$945,000 - 426 68th Street, Bay Ridge, NY 11220｜ID # RLS20057786
| ID # | RLS20057786 |
| Details | 10 bed, 6 bath, Interior: 5100 ft2, 474m2, 6 Units in the building, Building has 3 floors (DOM): 101 days |
| Construction Year | 1931 |
| Taxes (per year) | $25,176 |
| Bus | 1 min: B64, B70, B9 |
| 2 min: B63 | |
| 5 min: X27, X37 | |
| 6 min: B4 | |
| Subway | 1 min: R |
| 10 min: N | |
| LIRR | 4.2 miles: "Atlantic Terminal" |
| 4.9 miles: "Nostrand Avenue" | |
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This six-unit rent-stabilized building sits just steps from the R train in the heart of Bay Ridge. Each apartment has two spacious bedrooms. Two to three apartments will be delivered vacant, offering immediate flexibility for an investor or owner-user. The current rent roll remains below DHCR guidelines, generating a net operating income of approximately $47,880.
Priced to sell, this property offers a rare combination of stability, steady cash flow, and meaningful upside for an investor seeking a low-risk, low-turnover asset in one of Brooklyn’s most established neighborhoods.
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