Bay Ridge 6-Family Brick
For Sale
$1,150,000
413 68th St, Brooklyn, NY 11220
Fully tenanted 6-family building with upside potential in Bay Ridge.
Property Size5,400 SF
Lot Size0.05 Acres
Days on Market260
Property Features for 413 68th St
General Information
Standard status
Active
Size
5,400 SF
Lot size
0.05 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$21,584
Building Details
Building Size
5,400 SF
Listing Agency:
Keller Williams Realty Empire
(718) 954-8400
Listed By:
Charles A. Olson · License #10491204283
(718) 954-8400
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Empire
Investment Insights
Based on property information with market context.
This is an all-brick 6-family building located in Bay Ridge. The property is fully tenanted, with the owner-occupied 2-bedroom unit to 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 dimensions are 20' x 90' on a 114 ft lot, zoned R7B. The building is well-maintained and features 5,400 interior sq. ft. It is situated in prime Northern Bay Ridge, close to 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 includes a total of 11 bedrooms and 6 bathrooms. Apartments are rent-stabilized.
Key Highlights
- Vacant 2‑bedroom owner‑occupied unit allows for immediate occupancy or market‑rate rental.
- High‑demand location in prime Northern Bay Ridge near shopping, dining, and transportation.
- Significant upside potential with all leases expiring 9/30/25, allowing for increased rental income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,279
Businesses Nearby
Explore this area
Business Placement
Demographics for 11220, NY
105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully tenanted 6-family building with upside potential in Bay Ridge.
Where is this apartment building located?
The property is located at 413 68th St 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 allows for immediate occupancy or market‑rate rental.; High‑demand location in prime Northern Bay Ridge near shopping, dining, and transportation.; Significant upside potential with all leases expiring 9/30/25, allowing for increased rental income.
