About 413 68th
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). 11 total bedrooms, 6 baths. Buyers are responsible for due diligence; apartments are rent-stabilized. Shown by appointment.
Features of 413 68th
MLS® # | 488717 |
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Price | $1,260,000 |
Bedrooms | 11 |
Bathrooms | 6.00 |
Full Baths | 6 |
Square Footage | 5,400 |
Type | Multi-Family |
Sub-Type | Multi-Family |
Status | Active |
Community Information
Address | 413 68th |
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Area | Bay Ridge |
City | Brooklyn |
County | Kings (Brooklyn) |
State | New York |
Zip Code | 11220 |
Amenities
Amenities | NONE |
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Features | Refrigerator, Stove |
Is Waterfront | No |
Has Pool | No |
Interior
Interior | Hardwood, Tile |
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Appliances | Refrigerator, Stove |
Heating | Steam/Radiator |
Fireplace | No |
Has Basement | Yes |
Basement | Cellar, Unfinished |
Exterior
Exterior | Brick |
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Roof | Asphalt/Tar |
Construction | Brick |
Foundation | Poured Concrete |
Additional Information
Date Listed | January 23rd, 2025 |
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Days on Market | 256 |
Zoning | R7B |
Tax | $21,584 |