$1,620,000
Active
18 Days Online
0 Beds4 Baths1,190 SQFT
Active

354 48th Street Brooklyn, NY 11220

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Welcome to this newly renovated income-producing property. This legal 4-family property is great for investor or user, It boasts High income potential of $113, 400/year = $9, 450/month with lower expenses. Landlord only needs to pay cold water, insurance and property tax, which amounts only to $3, 108/year. The property has a Cap Rate of 6.35% Completely Renovated 2 years ago, this house features new electrical, plumbing, heating and a/c systems, a new roof, new pipes, both first floor and second floor renovated ... This house features two 2-bedroom apartments, two 1-bedroom apartments, each with individual AC/heat units in every room. The property is situated on a quiet tree-lined block in the heart of Sunset Park. Conveniently close to Industry City, Bay Ridge, Park Slope and shopping, cafes, and more. Just minutes away from R & N train, Bus B9 & B11.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyKings (Brooklyn)
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site18 Days
  • MLS StatusActive
  • MLS ID Number481954
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size Acres
  • Full Baths4
  • Partial BathsN/A

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General Features

  • Construction Frame
  • Building Features N O N E
  • Parking None
  • Basement Separate Entrance
  • Cross Street 48th ST
  • Property Sub Type Multi Family
  • Foundation Block
  • Zoning R6B

Interior Features

  • Heating OtherElectric
  • Flooring HardwoodTile
  • Fireplace No

Exterior Features

  • Roof Flat

Community Features

  • Building Features N O N E

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Monthly Payment (Est.)

$8,570
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