---
title: "429 RALPH Avenue, New York City, NY 11233"
description: "429 RALPH Avenue, New York City, NY 11233 — Crown Heights, New York City, NY. Listing Price $1,795,000. 2 bed, 6 bath Illustrative Buyer Commission Share of $26,925 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11233/429-ralph-avenue-ny-11233"
source: "Real Estate Rebate Team"
status: "Active"
---

# 429 RALPH Avenue, New York City, NY 11233

Crown Heights, New York City, NY

Courtesy of Douglas Elliman Real Estate

## At a Glance

- **Listing Price**: $1,795,000
- **Beds**: 2
- **Total Baths**: 6
- **Monthly Taxes**: $423 / mo
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $1,795,000
- **Illustrative Buyer Commission Share**: -$26,925*
- **Illustrative Net Cost**: $1,768,075

*Illustrative Buyer Savings of $26,925 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![429 RALPH Avenue, New York City, NY 11233 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/757f1f5f-909f-45e8-9ba1-cf7bdd4128bb.jpg)
![429 RALPH Avenue, New York City, NY 11233 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/62705709-2790-4197-b8a4-65a568a6105d.jpg)
![429 RALPH Avenue, New York City, NY 11233 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7e55f507-93b0-4329-8af5-54eb17c5bca9.jpg)
![429 RALPH Avenue, New York City, NY 11233 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f8335b25-d6c1-462c-a866-47bc47cd6c4f.jpg)
![429 RALPH Avenue, New York City, NY 11233 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bfe22ac7-1b66-44b4-bb20-76709fc4ca8e.jpg)
![429 RALPH Avenue, New York City, NY 11233 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c4e2b552-1a13-4e26-9b04-9e33b7406ccc.jpg)
![429 RALPH Avenue, New York City, NY 11233 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/78643b39-01b2-468d-aa2e-d7323c39b348.jpg)
![429 RALPH Avenue, New York City, NY 11233 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/34975304-5744-484f-ad76-1df1bd70e13d.jpg)
![429 RALPH Avenue, New York City, NY 11233 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/165f8ddd-f26f-4f2c-b723-ea4a0adcd3e2.jpg)
![429 RALPH Avenue, New York City, NY 11233 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b52a7ad2-5906-44f3-aa89-c08440b250b4.jpg)

## Property Overview

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

- **Property Type**: Mixed Use
- **Beds**: 2
- **Total Baths**: 6
- **Rooms**: 4
- **Stories**: 2
- **Monthly Taxes**: $423 / mo
- **Listed On**: Jul 2, 2026
- **Days on Market**: 82 Days

### Residence Features

- Window Unit(s)
- In Unit
- Smoke Free

## Estimated Monthly Payment

**$9,499 / month**, assuming a 20% down payment ($359,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $9,076
- **Property Taxes**: $423

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

2 apartments at 429 RALPH Avenue have recorded sales since September 2021, the most recent for $2,525,000 in April 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| Entire property (Multi Family) | 5 | 3,380 | $2,525,000 | $747/ft² | April 23, 2026 | MLS |
| Entire property (Multi Family) | 6 | 2,653 | $1,300,000 | $490/ft² | February 8, 2023 | MLS |

### How this price compares

- **This home**: $1,795,000
- **Median sold price**: $1,454,073
- **Difference**: +$340,927 (+23.4%)
- **Median $/ft²**: $1,400
- **Comparable sales**: 53
- **Sales from**: October 2024 – June 2026
- **Middle half of those sales**: $1,350,000 – $1,525,000

Based on condo two-bedroom sales in Crown Heights.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Crown Heights instead.

### How these sales were negotiated

- **Sale-to-list price**: 99.4% (44 sales)
- **Sold below asking**: 55% (44 sales)
- **Typical time to find a buyer**: 71 days (43 sales)
- **Typical time to close**: 71 days (45 sales)

Based on condo two-bedroom sales in Crown Heights with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

### Price trend

Median sale price, condo and house two-bedroom sales in Crown Heights

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2018 | $975,623 | 14 |
| 2020 | $1,333,512 | 22 |
| 2021 | $1,040,000 | 31 |
| 2022 | $1,200,000 | 27 |
| 2023 | $1,120,000 | 21 |
| 2024 | $1,165,000 | 11 |
| 2025 | $1,395,000 | 23 |
| 2026 YTD | $1,490,000 | 26 |

Based on recorded condo and house two-bedroom sales in Crown Heights. 2026 is year-to-date.

Sales data through June 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 429 RALPH Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/429-ralph-avenue)

## Property Tax History

Taxes at 429 RALPH Avenue were $5,456 in 2026, up 6.0% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $52,860 | $8,940 | $43,920 | $27,166 | $5,456 | 20.085% (estimated) |
| 2025 (FY 2025/26) | $45,120 | $8,940 | $36,180 | $25,630 | $5,148 | 20.085% (estimated) |
| 2024 (FY 2024/25) | $46,140 | $8,940 | $37,200 | $25,001 | $5,021 | 20.085% |
| 2023 (FY 2023/24) | $56,640 | $8,940 | $47,700 | $23,587 | $4,737 | 20.085% |
| 2022 (FY 2022/23) | $50,220 | $8,940 | $41,280 | $23,328 | $4,738 | 20.309% |
| 2021 (FY 2021/22) | $43,020 | $8,940 | $34,080 | $22,638 | $4,519 | 19.963% |
| 2020 (FY 2020/21) | $40,620 | $8,940 | $31,680 | $21,358 | $4,495 | 21.045% |
| 2019 (FY 2019/20) | $35,340 | $8,940 | $26,400 | $20,834 | $4,410 | 21.167% |
| 2018 (FY 2018/19) | $19,656 | — | — | $19,656 | $4,112 | 20.919% |
| 2017 (FY 2017/18) | $19,440 | — | — | $19,440 | $3,963 | 20.385% |
| 2016 (FY 2016/17) | $18,865 | — | — | $18,865 | $3,771 | 19.991% |
| 2015 (FY 2015/16) | $17,798 | — | — | $17,798 | $3,480 | 19.554% |
| 2014 (FY 2014/15) | $17,362 | — | — | $17,362 | $3,326 | 19.157% |
| 2013 (FY 2013/14) | $16,380 | — | — | $16,380 | $3,143 | 19.191% |
| 2012 (FY 2012/13) | $16,200 | — | — | $16,200 | $3,008 | 18.569% |
| 2011 (FY 2011/12) | $15,721 | — | — | $15,721 | $2,862 | 18.205% |
| 2010 (FY 2010/11) | $14,832 | — | — | $14,832 | $2,575 | 17.364% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 3014510011. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 429 RALPH Avenue

Crown Heights · Mixed Use

429 RALPH Avenue, Brooklyn, NY 11233

A building in Crown Heights, currently featuring 1 active listing.

- **Active Units**: 1
- **Floors**: 2

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/429-ralph-avenue)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11233/429-ralph-avenue-ny-11233) | 2 | 3 | — | — | $1,795,000 | Douglas Elliman Real Estate | Jul 2, 2026 | 81 days |

## Crown Heights

Overview of Crown Heights

[Explore Crown Heights](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/crown-heights) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Crown Heights

- [Prospect Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights)
- [Prospect Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park)
- [Brownsville real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brownsville)
- [East Flatbush real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/east-flatbush)

## Related Links

- [429 RALPH Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/429-ralph-avenue)
- [Crown Heights neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/crown-heights)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.