$10,000 Closing Credit¹
#807611, Listing Office: Greene Realty Group
$10,000
closing credit¹
574 Ralph Ave Brooklyn, NY 11233
$1,550,000 List price
$10,000
Closing credit¹
8 beds
5 full
3,030 sqft
$512 / sqft
Multi-Family
Property details
About 574 Ralph Ave
Welcome to this stunning 3-family home located in the heart of Crown Heights, Brooklyn. The building was meticulously renovated in 2018, offering modern finishes and comfort across three spacious apartments. One apartment will be delivered vacant, perfect for the owner or investor. The building generates a total of $9,941 in monthly income if fully rented. In addition, with the new "City of Yes" legislation, there may be potential to convert the basement, which already has two separate entrances. An engineer must verify this possibility and complete it with the proper permits. It is the buyer's responsibility to confirm and pursue this option. The current mortgage of $865,000 is assumable, should the purchaser decide to take over the existing LLC. The buyer will be responsible for the transfer tax. Please note that this listing is subject to errors and omissions.
Highlights
Home typeMulti Family
HeatingSteam, Natural Gas
StatusActive
Size3,030 sqft
BasementYes
Year built1899
ParkingNone, Street
MLS #488727
FireplaceStove
Summary
- MLS Number: 488727
- Office Name: Peerless Properties Corp.
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The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 2/5/2025, 1:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,550,000
574 Ralph Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 11, 2019 | Home Sold | $700,000 |
| Dec 04, 2007 | Home Sold | $575,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $64,200 | $6,428 |
| 2023 | $56,760 | $6,428 |
| 2021 | $48,000 | $12,612 |
| 2019 | $58,200 | $5,984 |
| 2018 | $26,672 | $5,579 |
| 2017 | $26,469 | $4,992 |
History based on county public records data.
Nearby schools
6
P.S. 191 Paul Robeson School
Public District KG-5
0.2 mi
•1600 Park Pl
7
Dr. Jacqueline Peek-Davis School
Public District PK-5
0.3 mi
•430 Howard Ave
4
PS 156 Waverly
Public District PK-5
0.4 mi
•104 Sutter Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,620. Residents of Brooklyn, NY typically earn less than $<35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
56%
<35k
36%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
50%
Single, No Kids
33%
Single, with Kids
7%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
36%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 574 Ralph Ave in Brooklyn, NY and zip code 11233 in the Central Brooklyn neighborhood. This 3,030 square foot home was built in 1899. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 27, 2025 and is currently priced at $1,550,000.
In January 2025 more than 31 listings in Brooklyn, NY were sold above the asking price. During the same period more than 254 listings were sold at asking price, while more than 154 were sold below. Between December and January 2025, Brooklyn, NY real estate market has seen decrease in the number of listings by 4.4%. The median list price of listings available in January 2025 was $991,265, while the average time on the real estate market was 93 days.
From Rocket Homes Real Estate and based on county public records data.