413 68th Street
Bay Ridge, New York
$1,350,000 Price
10 Bedrooms   6.0 Baths

413 68th Street, Bay Ridge, New York

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...

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.

Courtesy of Keller Williams Realty Empire

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Bay Ridge, New York
Type:
Price: $1,350,000
Last Updated: 2/17/2025
Web ID: 1103219481

Info & Amenities

Rooms: 23.0
Bedrooms: 10
Bathrooms: 6.0
Built: 1915
Pets allowed: Yes

Map of Area for 413 68th Street

Get to Know Bay Ridge

Nestled along the western edge of Brooklyn, Bay Ridge charms residents and visitors with its picturesque waterfront views and diverse community. Known for its historic architecture and strong sense of community pride, Bay Ridge offers a suburban feel within the urban landscape. The neighborhood's tree-lined streets and parks create an inviting atmosphere for residents of all ages.

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