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354 48th Street Brooklyn, NY 11220
$1,609,900
  • For Sale
  • 6 Bedrooms
  • 4 Full Baths
  • 1 Half Bath
  • Year Built 1910
  • Misc
  • ML# 3556482

Property Details

Overview

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.

Key Facts

  • Lot Sq Ft: 1603
  • New Construction: Yes
  • Taxes: $3,108
  • School District#: 15
  • Block: 773
  • Lot: 30

Additional Features

  • Construction Materials: Other
  • Parking Facilities: Off Street
  • Wood Floors: Yes

Rooms & Floor Plans

  • Bedroom: 6
  • Full Bath: 4
  • Half Bath: 1
  • Other: 13

Interior & Utilities

  • Heat: Electric
  • A/C: Zoned
  • Water: None

Financial

  • Taxes: $3,108
Listing Information provided courtesy of Ashford Homes 6 Inc  718-799-0025
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