Marcus and Millichap has successfully sold 316 68th Street, a four story apartment building comprised of 20 residential apartments. The 20 units are configured as four one-bedroom apartments, 12 two-bedroom apartments and four three-bedroom apartments. There are 19 rent-stabilized units, and one rent controlled.

The subject property totals approximately 17, 800 gross square feet, measuring 50 feet wide by 89 feet deep, on a lot that extends 100 feet deep, and is zoned R5B, BR.

• Bay Ridge 20 Unit Apartment Building 68th Street
• Seller Financing Considered
• Four Three Bedroom, 12 Two Bedroom, and Four One Bedroom Units
• 50-Foot-Wide Four-Story Brick Building
• Low Tax Bill of $36,924/Year
• Rent Regulated Rent Roll of $17/SF in a Market Achieving $35/SF
• High Upside Investment in a Submarket with Strong Fundamentals