413 68th Street, New York, (Brooklyn), NY, 11220
![413 68th Street, New York, (Brooklyn), NY, 11220](/Content/Images/_Placeholders/staticmap.jpg)
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
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Listing courtesy of Keller Williams Realty Empire 718-954-8400