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    Bay Ridge Multifamily Investment Opportunity Title is generated by Realmo AI

    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.

    Type:Multi Family
    Property size:
    5,400 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $212/SF
    Added:
    Mar 11, 2026
    Days on Market:
    120
    Last Refresh:
    Jul 5 at 5:17 am

    Property Features for 413 68th St

    General Information

    Standard status
    Active
    Size
    5,400 SF
    Lot size
    0.05 Acres
    Property subtype
    Multi Family

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    Charles A Olson
    Charles A Olson

    Listing office Keller Williams Realty Empire

    Listing date Mar 11, 2026

    Source Elliman

    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

    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.
    • High‑demand location in prime Northern Bay Ridge near shopping, dining, and transportation.
    • Solid current rental revenue of $123,421/year and a 6.3% CAP rate.
    • Significant upside potential with all leases expiring 9/30/25.

    Overview

    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.
    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.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.0226
    Latitude
    40.6353

    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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