426 68th St Brooklyn, NY 11220
Bay Ridge NeighborhoodEstimated payment $6,700/month
Highlights
- No Heating
- P.S./I.S. 30 - The Mary White Ovington School Rated A-
- 1-minute walk to Bay Ridge Avenue
About This Home
This six-unit rent-stabilized building sits just steps from the R train in the heart of Bay Ridge. Each apartment has two spacious bedrooms. Two to three apartments will be delivered vacant, offering immediate flexibility for an investor or owner-user. The current rent roll remains below DHCR guidelines, generating a net operating income of approximately $47,880. Priced to sell, this property offers a rare combination of stability, steady cash flow, and meaningful upside for an investor seeking a low-risk, low-turnover asset in one of Brooklyn’s most established neighborhoods.
Please email me for current setup.
Open House Schedule
-
Sunday, March 22, 202612:00 to 12:30 pm3/22/2026 12:00:00 PM +00:003/22/2026 12:30:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,176
Year Built
- Built in 1931
Lot Details
- Lot Dimensions are 20.000000x100.000000
Home Design
- Entry on the 1st floor
Interior Spaces
- 5,100 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Full Bathrooms
Utilities
- No Cooling
- No Heating
Community Details
- 6 Units
- Bay Ridge Subdivision
Listing and Financial Details
- Legal Lot and Block 0017 / 05864
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $24,397 | $541,350 | $8,100 | $533,250 |
| 2024 | $24,397 | $485,100 | $8,100 | $477,000 |
| 2023 | $22,168 | $449,100 | $8,100 | $441,000 |
| 2022 | $20,475 | $458,100 | $8,100 | $450,000 |
| 2021 | $19,012 | $412,650 | $8,100 | $404,550 |
| 2019 | $18,932 | $433,800 | $8,100 | $425,700 |
| 2018 | $17,681 | $139,009 | $2,553 | $136,456 |
| 2017 | $16,373 | $128,727 | $2,732 | $125,995 |
| 2016 | $15,370 | $119,219 | $2,865 | $116,354 |
| 2015 | $9,976 | $119,219 | $3,439 | $115,780 |
| 2014 | $9,976 | $115,469 | $2,706 | $112,763 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/24/2026 02/24/26 | Price Changed | $875,000 | -7.4% | $172 / Sq Ft |
| 01/12/2026 01/12/26 | Price Changed | $945,000 | -5.0% | $185 / Sq Ft |
| 11/02/2025 11/02/25 | For Sale | $995,000 | -- | $195 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20057786
APN: 05864-0017
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
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Ask me questions while you tour the home.