Active
413 68th Street
Brooklyn NY, 11220
$1,350,000
$250.00 per sqft
Active
10 Beds
6 Baths
5,400 sqft
Multi-family
Built in 1915
Bay Ridge All-Brick 6-family asset. Fully tenanted, the owner-occupied 2-bedroom will be delivered vacant. Upside potential offers the opportunity for growing returns; all current 2-year leases are set to expire on 9/30/25. The building is 20' x 90' on a 114 ft lot zoned R7B. Well-maintained, with 5,400 interior sq. ft. located in prime Northern Bay Ridge near shopping, dining, and multiple transportation options. Current RR is $123,421/yr, with total expenses of $38,584 (current CAP 6.3). Projected income upon new lease signing is $145,729, bringing CAP to 8%. 11 total bedrooms, 6 baths. Buyers are responsible for due diligence; apartments are rent-stabilized. Shown by appointment.
RLS11030435
MLSⓇ ID
January 23, 2025
Listed
February 22, 2025
Updated
Interior Features
Total Stories
3
Bedrooms
10
Total Bathrooms
6
Full Bathrooms
6
Laundry Description
See Remarks
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.05 Acres
Architectural Style
Prewar, Walk-Up
Other Property Details
Taxes
$21,584
Tax Frequency
Annually
Garage
No
View
No
County
Kings
Pets Allowed
Yes
Pool
No
RLS Data display by Jean Marrone with Keller Williams Realty Empire
Listing Contact: (718) 938-9568
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved
Data last updated on 2/22/2025 at 6:40 AM UTC