Bay Ridge Multifamily Investment
413 68th St Brooklyn, NY 11220
413 68th St, Brooklyn, NY, 11220
$1,150,000
For Sale
$1,150,000
All-brick 6-family building in prime Bay Ridge location.
Property Size5,400 SF
Lot Size0.05 Acres
Price / SF$212.96
Days on Market133
Property Features for 413 68th St
General Information
- Standard status
- Active
- Size
- 5,400 SF
- Lot size
- 0.05 Acres
- Property subtype
- Multi Family
Listing agency
Keller Williams Realty Empire
(718) 954-8401
Listed by
Charles A Olson · License #10491204283
(718) 954-8401
Source
Elliman
Added: Mar 11 Updated: Jul 6 at 12:29PM Checked: Jul 21 at 8:58AM
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Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
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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.
