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Status: Active

413 68th Street, #

Bay Ridge

$1,350,000
 |  10 Beds  |  6 Baths  |  5,400SF

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. Listing courtesy of Keller Williams Realty Empire

Property Details

  • Multi Family

Amenities

  • Attendance: None
  • Building Laundry: See Remarks
  • Laundry: See Remarks
  • Building Pets: Building Yes
  • Pets: Building Yes, Yes

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For information on 413 68th Street, # contact:

realtor top real estate agent

Jacob Goldman

Founder, Principal Broker

212-388-1115

Founder, Principal Broker
listings@lohorealty.com
212-388-1115

Listing courtesy of Keller Williams Realty Empire
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