Fully Renovated Multi-Unit
For Sale
Contact for pricing
68 Troy Ave, Brooklyn, NY 11213
Renovated multi-unit property with separate heating and shared balcony, roof, and backyard access.
Property SizeContact for details
Days on Market129
Property Features for 68 Troy Ave
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Financials
Cap Rate
5.61%
Business Included
Yes
Building Details
Tenancy
Multi
Listing Agency:
Schuckman Realty Inc.
(718) 964-9048
Listed By:
Baruch Edelkopf · License #NY 10301215481
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 11:51PM
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 Schuckman Realty Inc.
Investment Insights
Based on property information with market context.
This fully renovated building offers multiple units with modern layouts, designer-style finishes, and strong natural light. Building amenities include shared access to a balcony, roof, and backyard, creating additional communal space for residents. Each unit has separate heating, supporting individual control. The units are currently destabilized with free-market tenants in place.
The property is described as bordering Stuyvesant Heights and in close proximity to the Fulton St retail corridor. It is also situated steps from the A, C and 3, 4 Trains and the LIRR, providing convenient regional and subway access.
The offering is presented with a stated 5.61% cap rate based on net operating income of $173,880.
The property is described as bordering Stuyvesant Heights and in close proximity to the Fulton St retail corridor. It is also situated steps from the A, C and 3, 4 Trains and the LIRR, providing convenient regional and subway access.
The offering is presented with a stated 5.61% cap rate based on net operating income of $173,880.
Key Highlights
- Fully renovated multi‑unit building with modern unit layouts and designer style finishes
- Cap rate: 5.61% based on an NOI of $173,880; asking price is $3,100,000
- All units have separate heating and are currently with free market tenants
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,753
Businesses Nearby
Explore this area
Business Placement
Demographics for 11213, NY
67,217
Population
29,186
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
61,106
Density / Sq Mi
$62,040
Median Household Income
$43,736
Median Earnings
$1,607
Median Rent
$1,184,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Specialty property - Renovated multi-unit property with separate heating and shared balcony, roof, and backyard access.
Where is this specialty property located?
The property is located at 68 Troy Ave Brooklyn, NY.
What are key features of this property?
This property features: Fully renovated multi‑unit building with modern unit layouts and designer style finishes; Cap rate: 5.61% based on an NOI of $173,880; asking price is $3,100,000; All units have separate heating and are currently with free market tenants
