---
title: "429 RALPH Avenue, Brooklyn, NY 11233"
description: "429 RALPH Avenue, Brooklyn, NY 11233 — NYC real estate listing on Real Estate Rebate Team. Priced at $1,795,000. Est. potential buyer savings up to $44,875 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11233/429-ralph-avenue-ny-11233"
source: "Real Estate Rebate Team"
---

# 429 RALPH Avenue, Brooklyn, NY 11233

> **Listing Courtesy of:** Douglas Elliman Real Estate

## Description

Welcome to 429 Ralph Avenue,
 This amazing corner location offers a rare and exciting chance to acquire a piece of historical Brooklyn. Built in 1927, this three-story brick building features a flexible mixed-use layout with commercial space and residential units above, offering exceptional upside for investors, owner-users, and developers alike in the thriving neighborhood of Crown Heights, Brooklyn.
 The first floor offers high ceilings, excellent lighting, and easy access. This space can be transformed into a variety of commercial uses. Upstairs are two one-bedroom, one bath apartments with excellent lighting and local views that can be kept as is, renovated or transformed into a beautiful and private multi-room home. The basement is large with ample storage, and direct access to Ralph avenue. Attached to the property is private parking for up to 3 vehicles.
 Along with as is photos of the property, we have included some staged renderings showing all the great potential this space has. Delivery will be 100% vacant & the building allows for immediate renovation, repositioning, or redevelopment.
 No tenant buyouts, no delays. Fantastic location and great visibility, The property benefits from strong foot traffic, excellent frontage, and prime exposure in a rapidly growing neighborhood.
 Property Highlights
 -Mixed-use building: Ground-floor commercial with residential above
 Ideal commercial uses: Restaurant, Cafe, Studio, Office, Pharmacy, Fitness studio
 -Fully vacant delivery
 -Corner lot with great exposure, tons of frontage and private sidewalk access
 -Private multi car parking
 -Generous lot size and favorable building dimensions
 -R6 zoning, offering flexibility for redevelopment, expansion, or long-term income strategies
 Suitable for live/work, retail plus residential, or full investment/development scenarios
 About The Neighborhood
 Conveniently located near bustling Utica Ave and steps from Fulton Street, the property benefits from immediate access to public transportation and local shops. A 20 minute walk in any direction takes you across Crown Heights, through neighboring Bushwick and Bedstuy. With tons of green spaces, beautiful neighborhoods, restaurants, bars and transportation, this area continues to attract both residents and businesses, making this an ideal location for long-term growth, development and steady returns. A short walk from The Ralph avenue C train station, this prime corner location is an investors ideal scenario.
 A great opportunity for an investor or cash buyer to own a historical, high quality & income producing corner property in Brooklyn.

## Property Details

- **Price**: $1,795,000
- **Potential Buyer Rebate**: $44,875
- **Bedrooms**: 2
- **Bathrooms**: 2 full, 4 half
- **Property Type**: Residential
- **Building**: 429 RALPH Avenue
- **Neighbourhood**: Crown Heights
- **Area / Borough**: Brooklyn
- **Subdivision**: Crown Heights
- **Listing Office**: Douglas Elliman Real Estate
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$44,875** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/brooklyn/429-ralph-avenue)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/brooklyn/crown-heights)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.