NOT LISTED FOR SALE

464 68th St Brooklyn, NY 11220

Bay Ridge Neighborhood
12 Beds
6 Baths
5,250 Sq Ft
2,500 Sq Ft Lot

Last Sold September 29, 2021

Last sale price $1,150,000 $219 Per Sq Ft

Highlights

  • Hot Water Heating System
  • 2-minute walk to Bay Ridge Avenue
  • Back and Front Yard
  • P.S./I.S. 30 - The Mary White Ovington School Rated A-

About This Home

As of September 2021

Well maintained 6 family in Bay Ridge located close to all conveniences, close to R train, B9 and B64 buses, walking distance to Ferry to Manhattan, X27 and X37 buses, 69 Street Pier, Owls Head Park, near 5th Ave and 3rd Ave shopping and restaurants. All 2 bedroom apartments; gas pipes have been updated to current requirements, new water main and sewer main (Oct. 2020). Apartment #2R was gut renovated about 5 years ago, which will be delivered vacant along with owner's apartment: **two apartments will be delivered vacant**!!

Last Agent to Sell the Property

Jick Chin

Empire State Realty Group Listed on: 06/02/2021

Last Buyer's Agent

Jick Chin

Empire State Realty Group Listed on: 06/02/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,837

Year Built

  • Built in 1931

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back and Front Yard

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Masonry

Interior Spaces

  • 5,250 Sq Ft Home
  • 3-Story Property
  • Stove
  • Unfinished Basement

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • 220 Volts
  • Oil Water Heater

Listing and Financial Details

  • Tax Block 5864

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $10,000
  • Insurance Expense $5,000
  • Utility Expense $480
  • Gross Income $91,764
  • Net Operating Income $48,347

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,837

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Total Bathrooms: 6.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 2.00
  • Borough: Brooklyn
  • Building Length: 70.00
  • Building Width: 25.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 4 Ave
  • Cross Street Name2: 5 Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 6
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Stove
  • Rooms Total Level3: 8
  • Fill Sq Ft Total: 5250
  • Building Stories: 3
  • Street Name I D X: 68th
  • Waterfront Present: No
  • Year Built: 1931
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 12
  • Flooring: Other
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick, Masonry
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 32
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Oil
  • Hot Water: Oil

Fee Information

  • Annual Fuel Expense: 10000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R5B

Multi Family

  • Annual Gross Expense: 43317.00
  • Annual Gross Income: 91764
  • Insurance Expense: 5000.00
  • Property Net Operating Income: 48347.00
  • Unit Count: 6
  • Annual Utility Expenses: 480.00

Tax Info

  • Flip Tax Amount: 19837.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2021 09/29/21 Sold $1,150,000 -- $219 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $25,032 $557,550 $8,100 $549,450
2024 $25,032 $499,500 $8,100 $491,400
2023 $22,745 $462,600 $8,100 $454,500
2022 $21,012 $471,600 $8,100 $463,500
2021 $19,512 $424,800 $8,100 $416,700
2019 $19,425 $446,850 $8,100 $438,750
2018 $18,141 $142,628 $2,544 $140,084
2017 $16,803 $132,107 $2,724 $129,383
2016 $15,774 $122,356 $2,860 $119,496
2015 $10,238 $122,339 $3,430 $118,909
2014 $10,238 $118,476 $2,699 $115,777
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jick Chin

    Empire State Realty Group

    (917) 443-7097

    1 in this area

    2 Total Sales

    Jick Chin
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 451668

Brooklyn Board of REALTORS®

APN: 05864-0032

New York Kings County Brooklyn 11220 Bay Ridge

464 68th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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