413 68th Street

New

$1,350,000

413 68th Street New York, NY

2126

Home61's Closings in

Miami, FL

Amenities

Air Conditioning
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Fence
N/A
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
N/A
Tax
$21,584   (2024)
$ /sqft
-
Half Bath/WC
-
Parking Space
0
Building
-
On market
1 day
$ /sqft
-
Type
other
Year Built
1915
Unit
-
Zip Code
11220
Ref./MLS ID
KEY815588

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 $34,084 (current cap 6.  6).  Projected income upon new lease signing is $145,729, bringing cap above 8%.  11 total bedrooms and 6 baths.  Buyers are responsible for due diligence; apartments are rent-stabilized.  Shown by appointment.  


Data is provided by OneKey MLS.

Listed on January 23, 2025 by Charles A. Olson from Keller Williams Realty Empire, this other is for sale. other for sale in New York listed at $1,350,000, Reference KEY815588

The multiple listing information is provided by OneKey MLS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 OneKey MLS®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.