Description
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.
Address
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Address: 413 68th Street
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City: New York City
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State/county: NY
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Zip/Postal Code: 11220
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Area: Bay Ridge
Details
Updated on June 16, 2026 at 1:46 pm-
Property ID RLS11030435
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Price $1,150,000
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Property Size 5400 Sqft
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Bedrooms 10
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Rooms 23
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Bathrooms 6
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Garage Size x x
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Year Built 1915
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Type Multi Family, Residential
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Property Status Active, For Sale
Additional details
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County Kings
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Property Type Residential
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Architectural Style Prewar, Walk-Up
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