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$1,260,000
10 Beds
- 6 Baths
6 full baths
5,400sqft
413 68Th St, New York City, NY 11220
$1,260,000
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Multi Family
Built in 1915
$-- HOA
2,300 sqft lot
$233/sq.ft
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 a...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1915
HOA Fees
-
Finished Area
5,400 sqft
Lot Size
2,300 sqft lot
Basement Area
- sqft
MLS Name
Rebny MLS
MLS Number
RLS11030435
Days on Market
827
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