574 Ralph Ave

Welcome to this stunning 3-family home located in the heart of Crown Heights, Brooklyn. The building was meticulously renovated in 2018, offering modern finishes and comfort across three spacious apartments. One apartment will be delivered vacant, perfect for the owner or investor. The building generates a total of $9,941 in monthly income if fully rented. In addition, with the new "City of Yes" legislation, there may be potential to convert the basement, which already has two separate entrances. An engineer must verify this possibility and complete it with the proper permits. It is the buyer's responsibility to confirm and pursue this option. The current mortgage of $865,000 is assumable, should the purchaser decide to take over the existing LLC. The buyer will be responsible for the transfer tax. Please note that this listing is subject to errors and omissions.