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Prime Bay Ridge 6-Family Investment at 444 68th Street

Prime Bay Ridge 6-Family Investment at 444 68th Street
FOR SALE

$1,180,000

444 68th Street, Brooklyn, NY 11220

5,250 SF

Square Feet

$225

PPSF

6

Units

100.0K

PPU

3.97%

CAP

Property Description

Units

6 — PPU: 100.0K

NOI

$46,800

Cap Rate

3.97%

Prime Bay Ridge 6-Family Investment Opportunity. Located in the heart of Bay Ridge, this well-maintained six-family building features six units, each offering 2 bedrooms and 1 full bathroom. The property is ideally situated close to the subway, restaurants, shops, and everyday conveniences. Currently, five units are tenant-occupied, with one unit delivered vacant, providing flexibility for end-users or investors. A large basement offers ample storage space. A solid income-producing property in one of Brooklyn’s most desirable neighborhoods.


Property Details

Asset Type

MultiFamily

Year Built

1931

Zoning

R5B

Lot Size

2,500 SF

Neighborhood

Bay Ridge

Submarket

Brooklyn

ZIP

11220

Listing Type

sale

Net Operating Income (NOI)

$74,248

Debt Service Coverage Ratio (DSCR)

1.11x

Cap Rate

6.29%

Cash Flow (Annual)

$7,123

Cash-on-Cash Return

2.41%

Monthly Debt Service

$5,594

Annual Debt Service

$67,126

View on Map

Address

444 68th Street

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Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

Contact the Listing Team

PC

Polly Cheung

Real Estate Associate Broker

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PC

Polly Cheung

Real Estate Associate Broker

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