Seller's Agent in 2019
Martin Eiden
Compass
(917) 701-8898
3 in this area
89 Total Sales
With an estimated Cap Rate of 5.6% this is an outstanding opportunity for investors in one of Brooklyn's hottest neighborhoods! The impeccably gut-renovated, legal 4-family brick townhouse at 117 Ralph Avenue is in mint condition, and perfectly located on a historic block in vibrant Bedford Stuyvesant. Receive excellent rental income from 4 fabulous, spacious units featuring hardwood floors, recessed lighting and stylish modern finishes. Residence 1 is a 2 bedroom 2 bathroom garden unit with access to a large rear yard. Residences 2, 3 and 4 have 3 bedrooms and 2 baths. All sun-filled living/dining areas are complemented by beautiful open kitchens appointed with granite counters, tile backsplash and stainless steel appliances. Lovely contemporary bathrooms clad in designer wall and floor tiles and generous closet space optimize the appeal of these very refined units that won't be vacant long! The building also offers a basement with high ceilings and an open layout that can be used for storage and other purposes. Tenants pay their own utilities which is an excellent bonus for the owner. Residents enjoy convenience galore at a prime address that's moments from the Halsey Street (M/J/Z) subway stations, and in close proximity to restaurants, cafes, grocery stores, schools and more! **Note: Taxes will be significantly lower upon time of possession. Set up sheets available upon request**
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/06/2019 06/06/19 | Sold | $1,995,000 | 0.0% | $453 / Sq Ft |
| 03/27/2019 03/27/19 | Pending | -- | -- | -- |
| 10/09/2018 10/09/18 | For Sale | $1,995,000 | -- | $453 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $45,497 | $467,100 | $48,600 | $418,500 |
| 2024 | $45,497 | $418,500 | $48,600 | $369,900 |
| 2023 | $44,642 | $476,550 | $48,600 | $427,950 |
| 2022 | $41,227 | $434,250 | $48,600 | $385,650 |
| 2021 | $40,290 | $347,400 | $48,600 | $298,800 |
| 2020 | $15,044 | $301,950 | $48,600 | $253,350 |
| 2019 | $26,618 | $300,600 | $48,600 | $252,000 |
| 2018 | $23,808 | $269,100 | $48,600 | $220,500 |
| 2017 | $21,933 | $261,450 | $48,600 | $212,850 |
| 2016 | $20,173 | $253,350 | $48,600 | $204,750 |
| 2015 | $10,615 | $181,350 | $10,350 | $171,000 |
| 2014 | $10,615 | $166,950 | $10,350 | $156,600 |
Seller's Agent in 2019
Martin Eiden
Compass
(917) 701-8898
3 in this area
89 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10830167
Ask me questions while you tour the home.