For Sale $1,399,000
Property Type Multi-Family
Property Size 5,400 SF
Units 6
Lot Size 2,293 SF
Cap Rate % 5.84
NOI / YR 87584
Taxes / YR 22000
Zoning R5B
# of Floors 3
Property Tenancy Multi-Tenant
Year Built 1915
Date Updated Apr 29, 2024
Website www.coldwellbankerny.com

Investment Opportunity: This all-brick, 6-family building in the highly desired Bay Ridge neighborhood presents a promising investment prospect. Comprising 5 two-bedroom apartments and 1 one-bedroom apartment, with the potential for one apartment to be delivered vacant at closing, the well-maintained property features a full basement. The large building, with dimensions at 20 x 90, offers spacious living arrangements, enhancing the appeal, situated on a generous lot size of 20 x 115. The neighborhood's charm is further complemented by nearby parks, including Owl’s Head Park, that offer numerous opportunities for outdoor and recreational activities. Conveniently located, the property is easily accessible to the Belt Parkway, Brooklyn Queens Expressway, and Verrazano Bridge. With diverse dining options, shopping centers, grocery stores, and transportation hubs in close proximity, everything you need is within reach. The classic charm blended with modern comforts makes this property an attractive investment opportunity in one of Bay Ridge's most vibrant neighborhoods.

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Attachments

Contacts

Joseph Giordano

Coldwell Banker Commercial Reliable Real Estate

(718) 921-3100

Location

Getting Around

Walk Score ®
90/100 Walker's Paradise
Transit Score ®
97/100 Rider's Paradise
Bike Score ®
82/100 Very Bikeable

Map
Street

City Brooklyn, NY
Neighborhood Bay Ridge
Zip Code 11220
Market Brooklyn

Points of Interest

Bay Ridge Avenue

0.05 miles
Explorer Car Service

0.17 miles
Yours Car Service

0.26 miles
77th Street

0.42 miles
Prince Car Service

0.47 miles
59th Street

0.49 miles
8th Avenue

0.57 miles
53rd Street

0.82 miles
Bell Car Service

0.90 miles
86th Street

0.91 miles

7-Eleven

0.28 miles
Sunoco

0.39 miles
SEVENTH AVENUE

0.45 miles
BP

0.57 miles
Emporium 1

0.68 miles
BP

1.08 miles
BP

1.21 miles
Sunoco

1.29 miles
BP

1.42 miles
Shell

1.61 miles

Hospital Parking

0.75 miles
IKEA

2.62 miles
School Bus Depot

2.68 miles
Lighhouse Museum Parking

2.70 miles
St. George Garage

2.87 miles
Car Park

2.94 miles
Ultra Car Park Systems

2.96 miles
Eastern Fruits and Vegetables

3.01 miles
Car Park Systems

3.02 miles
US Postal Service

3.06 miles

Insignia Hotel, Ascend Hotel Collection

0.60 miles
Best Western Gregory Hotel

0.79 miles
Quality Inn

1.23 miles
casa Eddie

1.45 miles
The Vue Hotel Express

1.47 miles
Wyndham Garden

1.49 miles
Phoenix Hotel

1.50 miles
King Hotel

1.50 miles
Days Inn

1.50 miles
Comfort Inn

1.55 miles

El Castillo

0.03 miles
Taste of China

0.04 miles
Bay Ridge Cafe

0.04 miles
Original Pizza

0.05 miles
Emphasis

0.06 miles
Mike's Donuts & Coffee

0.13 miles
Brooklyn Kabab

0.15 miles
Saravá Bistro

0.17 miles
Fu Lai Kitchen

0.17 miles
South Brooklyn Foundry

0.18 miles

High School of Telecommunications Arts and Technology

0.10 miles
Gateway City Academy

0.23 miles
Public School 102

0.33 miles
Public School 503: The School of Discovery

0.50 miles
Our Lady of Perpetual Help School

0.51 miles
Public School 506: The School of Journalism & Technology

0.51 miles
Xaverian High School

0.70 miles
Intermediate School 259

0.77 miles
Public School 127

0.83 miles
P.S. 310

0.83 miles

Urban STEAM Lab

0.50 miles
Young Risers

0.64 miles
MetroKids Preschool

0.78 miles
District 20 Pre-K Center Z111

1.26 miles
Stepping Stones The Next Step

1.33 miles
Pantomima

1.36 miles
Ms. Jenn's Little Achievers

1.39 miles
Tita & Tito Day Care

1.50 miles
Purple Crayon

1.82 miles
Brooklyn Child Care Inc

1.91 miles

Frequently Asked Questions

What is the lease rate for 413 68th Street Brooklyn?

Rental asking rate at 413 68th Street Brooklyn is $699,500.00/YR.

What is the total square footage of 413 68th Street Brooklyn?

413 68th Street Brooklyn totals 5,400 square feet.

When was this property built?

413 68th Street Brooklyn was built in 1915.

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