413 68th St Brooklyn, NY 11220
Bay Ridge NeighborhoodEstimated payment $7,999/month
Highlights
- Wood Flooring
- 1-minute walk to Bay Ridge Avenue
- Back Yard
- P.S./I.S. 30 - The Mary White Ovington School Rated A-
- Heating System Uses Steam
About This Home
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). 11 total bedrooms, 6 baths. Buyers are responsible for due diligence; apartments are rent-stabilized. Shown by appointment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,584
Lot Details
- 2,293 Sq Ft Lot
- Lot Dimensions are 114 x 20
- Back Yard
Parking
- On-Street Parking
Home Design
- Brick Exterior Construction
- Poured Concrete
- Asphalt Roof
Interior Spaces
- 5,400 Sq Ft Home
- Unfinished Basement
- Basement Cellar
- Stove
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Full Bathrooms
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 5855
Community Details
Overview
- 6 Units
Building Details
- Fuel Expense $6,000
- Insurance Expense $5,000
- Utility Expense $600
- Gross Income $123,422
- Net Operating Income $90,236
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $24,520 | $629,550 | $8,100 | $621,450 |
| 2025 | $23,755 | $524,700 | $8,100 | $516,600 |
| 2024 | $23,755 | $437,400 | $8,100 | $429,300 |
| 2023 | $21,584 | $413,550 | $8,100 | $405,450 |
| 2022 | $19,938 | $485,100 | $8,100 | $477,000 |
| 2021 | $18,510 | $436,950 | $8,100 | $428,850 |
| 2019 | $18,434 | $459,450 | $8,100 | $451,350 |
| 2018 | $17,215 | $135,349 | $2,349 | $133,000 |
| 2017 | $15,944 | $125,355 | $2,513 | $122,842 |
| 2016 | $14,964 | $116,071 | $2,638 | $113,433 |
| 2015 | $9,715 | $116,070 | $3,165 | $112,905 |
| 2014 | $9,715 | $112,430 | $2,489 | $109,941 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/03/2026 04/03/26 | Price Changed | $1,150,000 | 0.0% | $213 / Sq Ft |
| 03/03/2026 03/03/26 | Price Changed | $1,150,000 | -8.7% | $213 / Sq Ft |
| 05/06/2025 05/06/25 | Price Changed | $1,260,000 | 0.0% | $233 / Sq Ft |
| 05/06/2025 05/06/25 | Price Changed | $1,260,000 | -6.7% | $233 / Sq Ft |
| 01/23/2025 01/23/25 | For Sale | $1,350,000 | 0.0% | $250 / Sq Ft |
| 09/14/2023 09/14/23 | For Sale | $1,350,000 | -- | $250 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 488717
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The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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