413 68th Street, New York, (Brooklyn), NY, 11220

413 68th Street, New York, (Brooklyn), NY, 11220

1915

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). The projected income upon new lease signing is $145,729, bringing CAP to 8%. There are 11 total bedrooms and 6 baths. Buyers are responsible for due diligence; apartments are rent-stabilized. Shown by appointment.


Status:

Active

Town:

New York

Type:

Commercial

Units:

6

Heating:

Natural Gas

Cooling:

None

Basement:

Unfinished, Walk-Out Access

Acreage:

0.05

Est. Taxes:

$21,584

Assessment

$437,400

Construction

Brick

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Elementary School:

Ps 102 Bayview (The)

Middle School:

Jhs 259 William Mckinley

High School:

Fort Hamilton High School

School District:

Community District 20

Days on Market:

1

MLS #:

815588


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Keller Williams Realty Empire 718-954-8400