413 68th Street, Brooklyn, NY 11220 - Photo 1

1/1

$1,260,000

For Sale
Active
Commercial

1/1

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.

Full Property Details

Full Property Details for 413 68th St

General

Price: $1,260,000
Taxes: $21,584
Status: Active
Type: Commercial
Source: Long_Island
MLS ID: 815588
Updated: 7/24/2025
Added to Site: 359 day(s) ago

Location

County: Kings (Brooklyn)

School Information

High School District: Brooklyn 20
Elementary School: Ps 102 Bayview (The)
Middle School: Jhs 259 William Mckinley
High School: Fort Hamilton High School

Heating & Cooling

Cooling Type: None
Heating Type: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Structural Information

Detached/Attached: Attached
Construction: Brick
Basement: Yes
Basement Desc.: Unfinished, Walk-Out Access
Building Size: 5400
Square Feet: 5,400
Year Built: 1915

Lot Features

Lot Size (Acres): 0.0526
Lot Size (Sq. Ft.): 2,293
Zoning: R5B

Financial Considerations

Tax Amount: $21,584

Disclosures and Reports

Special Conditions: None
Property ID: 05855-0180

Listed by Keller Williams Realty Empire

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Schools

Schools serving 413 68th St

School District:New York City Geographic School District 20

Name	Grades	Distance
Is 30 Mary White Ovington 7002 4th Avenue, Brooklyn, NY 11209	6-8	0.1 mi
Ralph A Fabrizio School 619 72nd Street, Brooklyn, NY 11209	K-4	0.4 mi
Fort Hamilton High School 8301 Shore Road, Brooklyn, NY 11209	9-12	1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 413 68th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

5/06/2025

Price Reduced

$1,260,000

-6.67%

MLS

1/23/2025

Listed

$1,350,000

426.83%

MLS

9/27/1996

Sold

$256,250

—

Public Record

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 413 68th St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$24,520

3%

$196,158

-55%

2024

$23,755

8%

$437,400

6%

2023

$21,998

10%

$413,550

-15%

2022

$19,991

8%

$485,100

11%

2021

$18,510

-2%

$436,950

-5%

2020

$18,821

3%

$459,450

—

2019

$18,230

14%

$459,450

239%

2017

$15,944

—

$135,349

8%

2017

$15,944

7%

$125,355

8%

2016

$14,964

—

$116,071

—

2015

$14,953

3%

$116,070

3%

2015

$14,453

12%

$112,430

8%

2013

$12,953

—

$104,115

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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413 68th Street, Brooklyn, NY 11220 (MLS# 815588) is a Commercial property. 413 68th Street is currently listed for $1,260,000 and was received on January 23, 2025. Want to learn more about 413 68th Street? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

413 68th St Brooklyn, NY 11220