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Property 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). The projected income upon new lease signing is $145,729, bringing CAP to 8%. There are 11 total bedrooms and 6 baths. Buyers are responsible for due diligence; apartments are rent-stabilized. Shown by appointment.

Features
Heating System:
Natural Gas
Cooling System:
No
Basement:
Walk-out Access, Unfinished
Appliances:
Dishwasher, Oven, Refrigerator, Microwave, Dryer, Washer
Fireplaces Total:
0
Flooring:
Hardwood
Garage Spaces:
1
Interior Features:
Eat-in Kitchen, 1st Floor Bedrm, Cathedral Ceiling(s)
Lot Features:
Level
Parking Features:
Driveway, Attached, 1 Car Attached
Pet Allowed:
Call
Sewer:
Public Sewer
Utilities:
Natural Gas Connected, Electricity Connected, Water Connected, Sewer Connected
Address Map
City:
NY
State:
NY
County:
Kings (Brooklyn)
Directions:
Use, GPS.
Property and Construction
Architectural Style:
Ranch, Single Family
Construction Materials:
Frame, Vinyl Siding
Development Status:
Brick
Elementary School:
Ps 102 Bayview (The)
High School:
Fort Hamilton High School
Inclusions:
Dishwasher, Refrigerator, Microwave, Dryer, Energy Star Appliance(s), Washer
Lease Term:
12 Months
Levels:
Two
Agent MlsId:
130055
Office MlsId:
KLLR01
MiddleOrJunior School:
Jhs 259 William Mckinley
Number Of Units:
6
Senior Community:
1
Special Listing Conditions:
No
Tax Annual Amount:
$21,584
Water Source:
Public
Zoning:
R5B
PhotosCount:
1

Commercial Sale For Sale

413 68th Street, New York, NY

2,293 Acre
$1,260,000
Listing ID #815588
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
815588
Price :
$1,260,000
Bathrooms Total :
0
Building Area :
5,400 Sqft
Lot Area :
2,293 Acre
Year Built :
1915
Status :
Active
Status :
Active
Listing Office :
Keller Williams Realty Empire
Listing Agent :
Charles A. Olson
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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