NOT LISTED FOR SALE

378 Ralph Ave Brooklyn, NY 11233

Crown Heights Neighborhood

Estimated Value: $1,356,080

4 Beds
2 Baths
4,400 Sq Ft
$308/Sq Ft Est. Value

Last Sold January 26, 2023

Last sale price $1,200,000 $273 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,721/month

98 Days on Market

About This Home

As of January 2023

We are pleased to offer for sale, this mixed-use offering includes 1 store front, as well as 2 two-bedroom apartments, totaling 4,400 square feet. The property is zoned R-6. Currently, the commercial space has a lease. All spaces are in excellent condition, making the property an excellent investment with huge upside potential. Location Highlights: Ralph Avenue is in Crown Heights. It has high foot traffic, located in a densely populated area. Conveniently located near shopping, restaurants, roads and public transportation. Great 1031 exchange. Owner is very motivated.

Last Agent to Sell the Property

Joseph Giordano

Coldwell Banker Reliable R E License #10401251361 Listed on: 09/21/2022

Coldwell Banker Reliable R E

Co-Listed By

Yevgen Pitelman

Coldwell Banker Reliable License #10401308205

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,980

Year Built

  • Built in 1920

Lot Details

  • 1,770 Sq Ft Lot
  • Lot Dimensions are 20x88.5
  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • Block Exterior

Interior Spaces

  • 4,400 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Middle School 267 Math
  • Boys And Girls High School

Utilities

  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 127 / 1344
  • Assessor Parcel Number 01344-0127

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,980

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 718-921-3100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 4400.00
  • Kitchens: 2
  • Square Footage: 4400.00

Exterior Features

  • Construction Materials: Block
  • Flood Zone Date: 2022-09-23
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Other, See Remarks
  • Hot Water: See Remarks
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: Boys And Girls High School
  • Middle School: Ms 267 Math,Science & Tech

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Size Area: 0.0400
  • Lot Dimensions: 20x88.5
  • Lot Size Sq Ft: 1770.00
  • Lot Size Units: Acres
  • Parcel Number: 01344-0127
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2023-01-26
  • Tax Annual Amount: 6980.00
  • Tax Block: 1344
  • Tax Lot: 127
  • Tax Map Number: 01344-0127

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

MLS Schools

  • High School: Boys And Girls High School
  • Middle School District: Brooklyn 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Jan 26, 2023
Sold by
A Primus Realty Llc
Bought by
378 Sdm Llc
Seller's Agent
Joseph Giordano
Coldwell Banker Reliable R E
Buyer's Agent
Yevgen Pitelman
Coldwell Banker Reliable R E
List Price
$1,349,000
Sold Price
$1,200,000
Premium/Discount to List
-$149,000
-11.05%
Views
11
Current Estimated Value
$1,356,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,080
Avg. Annual Appreciation
4.53%

Purchase Details

Closed on
Mar 1, 2006
Sold by
Primus Anthony
Bought by
A Primus Realty Llc

Purchase Details

Closed on
Jan 25, 2002
Sold by
Nhs Community Developmen
Bought by
Primus Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000
Interest Rate
7.08%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
378 Sdm Llc $1,200,000 --
378 Sdm Llc $1,200,000 --
A Primus Realty Llc -- --
A Primus Realty Llc -- --
Primus Anthony -- --
Primus Anthony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Primus Anthony $1,000
Closed A Primus Realty Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2023 01/26/23 Sold $1,200,000 -11.0% $273 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $1,349,000 -- $307 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $7,303 $89,340 $13,020 $76,320
2024 $7,303 $76,560 $13,020 $63,540
2023 $6,889 $93,960 $13,020 $80,940
2022 $6,761 $88,680 $13,020 $75,660
2021 $6,868 $81,660 $13,020 $68,640
2020 $4,504 $62,820 $13,020 $49,800
2019 $5,372 $54,600 $13,020 $41,580
2018 $4,579 $28,584 $8,183 $20,401
2017 $4,159 $28,224 $8,663 $19,561
2016 $3,708 $27,206 $9,886 $17,320
2015 $1,083 $25,920 $8,600 $17,320
2014 $1,083 $25,249 $7,929 $17,320
Source: Public Records

Agents Affiliated with this Home

  • Joseph Giordano

    Seller's Agent in 2023

    Joseph Giordano

    Coldwell Banker Reliable R E

    (917) 650-2647

    2 in this area

    74 Total Sales

    Joseph Giordano
    Section Image

  • Y

    Seller Co-Listing Agent in 2023

    Yevgen Pitelman

    Coldwell Banker Reliable

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3431960

OneKey® MLS

APN: 01344-0127

New York Kings County Brooklyn 11233 Crown Heights

378 Ralph Ave, Brooklyn, NY

This home is located at 378 Ralph Ave, Brooklyn, NY 11233 since 21 September 2022 and is currently estimated at $1,356,080, approximately $308 per square foot. This property was built in 1920. 378 Ralph Ave is a home located in Kings County with nearby schools including P.S. 335 Granville T Woods, Brooklyn Ascend Charter School, and Brownsville Collegiate Charter School.

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