115 Ralph Avenue, New York City, NY 11221 - Photo 1

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$1,995,000

For Sale
Active
Multi-Family
5 Total Beds
Updated 10 days ago

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Property Description

Mixed Use in Bedford-Stuyvesant An investment opportunity in the heart of North-Central Bed-Stuy, also known as Stuyvesant Heights. This classic 4,400 square foot four story brownstone consists of a commercial space on the ground floor and three floor-through free market residential units above. Located on Ralph Avenue right off Jefferson Street, the property is centrally located and surrounded by a mix of the area's go-to shops and restaurants while still maintaining a quiet, neighborhood feel. The residential units blend well-maintained prewar details like high ceilings and decorative fireplaces with modern conveniences like updated kitchens with dishwashers and in-unit W/D. The current residential unit mix is one 1-bed 2-bath on the second floor and two 2-beds 2-baths on the third and fourth floors, each spanning 1,100 SF. A successful lifestyle brand bookstore currently operates out of the ground floor commercial space, which includes a finished basement below for additional storage.

Full Property Details

Full Property Details for 115 Ralph Ave

General

Price: $1,995,000
Taxes: $37,152
Status: Active
Type: Multi-Family
Source: REBNY
MLS ID: RLS20075206
Updated: 3/24/2026
Added to Site: 29 day(s) ago

Interior

Number of Rooms: 10
Fireplace: Yes
Number of Fireplaces: 1
Fireplace(s): Decorative
Furnishings: Unfurnished
Flooring: Hardwood

Rooms

Bedrooms

Total Bedrooms: 5

Other Rooms

Laundry: See Remarks

Location

County: Kings
Subdivision: Bedford-Stuyvesant

Structural Information

Structure Type: Multi Family
Stories/Levels: 4
Square Feet: 4,400
Living Area: 4,400 Sq. Ft.
Year Built: 1905

Lot Features

Lot Dimensions: 20.000000 x 72.000000

Financial Considerations

Assoc Fee Freq.: Monthly
Tax Amount: $37,152

Disclosures and Reports

Property ID: 01487-0007
Block: 1487
Lot Number: 7

Listing Courtesy of Compass

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Schools

Schools serving 115 Ralph Ave

School District:New York City Geographic School District 16

Name	Grades	Distance
Ps 5 Dr Ronald Mcnair 820 Hancock Street, Brooklyn, NY 11233	K-5	0.1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 115 Ralph Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/24/2026

Price Reduced

$1,995,000

-13.26%

MLS

3/05/2026

Listed

$2,300,000

94.92%

MLS

12/04/2015

Sold

$1,180,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 115 Ralph Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$37,336

3%

$298,689

-20%

2024

$36,185

8%

$374,400

8%

2023

$33,504

10%

$347,400

19%

2022

$30,440

8%

$292,950

25%

2021

$28,185

51%

$234,450

22%

2020

$18,635

5%

$191,700

3%

2019

$17,781

11%

$185,850

4%

2017

$15,963

—

$178,650

6%

2017

$15,963

4%

$168,300

5%

2016

$15,284

3%

$159,750

6%

2015

$14,808

3%

$151,200

7%

2015

$14,308

11%

$141,750

3%

2013

$12,846

—

$138,150

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 115 Ralph Ave

115 Ralph Avenue, New York City, NY 11221 (MLS# RLS20075206) is a Multi-Family property with 1 unit containing 5 bedrooms and 0 full bathrooms. 115 Ralph Avenue is currently listed for $1,995,000 and was received on March 05, 2026. Want to learn more about 115 Ralph Avenue? Do you have questions about finding other Multi-Family real estate for sale in New York City? You can browse all New York City real estate or contact a Coldwell Banker agent to request more information.

115 Ralph Ave New York City, NY 11221