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Bay Ridge Six-Family Brick Asset

413 68th Street Brooklyn, NY 11220

413 68th Street, Brooklyn, NY, 11220
$1,150,000
For Sale
$1,150,000

MULTI_FAMILY - Brooklyn, NY

Property Size5,400 SF
Lot Size0.05 Acres
Price / SF$212.96
Days on Market544

Property Features for 413 68th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R7B
Bedrooms
11
Bathrooms
6
Rooms
Bedroom 9, Bathroom 4, Bathroom 2, Bedroom 10, Bedroom 4, Bedroom 6, Bathroom 5, Bathroom 6, Bedroom 11, Bedroom 2, Bathroom 1, Bedroom 8, Bedroom 1, Bedroom 7, Bedroom 5, Bedroom 3, Bathroom 3
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
Listing agency Keller Williams Realty Empire
Listed by Charles A. Olson · License #10491204283
Added: Jan 23, 2025 Updated: Jul 21 at 10:36AM Checked: Jul 21 at 9:06PM
MLS# 488717

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.


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Bay Ridge all‑brick 6‑family property, fully tenanted; owner‑occupied 2‑bedroom to be delivered vacant
  • Building measures 20' x 90' on a 114 ft lot, zoned R7B
  • 5,400 interior SF with 11 total bedrooms and 6 bathrooms

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Hotel & Motel Nursing Home Nursing Home Bed & Breakfast Coworking & Hybrid Office Catering Service

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

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: Bay Ridge all‑brick 6‑family property, fully tenanted; owner‑occupied 2‑bedroom to be delivered vacant; Building measures 20' x 90' on a 114 ft lot, zoned R7B; 5,400 interior SF with 11 total bedrooms and 6 bathrooms
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