$1,150,000 $1,260,000
Updated 6 days ago
96 Views

413 68th Street

Bay Ridge, Brooklyn | 4th Ave & 5th Ave

23 Rooms10 Beds6 Baths5,400 Square FeetMulti-Family

$1,150,000 $1,260,000
floors / apts3 / 6
Lot Size20'x115'
Built Size20'x90'
ZoneR5B
Building TypeLow-Rise
RE Taxes$21,584
Price Per SF
$213

Listing Features

  • High Ceilings

Outdoor space and views

  • West Exposure

Building Amenities

  • Voice Intercom
  • Outdoor Parking
  • Stoop Entry

Property Description for 413 68th Street

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 History for 413 68th Street

Now
03/04/2026
$1,150,000 [-$110,000] [8.7%]
Price Drop by Jean Marrone
Keller Williams Realty Empire
2026

Building Details for 413 68th Street

OwnershipMulti-Family
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1915
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

Bay Ridge Av
0.05 miles
77 St
0.41 miles
59 St
0.49 miles

Citi Bike

68 St & 4 Ave
0.05 miles
4 Ave & Shore Road Dr
0.12 miles

Contact Agents

Contact Agents

Licensed As
Jean Marrone
Associate Broker
License#:
10301223932
Company:
Keller Williams Realty Empire
Jean Marrone
Keller Williams Realty Empire
Licensed As
Charles A. Olson
Broker
License#:
10491204283
Company:
Keller Williams Realty Empire
Charles Olson
Keller Williams Realty Empire
View this property on the company's website

Bay Ridge | Brooklyn

Lush front yards and trimmed hedges are pretty common in Bay Ridge.

Quick Profile

Bay Ridge is an old-world neighborhood neatly tucked into the southwest corner of Brooklyn within the shadows of the Verrazano Bridge. The neighborhood is encircled by the Belt Parkway along the shore line and the Gowanus Expressway inland.

Bay Ridge, long known for its generational pull, has historically been home to a diverse number of ethnic groups. While the area is flush with people of Irish, Italian and Greek descent, these ethnic communities have been joined by larger numbers of new groups, including people with Russian, Polish, Asian and Middle Eastern backgrounds. The Arab American community today in Bay Ridge represents the largest concentration of Arab Americans in New York City.

For many years, Bay Ridge and its waterside location, would attract the affluent. But most of the mansions that once lined Shore Road are long gone and have been replaced by six-story apartment buildings.  

Aside from the low-rise apartment buildings, the neighborhood pretty much consists of one and two-family homes. Lush front yards and trimmed hedges are pretty common here.  

Current zoning and limitations on building heights restrict any out of the norm development. At present, the future beholds small development on some of the commercial strips and teardowns of older homes for smaller residential projects.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 35977TH