On the Market 115 Ralph Ave, Brooklyn, NY

On the Market

115 Ralph Ave

Brooklyn, NY 11221

Mixed Use 5 Unit w/Store Front

$1,600,000

This mixed use building is for sale at 1.6 Million the tax Ratio is 1.77 %. The cap rate is 7.36%. The Building Nets Approximately 140,000 Thousand annually.

While the current tax assessment sits at $32,000, the building’s protected Tax Class 2B status strictly limits any future increases, guaranteeing long-term overhead stability. Combined with 4 free-market residential units and a prime retail storefront ripe for a tax-sharing commercial lease, 115 Ralph Avenue scales down risk while maximizing immediate yield.

For more information, email businesscashindays@gmail.com

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