The residential units blend well-maintained prewar details like high ceilings and decorative fireplaces with modern conveniences like updated kitchens with dishwashers and in-unit W/D. The current residential unit mix is one 1-bed 2-bath on the second floor and two 2-beds 2-baths on the third and fourth floors, each spanning 1,100 SF. A successful lifestyle brand bookstore currently operates out of the ground floor commercial space, which includes a finished basement below for additional storage.

Listed by Jonah B Katz

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Compass

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(631) 885-5346

Listed by Lyon Porter

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Compass

Last updated April 01, 2026

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Source: REBNY #RLS20075206

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeMulti-family
  • NeighborhoodBedford-Stuyvesant
  • Bedrooms5
  • Days on Prevu30
  • Taxes$37,152/year
  • Size4,400 sqft
  • Price per sqft$453

Location

Mortgage Calculator

Listing History

03/24/2026
Price Decreased
$1,995,000
03/05/2026
Listed by Compass
$2,300,000

Estimated Closing Costs

Total
$69,151
Attorney Fees
$4,000
NYC Mansion Tax
$19,950
Title Insurance
$8,978
Bank Attorney
$1,500
Mortgage Recording Tax
$30,723
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,995,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 115 Ralph Avenue

Association

Amenities

  • Pets Allowed: Building No, No

Exterior

Construction

  • Number Of Units Total: 1
  • Stories Total: 4
  • Structure Type: Multi Family
  • Year Built: 1905
  • Entry Level: 1

Measurements

  • Building Area Total: 4,400
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 20
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 01487-0007
  • Tax Annual Amount: $37,152.00

Interior

Features

  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Hardwood

Measurements

  • Living Area: 4,400
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Total Integer: 7
  • Bedrooms Total: 5
  • Rooms Total: 10

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Bedford-Stuyvesant
  • Tax Block: 01487
  • Tax Lot: 0007

Utilities

Equipment

  • Laundry Features: See Remarks

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 5 bedrooms in this multi-family home at 115 Ralph Avenue.

What are the annual taxes for 115 Ralph Avenue?

Annual taxes for this multi-family home are estimated at $37,152.

How does 115 Ralph Avenue compare to other multi-family homes in Bedford-Stuyvesant?

This multi-family home is listed 12% below the average price for multi-family homes in Bedford-Stuyvesant and has been on the market for 63 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,400 sqft.

115 Ralph Avenue is a 5-bedroom multi-family home for sale in Brooklyn NY 11221. Listed on Prevu for 30 days at $1,995,000. This includes a recent price decrease of $305,000. This home features 4,400 square feet of living space, located in Bedford-Stuyvesant. The median listing price for multi-family homes in this area is $1,562,500. Explore more multi-family home listings in Brooklyn.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 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 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.