374 Ralph Avenue, Brooklyn, NY 11233
Mixed-use building with 12 one-bedroom apartments plus two retail units on a corner lot.
Property Features for 374 Ralph Avenue
General Information
Additional Details
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Investment Insights
Based on property information with market context.
The property sits on the southwest corner of Ralph Avenue and Pacific Street in Crown Heights. The building includes storefronts for a popular local grocery and a variety store. It is noted that the property is rent stabilized, with actual rents lower than the legal rent.
Additional surrounding context includes a retail presence on the block and shopping on Fulton Street, along with nearby local destinations including the South Pacific playground and the Weeksville Heritage Center. Transportation is described as abundant, with the C train about three blocks away on Fulton Street and the B47 bus line on the block.
Key Highlights
- 14‑unit mixed‑use building at the SW corner of Ralph Avenue and Pacific Street in Brooklyn
- 12 residential units, all 1 bedroom, plus 2 retail stores on‑site
- Rent stabilized; actual rents are lower than legal rent, offering upside to a future owner
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 11233, NY
Market
Vacancy Rate% for Multifamily in Northeast region