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  • 429 Ralph Avenue, 1
  • 5 Rooms
  • 2 Beds
  • 2 Baths
  • $ 1,795,000
429 Ralph Avenue Ocean Hill Brooklyn NY 11233
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429 Ralph Avenue, 1

Ocean Hill   |   Bergen Street & Saint Marks Avenue
Listing ID: 104688TH

  • $ 1,795,000
  • 2 Bedrooms
  • 2 Bathrooms
  • / Approx. SF/SM
  • %Financing Allowed

  • Details
  • Mixed UseOwnership
  • $ 429Real Estate Taxes
  • ActiveStatus

429 Ralph Avenue Ocean Hill Brooklyn NY 11233
  • 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 on the ground floor 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 is currently built as a house of worship. With high ceilings, excellent lighting, and easy access, this space can be transformed into the base for a variety of commercial uses. Upstairs are two one-bedroom, one bath apartments with great views that can be kept as is, renovated or collapsed and turned into a beautiful multi-room home. The basement is large, has ample storage, and access to the outside.

    Along with photos of the property as is, we have included some renderings showing all the great potential this space has. Attached to the property is a private parking for up to 3 vehicles.

    Delivered 100% vacant; the building allows for immediate renovation, repositioning, or redevelopment - no 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

    Fully vacant delivery

    Corner lot with great exposure

    Private parking

    Generous lot size and favorable building dimensions

    R6 zoning, offering flexibility for redevelopment, expansion, or long-term income strategies

    Convenient for live/work, retail plus residential, or full investment/development scenarios

    About The Neighborhood

    This location has strong visibility and foot traffic on a busy street, conveniently located near bustling Utica Ave and just minutes from Fulton Street, the property benefits from immediate access to public transportation, local shops, restaurants, and cultural institutions. Crown Heights 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 to own a historical, high quality & income producing property in Brooklyn.

    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 on the ground floor 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 is currently built as a house of worship. With high ceilings, excellent lighting, and easy access, this space can be transformed into the base for a variety of commercial uses. Upstairs are two one-bedroom, one bath apartments with great views that can be kept as is, renovated or collapsed and turned into a beautiful multi-room home. The basement is large, has ample storage, and access to the outside.

    Along with photos of the property as is, we have included some renderings showing all the great potential this space has. Attached to the property is a private parking for up to 3 vehicles.

    Delivered 100% vacant; the building allows for immediate renovation, repositioning, or redevelopment - no 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

    Fully vacant delivery

    Corner lot with great exposure

    Private parking

    Generous lot size and favorable building dimensions

    R6 zoning, offering flexibility for redevelopment, expansion, or long-term income strategies

    Convenient for live/work, retail plus residential, or full investment/development scenarios

    About The Neighborhood

    This location has strong visibility and foot traffic on a busy street, conveniently located near bustling Utica Ave and just minutes from Fulton Street, the property benefits from immediate access to public transportation, local shops, restaurants, and cultural institutions. Crown Heights 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 to own a historical, high quality & income producing property in Brooklyn.


    Listing Courtesy of Douglas Elliman Real Estate
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  • Matthew Coleman

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    W: 212-677-4040
    M: 917-494-7209
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    Licensed Broker - President

    W: 212-677-4040
    M: 917-494-7209
    • Email Me
    • Download Contact

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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 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
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.
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31 East 12th Street, New York, NY 10003
Tel: 212.677.4040 | Fax: 212.677.4041 | info@colemanrealestate.com
© 2026 by Coleman Real Estate.  All Rights Reserved
31 East 12th Street, New York, NY 10003
Tel: 212.677.4040
Fax: 212.677.4041
info@colemanrealestate.com

Privacy Policy
Legal
Fair Housing Policy
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T01.50.0.0 | Core: 50.0.0
31 East 12th Street, New York, NY 10003
T:   212.677.4040   |   Email:   info@colemanrealestate.com
T01.50.0.0 | Core: 50.0.0