354 48th ST Active Save Request In-Person Tour Request Virtual Tour
Sunset Park,NY 11220
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3556482
Style Apartment
Bedrooms 6
Full Baths 4
Half Baths 1
Originating Board onekey
Rental Info No
Year Built 1910
Annual Tax Amount $3,108
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 16x100.17
Property Description
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.
Location
State NY
County Brooklyn
Rooms
Basement Finished,Full,See Remarks
Kitchen 4
Interior
Interior Features Powder Room
Heating Electric
Cooling Zoned
Flooring Hardwood
Fireplace No
Exterior
Garage Off Street
Parking Type Off Street
Garage false
Building
Lot Description Near Public Transit
Sewer Sewer
Water None
Structure Type Other
New Construction Yes
Schools
Elementary Schools Ps 1 Bergen (The)
Middle Schools Is 136 Charles O Dewey
High Schools Sunset Park High School
School District Brooklyn 15
Others
Senior Community No
Special Listing Condition None