475 Ralph Avenue, Brooklyn NY, 11223

Active

475 Ralph Avenue

Brooklyn NY, 11223

$1,600,000

$484.85 per sqft

Active

3,300 sqft

Multi-family

Built in 1920

Great Lucrative Investment Opportunity! MIXED-USE Laundry Business + 2 Residential Apartment Building in Brooklyn NY! This Mixed-Use solid brick building features 2 residential apartments on 2nd & 3rd floor and a well established laundromat business on the first floor, located in the dynamic and commercial hub of Brooklyn. Business Description Absentee Owner Management 24 Washers + 20 dryers, all Machine around 7-8 years old, laundromat business operating for over 20 years.
Gross Revenue: $264,000/year.

480608

MLSⓇ ID

August 8, 2024

Listed

February 26, 2025

Updated

Interior Features

Total Stories: 3
Appliances: Gas Water Heater
Floor Description: Hardwood, Tile
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Hot Water, Natural Gas
Basement: Yes

Exterior/Building Features

Lot Size: 0.04 Acres

Other Property Details

Area Name: Brooklyn
Taxes: $3,187
Tax Frequency: Annually
Days on Market: 347
Garage: No
View: No
County: Kings
Zoning: R6 C1-3B

Listing History

Date	Event	Price
6/27/2024	Price change	$1,600,000 -4%

Listed by MeiJuan (Mandy) Jiang with Ashford Homes LLC
Listing Contact: 9293641301

Based on information from Brooklyn Board of REALTORS®. Data last updated 2/26/2025. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Parkview Terrace Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.