677 Ralph Avenue
Brooklyn, NY 11212
Brownsville- Studio
- 3,280 sqft
Studio
3,280 sqft
Home Highlights
Parking
None
Climate Control
Heating & Cooling
Price/Sqft
$297
Listed
Less than a day ago
Local Information
-- mins to
About this House
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.
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.
Last check for updates: about 7 hours ago
Listing by: Keller Williams Legendary, (516) 328-8600
Trevor Deblase, (646) 591-7075
Source: OneKey® MLS as distributed by MLS GRID, MLS#1034916

Also Listed on OneKey® MLS as distributed by MLS GRID.
Home Details for 677 Ralph Avenue
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Interior Details Basement: Finished |
Appliances & Utilities Utilities: Cable Connected, Natural Gas Connected |
Heating & Cooling Heating: Oil,OtherHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Oil |
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Parking & Garage No CarportNo GarageParking: None |
Water & Sewer Sewer: Public Sewer |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 1930 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family |
Building Construction Materials: BrickAttached To Another Structure |
Property Information Parcel Number: 035090014 |
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Price List Price: $975,000Price Per Sqft: $297 |
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MLS Status: Active |
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Direction & Address City: Brooklyn |
School Information Elementary School: Brooklyn Arts And Science ElementaryJr High / Middle School: Acad For College Prep And Career ExpHigh School: Acad For College Prep And Career ExpHigh School District: Brooklyn 17 |
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Listing Agent Listing ID: 1034916 |
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Building Area Building Area: 3280 Square Feet |
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Not Senior Community |
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Lot Area: 2500 sqft |
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Special Conditions: None |
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Listing Agreement Type: Exclusive Right To Sell |
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BasementMls Number: 1034916Attribution Contact: 646-591-7075Showing Requirements: 24 Hour Notice |
Market trends in New York
Last updated June 2026
Avg. sale price
$767K
$4.33KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$653
$10MoM
Available listings
18631
48MoM
Price History for 677 Ralph Avenue
| Date | Price | Event | Source |
|---|---|---|---|
| 08/04/2026 | $975,000 | Listed For Sale | OneKey® MLS as distributed by MLS GRID #1034916 |
| 01/09/2010 | $629,000 | ListingRemoved | Agent Provided |
| 09/02/2009 | $629,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $10,310 |
| Assessment | $492,000 |
Home facts updated by county records
Comparable Sales for 677 Ralph Avenue
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.28 | Multi-Family Home | $800,000 | 01/14/26 | - | 3,735 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 677 Ralph Avenue.
What Locals Say about Brownsville
At least 781 Trulia users voted on each feature.
91 % Say there are sidewalks
88 % Say it's walkable to grocery stores
71 % Say it's dog friendly
65 % Say it's walkable to restaurants
65 % Say kids play outside
64 % Say streets are well-lit
51 % Say there's holiday spirit
48 % Say yards are well-kept
48 % Say neighbors are friendly
47 % Say car is needed
43 % Say there are community events
38 % Say people would walk alone at night
34 % Say they plan to stay for at least 5 years
30 % Say parking is easy
29 % Say it's quiet
24 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Trevor Deblase, Keller Williams Legendary, (516) 328-8600
Agent Phone: (646) 591-7075

Based on information submitted to the MLS GRID as of 2026-08-04 11:38:10 PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
677 Ralph Avenue, Brooklyn, NY 11212 is a studio, 3,280 sqft multi-family built in 1930. 677 Ralph Avenue is located in Brownsville, Brooklyn. This property is currently available for sale and was listed by OneKey® MLS as distributed by MLS GRID on Aug 4, 2026. The MLS # for this home is MLS# 1034916.