677 Ralph Avenue, New York, NY

Name: 677 Ralph Avenue, For Sale in New York - Zoocasa
Brand: Keller Williams Legendary
SKU: 1034916
Price: 975000 USD

House

For Sale

Listed price in listed location currency (USD).

$975,000

000

MLS® 1034916

Key Facts
Description
Map

Key Facts

Type Duplex

Levels Residential Income

Size -

Garage

Taxes $10,260

Days Active 1

Lot Size 0.0574 Acres

Approx. Age 1930

MLS® Number 1034916

Property Address: 677 Ralph Avenue, New York, NY, 11212

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number1034916

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1930

BasementFinished

DrivewayNone

Garage Spaces

HeatOil, Other

A/CWall/Window Unit(s)

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 4, 2026List Date

$975,000List Price

Commute

Commute

Starting Address

Destination Address

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

Yes, I'd like to receive free weekly market insights and buying and selling tips. Unsubscribe at any time.

By pressing "Take a Tour", I confirm that I have read and agree to the eXp Privacy Policy, and Terms of Use.

By pressing "Take a Tour", I am electronically signing and consenting to receive marketing comms about real estate brokerage and mortgage lending services, delivered via email, phone and/or text (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate professionals and their affiliate SUCCESS® Lending using the contact information I provided. Your consent is not a condition of purchase and you may revoke it at any time by replying "STOP" to any texts. Text HELP for more info. Message and data rates may apply. You may also contact us directly at 1-844-683-4664.

Similar Listings

Comparable Properties

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

eXp Realty holds real estate brokerage licenses in multiple states. Zoocasa (Canada), Inc. holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

MLS® Compliance Statements
Tony King – Designated Managing Broker, Broker Operations – TX.
Texas Real Estate Commission information about brokerage services
Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations. The Fair Housing Notice→

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H. Learn More→

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker
eXp Realty of Southern California, Inc. | CA DRE# 02187306 | Gina Saad – Designated Broker
eXp Realty of Greater Los Angeles, Inc. | CA DRE# 02188471 | Anita Cruz – Designated Broker
eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas Penny – Designated Broker
Fair Housing and Reasonable Accommodations
DMCA Notice

2026 AODA Compliance Report
Feedback can be submitted through our standard communication channels such as our internal chat platform, email, phone etc., and accommodations are available upon request. Zoocasa reviews all feedback received, acknowledges concerns, and works to respond in a timely manner. Feedback is assessed and addressed appropriately to support continuous improvement of our services and accessibility practices.