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$ 1,299,900
Est. payment /mo
Active
441 68th ST Brooklyn, NY 11220
6 Baths
5,175 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,175 sqft
Price per Sqft $251
MLS Listing ID 502801
Full Baths 6
Year Built 1918
Annual Tax Amount $23,736
Property Sub-Type Multi-Family
Property Description
Exceptional opportunity to acquire a well-maintained solid brick 6-family building in the heart of Bay Ridge, one of Brooklyn's most desirable and consistently high-performing rental neighborhoods. The property features six spacious 2-bedroom apartments, including one beautifully renovated unit that has never been occupied since completion. will delivered Two apartments vacant at closing, providing exceptional flexibility for an owner-occupant, immediate leasing at current market rents, or value-add repositioning to maximize income potential. Ideally located just minutes from the R subway line and perfectly positioned between 3rd Avenue, 4th Avenue, and 5th Avenue, the property offers convenient access to Bay Ridge's vibrant restaurants, cafés, shopping, supermarkets, schools, parks, and everyday amenities. This highly desirable location continues to attract strong tenant demand and supports long-term investment value. Additional features include a large unfinished basement with high ceilings and a separate entrance, ideal for storage or utility use (subject to applicable regulations). Recent capital improvements include a newer roof, gas-fired heating system, and water heater, reducing future maintenance costs. A rare opportunity for investors or 1031 Exchange buyers seeking stable cash flow, immediate upside through two vacant units, and long-term appreciation in one of Brooklyn's strongest multifamily rental markets.
Location
State NY
County Kings (brooklyn)
Area Bay Ridge
Zoning R5B
Rooms
Basement Full, Separate Entrance
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood, Tile
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available NONE
Roof Type Flat
Handicap Access Unknown
Building
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by E House Realty & Mgt. Inc.