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413 68Th St Brooklyn, NY 11220

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For Sale
$1,150,000

All-brick 6-family building in prime Bay Ridge location.

Lot size:
0.05 Acres

Property Features for 413 68Th St

General Information

Property type
Multi Family
Standard status
Active
Lot size
0.05 Acres

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Listing Contact
Charles A. Olson
Charles A. Olson
Source: Elliman

Listing Agency: Keller Williams Realty Empire Listing Agent: Charles A. Olson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Bay Ridge Multifamily Investment Opportunity

This is an all-brick, 6-family building located in Northern Bay Ridge. The property is fully tenanted, with the owner-occupied 2-bedroom unit to be delivered vacant. There is potential for increased 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 interior space totals 5,400 sq ft. The property is situated in a prime location near shopping, dining, and transportation options. The current rent roll is $123,421 per year, with total expenses of $38,584, resulting in a current CAP rate of 6.3%. The building contains a total of 11 bedrooms and 6 bathrooms. The apartments are rent-stabilized.
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

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City
Brooklyn
County
Kings
State
New York
Longitude
-74.022553
Latitude
40.635282

FAQs

What type of property is this?
Apartment building - All-brick 6-family building in prime Bay Ridge location.
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: - Well-maintained, fully tenanted 6-family all-brick building.; - Spacious 5,400 sq. ft. building on a 20' x 90' lot.; - Vacant 2-bedroom owner-occupied unit allows for immediate occupancy or market-rate rental.
More about this property
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