413 68th Street

Bay Ridge   |   4th Avenue & 5th Avenue

Building For Sale
$ 1,350,000
Ownership Income Property
Lot Size 20'x115'
Floors/Apts 3/6
Status Active
Real Estate Taxes [Per Annum] $ 21,584
Building Type Low-Rise
Building Size 20'x90'
Year Built 1915
ASF/ASM 5,400/502
Listing ID: 35977TH

Jason Bauer

License

Manager, Licensed Associate Real Estate Broker

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Property Description

Bay Ridge All-Brick 6-family asset. Fully tenanted, the owner-occupied 2-bedroom will be delivered vacant. Upside potential offers the opportunity for growing returns; all current 2-year leases are set to expire on 9/30/25. The building is 20' x 90' on a 114 ft lot zoned R7B. Well-maintained, with 5,400 interior sq. ft. located in prime Northern Bay Ridge near shopping, dining, and multiple transportation options. Current RR is $123,421/yr, with total expenses of $38,584 (current CAP 6.3). Projected income upon new lease signing is $145,729, bringing CAP to 8%. 11 total bedrooms, 6 baths. Buyers are responsible for due diligence; apartments are rent-stabilized. Shown by appointment.
Bay Ridge All-Brick 6-family asset. Fully tenanted, the owner-occupied 2-bedroom will be delivered vacant. Upside potential offers the opportunity for growing returns; all current 2-year leases are set to expire on 9/30/25. The building is 20' x 90' on a 114 ft lot zoned R7B. Well-maintained, with 5,400 interior sq. ft. located in prime Northern Bay Ridge near shopping, dining, and multiple transportation options. Current RR is $123,421/yr, with total expenses of $38,584 (current CAP 6.3). Projected income upon new lease signing is $145,729, bringing CAP to 8%. 11 total bedrooms, 6 baths. Buyers are responsible for due diligence; apartments are rent-stabilized. Shown by appointment.

Listing Courtesy of Keller Williams Realty Empire

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Apartment Features

A/C
413 68th Street Bay Ridge Brooklyn NY 11220

Building Details [413 68th Street]

Ownership Income Property
Service Level Voice Intercom
Access Walk-up
Block/Lot 5855/180
Building Size 20'x90'
Zoning R5B
Building Type Low-Rise
Year Built 1915
Floors/Apts 3/6
Lot Size 20'x115'

Building Amenities

Outdoor Parking
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.