For Sale

Listed by Trevor Deblase from Keller Williams Legendary

Source: OneKey #1034916

677 Ralph Avenue, New York, NY, 11212

$975,000

3280 sq. ft.
2500 sq. ft.

Duplex

What's around 677 Ralph Avenue

About this property

Investor Opportunity – Legal 4-Family with Significant Upside Unlock the potential of this legal 4-family brick building offering immediate value-add opportunities in one of Brooklyn's established residential neighborhoods. Whether you're looking to renovate, reposition, or expand your portfolio, this property presents multiple avenues to increase cash flow and long-term equity. The building consists of three 2-bedroom apartments and one spacious 3-bedroom apartment. Two of the 2-bedroom units are vacant, providing the rare opportunity to renovate and lease at today's market rents from day one. A third 2-bedroom unit is occupied by non-paying tenants, while the 3-bedroom apartment is occupied by long-term tenants paying below market rent, creating additional upside for investors with a long-term asset management strategy. Solid brick construction, generous apartment layouts, and multiple vacant units make this an increasingly hard-to-find opportunity for investors seeking to add value through renovations and improved operations. Property Highlights: Legal 4-family brick building (3) Two-bedroom apartments (1) Three-bedroom apartment Two vacant 2-bedroom units ready for renovation or immediate repositioning One occupied 2-bedroom unit with non-paying tenants One occupied 3-bedroom unit cooperative tenants paying below-market rent Strong value-add and income-growth potential Ideal for experienced investors, developers, or multifamily operators Opportunity to significantly increase NOI through strategic improvements and lease optimization Properties offering this combination of vacant units, rental upside, and long-term appreciation potential are becoming increasingly scarce. Bring your vision and capitalize on the opportunity to transform this asset into a high-performing investment. Being sold as-is. Buyer to perform their own due diligence regarding tenancy, rents, and building condition.

Looking for more information on 677 Ralph Avenue?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$449,000
133 Dumont Avenue
New York NY 11212
Duplex
Listing courtesy of Royal House Realty Inc
For Sale
$1,299,000
909 Mother Gaston Boulevard
New York NY 11212
7
4
Duplex
Listing courtesy of Keller Williams Landmark II
For Sale
$1,194,999
199 E 94th St
New York NY 11212
9
4
Duplex
Listing courtesy of Compass Greater NY LLC

Other properties for sale by Keller Williams Legendary

For Sale
$399,000
110-31 173rd Street
New York NY 11433
2
1
Single-Family
Listing courtesy of Keller Williams Legendary
For Sale
$1,550,000
115 142nd Street
New York NY 11436
1
Duplex
Listing courtesy of Keller Williams Legendary
For Sale
$1,299,000
218-52 Stewart Road
New York NY 11427
3
3
1
Single-Family
Listing courtesy of Keller Williams Legendary

Browse properties sold in nearby areas

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent