
413 68th St Brooklyn, NY 11220
Bay Ridge NeighborhoodEstimated payment $8,758/month
Highlights
- Pre War Building
- 1-minute walk to Bay Ridge Avenue
- Intercom
- P.S./I.S. 30 - The Mary White Ovington School Rated A-
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). 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,584
Year Built
- Built in 1915
Lot Details
- 2,300 Sq Ft Lot
- Lot Dimensions are 20.00 x 115.00
Home Design
- Pre War Building
Interior Spaces
- 5,400 Sq Ft Home
- 3-Story Property
- Intercom
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Full Bathrooms
Community Details
- Bay Ridge Subdivision
Listing and Financial Details
- Legal Lot and Block 180 / 5855
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
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 |
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Source: Real Estate Board of New York (REBNY)
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