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429 Ralph AvenueBrooklyn, NY 11233

For Sale

$1,795,000

Smart Buyer Rebate $22,438

Welcome to 429 Ralph Avenue, 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 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 offers high ceilings, excellent lighting, and easy access. This space can be transformed into a variety of commercial uses. Upstairs are two one-bedroom, one bath apartments with excellent lighting and local views that can be kept as is, renovated or transformed into a beautiful and private multi-room home. The basement is large with ample storage, and direct access to Ralph avenue. Attached to the property is private parking for up to 3 vehicles. Along with as is photos of the property, we have included some staged renderings showing all the great potential this space has. Delivery will be 100% vacant & the building allows for immediate renovation, repositioning, or redevelopment. No tenant 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. Property Highlights -Mixed-use building: Ground-floor commercial with residential above Ideal commercial uses: Restaurant, Cafe, Studio, Office, Pharmacy, Fitness studio -Fully vacant delivery -Corner lot with great exposure, tons of frontage and private sidewalk access -Private multi car parking -Generous lot size and favorable building dimensions -R6 zoning, offering flexibility for redevelopment, expansion, or long-term income strategies Suitable for live/work, retail plus residential, or full investment/development scenarios About The Neighborhood Conveniently located near bustling Utica Ave and steps from Fulton Street, the property benefits from immediate access to public transportation and local shops. A 20 minute walk in any direction takes you across Crown Heights, through neighboring Bushwick and Bedstuy. With tons of green spaces, beautiful neighborhoods, restaurants, bars and transportation, this area 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. A great opportunity for an investor or cash buyer to own a historical, high quality & income producing corner property in Brooklyn.

Listed by Dylan Bohbot

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Douglas Elliman Real Estate

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(310) 491-4326

Listed by Anil Jintoorkar

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Douglas Elliman Real Estate

Last updated July 17, 2026

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Source: REBNY #RLS20101199

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeSingle-family
  • NeighborhoodWeeksville
  • Bedrooms2
  • Bathrooms4
  • Days on Prevu29
  • Taxes$5,076/year

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

07/02/2026
Listed by Douglas Elliman Real Estate
$1,795,000

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$17,950
Title Insurance
$8,078
Bank Attorney
$1,500
Mortgage Recording Tax
$27,643
Other Closing Costs
$4,000
Total
$63,171

Estimated closing costs are based on the list price of $1,795,000 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 429 Ralph Avenue

Association

Amenities

  • Pets Allowed: Building Yes, No

Exterior

Construction

  • Number Of Units Total: 2
  • Stories Total: 2
  • Structure Type: Mixed Use
  • Entry Level: 1

Measurements

  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 0
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 01451-0011
  • Tax Annual Amount: $5,076.00

Interior

Features

  • Interior Features: Smoke Free

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Half: 4
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 2
  • Rooms Total: 4

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Crown Heights
  • Tax Block: 01451
  • Tax Lot: 0011

Utilities

Equipment

  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Laundry Features: In Unit

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 2 bedrooms and 4 bathrooms in this single-family home at 429 Ralph Avenue.

What are the annual taxes for 429 Ralph Avenue?

Annual taxes for this single-family home are estimated at $5,076.

How does 429 Ralph Avenue compare to other single-family homes in Weeksville?

This single-family home is listed 14% above the average price for single-family homes in Weeksville and has been on the market for 46 less days than the typical home in this area.

429 Ralph Avenue is a 2-bedroom, 4-bath single-family home for sale in Brooklyn NY 11233. On Prevu for 29 days at $1,795,000. This residence is located in Weeksville. The median listing price for single-family homes in this area is $1,025,000. Additional amenities include private outdoor space. View other single-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.