$975,000
Active
1 days on market
677 Ralph Ave
📍 Brooklyn, Brooklyn, NY 11212
—
Studio
3,280
Sqft
$297
Per sqft
1930
Year built
Land
Type
About this property
Investor Opportunity – Legal 4-Family with Significant Upside Unlock the potential of this legal 4-family brick building offering immediate value-add opportunities in one of Brooklyn's established residential neighborhoods. Whether you're looking to renovate, reposition, or expand your portfolio, this property presents multiple avenues to increase cash flow and long-term equity. The building consists of three 2-bedroom apartments and one spacious 3-bedroom apartment. Two of the 2-bedroom units are vacant, providing the rare opportunity to renovate and lease at today's market rents from day one. A third 2-bedroom unit is occupied by non-paying tenants, while the 3-bedroom apartment is
Show more
Amenities & features
Key facts
Legal 4-family
Brick building
2,500 sq ft lot
Property details
Property typeLand
Listing statusActive
Lot size2,500 sqft
Year built1930
Days on market1 days
MLS #1034916
Estimated monthly payment
Listing price$975,000
Down payment (20%)$195,000
Loan amount$780,000
Principal & interest (7%, 30yr)$5,189/mo
Property tax (est.)$948/mo
Home insurance (est.)$406/mo
Estimated total$6,543/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.