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413 68th Street Brooklyn, NY 11220

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For Sale
$1,150,000

MULTI_FAMILY - Brooklyn, NY

Property size:
5,400 SF
Lot size:
0.05 Acres
Added:
Jan 23, 2025
Days on Market:
451
Last Refresh:
Apr 19 at 6:06 am

Property Features for 413 68th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R7B
Bedrooms
11
Bathrooms
6
Rooms
Bathroom 6, Bathroom 1, Bathroom 5, Bedroom 7, Bedroom 2, Bedroom 11, Bedroom 8, Bathroom 4, Bedroom 10, Bedroom 6, Bedroom 9, Bathroom 3, Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 1
Interior features
Refrigerator, Stove
Basement
Unfinished
Standard status
Active
Size
5,400 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
21584

Building Details

Number of units
6
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Asphalt

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Listing Contact
Charles A. Olson
Charles A. Olson

Listing agent Charles A. Olson License #10491204283

Listing office Keller Williams Realty Empire 8508 3rd Avenue, Brooklyn, NY

Listing date Jan 23, 2025

MLS# 488717 Listing URL

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Bay Ridge Six-Family Brick Asset

This is an all-brick, six-family building located in Bay Ridge, Brooklyn. The property is fully tenanted, and the owner-occupied 2-bedroom unit will be delivered vacant. There is upside potential for growing returns, as all current 2-year leases are set to expire on 9/30/25. The building measures 20' x 90' and is situated on a 0.0526-acre lot with R7B zoning. The property features 5,400 square feet of interior space. It is located in prime Northern Bay Ridge, near shopping, dining, and multiple transportation options. The current registered rent is $123,421 per year, with total expenses of $38,584, resulting in a current capitalization rate of 6.3%. The building contains a total of 11 bedrooms and 6 bathrooms. The apartments are rent-stabilized. Buyers are responsible for due diligence.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-74.022595
Latitude
40.635293

FAQs

What type of property is this?
Apartment building - Fully tenanted six-family building in prime Bay Ridge location.
Where is this apartment building located?
The property is located at 413 68th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Vacant 2‑bedroom owner‑occupied unit at closing; Significant upside potential with expiring leases on 9/30/25; Prime Northern Bay Ridge location near shopping, dining, and transportation
More about this property
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