Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
413 68th Street
Interested in this property?
Active For Sale Multi Family

$1,150,000

$213 per sq ft

413 68th Street

Bay Ridge, Brooklyn

MLS® #RLS11030435

RLS at REBNY

Listing by Keller Williams Realty Empire

10

Bedrooms

6

Baths

5,400

Sq. Ft.

1915

Year Built

Quick Summary

Bedrooms 10
Bathrooms 6
Living Area 5,400 sq ft
Lot Size 2,300 sq ft
Year Built 1915
Ownership None
Property Taxes $21,584/yr
Neighborhood Bay Ridge

Property Highlights

  • Style: Prewar,WalkUp architecture
  • Character: Pre-war building (1915)

Property Details

Type Multi Family
Ownership None
Total Rooms 23
Baths 6 Full
Pets Yes
Cross Street 4th Avenue/5th Avenue
Year Built 1915
Living Area 5,400 sq ft
Architectural Style Prewar,WalkUp
Structure Type MultiFamily
Lot Size 2,300 sq ft
Parcel # 05855-0180
Block/Lot 5855/0180

Listing History

Event Date Price Change
Listed Sep 14, 2023 $1,350,000 -
Price Reduced Apr 3, 2026 $1,260,000 -6.7%
Currently May 4, 2026 $1,150,000 -8.7%

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). 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.

Features & Amenities

Interior Features

See Remarks

Building Information

Building Data View Compliance & Permits
Stories 3
Structure MultiFamily
Style Prewar,WalkUp

Financial Details

RE Taxes $21,584/yr ($1,799/mo)
Original Price $1,350,000
Previous Price $1,260,000

Bay Ridge is a historic neighborhood in Southwest Brooklyn with views of the Verrazzano-Narrows Bridge and New York Harbor. Commercial corridors along 3rd and 5th Avenues run through the area, and the housing stock includes historic row houses, pre-war cooperatives, and modern condominiums, with Shore Road Park and the waterfront promenade to the west.

Bay Ridge Live Market Data

View Neighborhood

Active Listings

35

Median Asking Price

$1.30M

Median $/Sqft

$735

Avg Days on Market

N/A

New This Week

2

Price Reduced

31%

Sold (30 Days)

2

Median Sale Price

$509K

Live data from RLS at REBNY • Updated 5/3/26, 10:28 PM EST

Recently Sold in Bay Ridge

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Location

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413 68th Street, Bay Ridge, Kings County • Near 4th Avenue/5th Avenue

Building Information

Official NYC property records for this building

1915
Year Built
111 years old
3
Floors
6
Residential Units
R5B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $629,550
Land Value: $8,100
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,293 SF
Building Area: 5,400 SF
Built FAR: 2.35
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $21,584, or roughly $1,799 per month. Verify the current assessment with your attorney before closing.

This property has 10 bedrooms and 6 full bathrooms.

The listed interior living area is 5,400 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1915, making it approximately 111 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,150,000 for 5,400 sq ft, the asking price per square foot is approximately $213. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS11030435
First Listed: 1/23/2025
On Market: 9/14/2023
Price Changed: 4/3/2026
Contract Date: 9/14/2023

Listing Courtesy of Keller Williams Realty Empire - Jean Marrone

Listing Contact: (718) 938-9568

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 2:28 AM UTC

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