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