$1,299,900
OPEN SAT 2:30PM - 4PM

Estimated payment $8,999/month

Total Views 301
-- Bed
6 Baths
5,175 Sq Ft
$251 Price per Sq Ft

Highlights

  • Wood Flooring
  • 1-minute walk to Bay Ridge Avenue
  • Multiple cooling system units
  • P.S./I.S. 30 - The Mary White Ovington School Rated A-
  • Back, Front, and Side Yard
  • Hot Water Heating System

About This Home

Prime Bay Ridge Investment Opportunity! Well-maintained solid brick 6-family building in one of Brooklyn’s most sought-after neighborhoods. The property features six spacious 2-bedroom apartments, including one beautifully renovated unit that has never been occupied since completion. One apartment will be delivered vacant at closing, offering immediate flexibility for an owner-user or market-rate rental. Ideally located just minute away to the R subway line, and perfectly positioned between 3rd Avenue, 4th Avenue, and 5th Avenue, providing convenient access to Bay Ridge’s vibrant restaurants, cafes, shopping, supermarkets, schools, and everyday amenities. This prime location continues to attract strong tenant demand. Large unfinished basement with high ceilings and a separate entrance, ideal for storage or additional utility space. Recent improvements include a newer roof, gas furnace, and water heater. A rare opportunity for investors or 1031 Exchange buyers seeking stable income and long-term appreciation in one of Brooklyn’s strongest rental markets.

Listing Agent

Mandy (Meijuan) Jiang

E House Realty & Mgt. Inc. Listed on: 07/06/2026

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,736

Year Built

  • Built in 1918

Lot Details

  • 2,300 Sq Ft Lot
  • Lot Dimensions are 100 x 23
  • Back, Front, and Side Yard

Home Design

  • 5,175 Sq Ft Home
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Hot Water Heating System
  • 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 $6,200
  • Insurance Expense $6,000
  • Utility Expense $500
  • Gross Income $10,572

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,736

Year Built

Built in 1918

Lot Details

2,300 Sq Ft Lot

Listing Details

  • Basement Amenities: Full, Separate Entrance
  • Borough: Brooklyn
  • Building Length: 75.00
  • Building Width: 23.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 68TH ST
  • Cross Street Name2: 5TH AVE
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Number Of Families: 6
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, A/C Unit - Window
  • Fill Sq Ft Total: 5175
  • Street Name I D X: 68th
  • Year Built: 1918
  • Special Features: OpenHouse

Interior Features

  • Basement Full Bathrooms: 6
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2300

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 71
  • Roof: Flat

Utilities

  • Air Conditioning Units: 5+
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 6200.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 23
  • Zoning: R5B

Multi Family

  • Annual Gross Expense: 42936.00
  • Annual Gross Income: 10572
  • Insurance Expense: 6000.00
  • Unit Count: 6
  • Annual Utility Expenses: 500.00

Tax Info

  • Flip Tax Amount: 23736.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $23,853 $603,900 $8,100 $595,800
2025 $23,119 $503,100 $8,100 $495,000
2024 $23,119 $419,400 $8,100 $411,300
2023 $21,007 $396,450 $8,100 $388,350
2022 $19,401 $464,850 $8,100 $456,750
2021 $18,011 $418,950 $8,100 $410,850
2020 $8,852 $458,550 $8,100 $450,450
2019 $17,940 $440,100 $8,100 $432,000
2018 $16,754 $131,726 $2,385 $129,341
2017 $15,514 $121,976 $2,553 $119,423
2016 $13,945 $112,944 $2,675 $110,269
2015 $9,018 $112,912 $3,211 $109,701
2014 $9,018 $109,422 $2,528 $106,894
Source: Public Records

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
07/06/2026 07/06/26 For Sale $1,299,900 -- $251 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase 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 Type Sale Price Title Company
Deed $735,000 --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Closed $250,000 Commercial
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 502801

Brooklyn Board of REALTORS®
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