Jeffrey Farnell - Smitchger Realty Logo
$1,150,000
( $212.96Per Sq Foot )
 $6,173 est/mo Sourced by Back At You

413 68th Street,Brooklyn, NY 11220

Brooklyn, NY 11220

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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). 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.

Details

MLS #815588
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1915
Days On Site582
Listing Provided ByKeller Williams Realty Empire | Charles A. Olson

Features

SQ Feet5,400
BasementY
Units6
ZoningR5B
Acreage0.05

Interior

CoolingNone
HeatingNatural Gas

Exterior

Construction MaterialsBrick

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
SewerPublic Sewer

Taxes

Tax Year2024
Tax Assessed Value437400
Tax Annual Amount21584

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11220
School DistrictFort Hamilton High School
Elementary SchoolPs 102 Bayview (The)
High SchoolFort Hamilton High School
Sourced by Back At You

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Learn More About This Property

Jeffrey Farnell

Jeffrey Farnell

John J Lease REALTORS

GRI (914) 850-1257jeffreygfarnell@yahoo.com
StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11220
School DistrictFort Hamilton High School
Elementary SchoolPs 102 Bayview (The)
High SchoolFort Hamilton High School
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $862K - $1.437M
sqft: 4,000 - 6,500
Nearby Listings Property ImageNearby Listings Details
444 68th Street Property Photo 1
$1,080,000
444 68th Street
Brooklyn, NY 11220
Listing Updated: May 26, 2026 at 1:33:52 PM PDT

Jeffrey Farnell - Smitchger Realty