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$2,300,000 Just Listed
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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: $2,300,000
- Taxes: $37,152
- Status: Active
- Type: Multi-Family
- Source: REBNY
- MLS ID: RLS20075206
- Updated: 3/5/2026
- Added to Site: 1 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 Ralph Ave
Date
Details
Price
Change
Source
3/05/2026
Listed
$2,300,000
94.92%
MLS
12/04/2015
Sold
$1,180,000
—
Public Record
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
—
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, Brooklyn, 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 $2,300,000 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 Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

