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  • 419 68 Street
  • $ 1,349,000
419 68 Street Bay Ridge Brooklyn NY 11220
419 68 Street Bay Ridge Brooklyn NY 11220
419 68 Street Bay Ridge Brooklyn NY 11220
419 68 Street Bay Ridge Brooklyn NY 11220
419 68 Street Bay Ridge Brooklyn NY 11220
419 68 Street Bay Ridge Brooklyn NY 11220
419 68 Street Bay Ridge Brooklyn NY 11220

419 68 Street

Bay Ridge   |   4th Avenue & 5th Avenue

Building For Sale
$ 1,349,000
Ownership Multi-Family
Lot Size 25'x115'
Status Active
Real Estate Taxes [Per Annum] $ 17,295
Building Size 25'x70'
ASF/ASM 5,250/488
 

Photos

419 68 Street Bay Ridge Brooklyn NY 11220
419 68 Street Bay Ridge Brooklyn NY 11220
419 68 Street Bay Ridge Brooklyn NY 11220
419 68 Street Bay Ridge Brooklyn NY 11220
419 68 Street Bay Ridge Brooklyn NY 11220

Maria Castellano

License

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
419 68 Street Bay Ridge Brooklyn NY 11220

Property Description

This is a great multi family investment opportunity with lots of potential. This building is large, 5,250 sqft and the lot is 2,867 square feet. The subway and the B9 bus are located a half a block away while the B64 is approximately 2 blocks away from subject property. There is also plenty of shopping in a short distance on 3rd, 4th, and 5th Avenues. This investment has an annual rent roll of $92,172 (considering a proposed rent of $2,000/month for apartment 2F) and it pays out expenses totaling $34,746 per year, making the Net Operating Income $57,426 per year. Apartment 2F was owner occupied and is currently vacant. You may consult with your Landlord/Tenant Lawyer for more details on this subject. Also has a backyard that is approximately 1,000 square feet and has a large basement that can be rented out for storage. It could also be turned into a coin operated laundry area for tenant use. Present all offers!!
This is a great multi family investment opportunity with lots of potential. This building is large, 5,250 sqft and the lot is 2,867 square feet. The subway and the B9 bus are located a half a block away while the B64 is approximately 2 blocks away from subject property. There is also plenty of shopping in a short distance on 3rd, 4th, and 5th Avenues. This investment has an annual rent roll of $92,172 (considering a proposed rent of $2,000/month for apartment 2F) and it pays out expenses totaling $34,746 per year, making the Net Operating Income $57,426 per year. Apartment 2F was owner occupied and is currently vacant. You may consult with your Landlord/Tenant Lawyer for more details on this subject. Also has a backyard that is approximately 1,000 square feet and has a large basement that can be rented out for storage. It could also be turned into a coin operated laundry area for tenant use. Present all offers!!

Listing Courtesy of Ben Bay Realty Co of Bay Ridge

Maria Castellano

License

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

Apartment Features

Exposed Bricks
Hardwood Floors
419 68 Street Bay Ridge Brooklyn NY 11220
419 68 Street Bay Ridge Brooklyn NY 11220

Building Details [419 68 Street]

Ownership Multi-Family
Block/Lot 5855/79
Building Size 25'x70'
Floors 3
Lot Size 25'x115'

Mortgage Calculator in [US Dollars]

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Loan Amount

Maria Castellano

License

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
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.
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5910 Avenue N, Brooklyn, NY 11234 | 718-968-4444
7505 13th Avenue, Brooklyn, NY 11228 | 718-236-1800
mcastellano@b4uhomes.com
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Built With OLR
7505 13th Avenue, Brooklyn, NY 11228
T:   718-236-1800   |   Email:   mcastellano@b4uhomes.com