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About the Listing 7145 - 70338,47129
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.
Interior Details
- Bedrooms: 10
- Bathrooms: 6 Full
- Appliances: Intercom
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Building Yes,Yes,Pets Allowed
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 20.00 x 115.00
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $21,584
- Taxes w/Assessments: N/A
- Tax/Property ID: 05855-0180
- Tax Year: N/A
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413 68th St New York, NY 11220
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