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354 48th Street

Sunset Park, NY 11220
  • $1,609,900
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: 3556482
UPDATED: 159 min ago
$1,609,900
  • 6
    BEDS
  • 0.04
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Information

Elementary School:
Middle School:
School District:

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.

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ellis Sotheby's International Real Estate. Data last updated: 2024-07-22T19:19:27.467.
www.hudsonvalleyrealestate.info/homes/151325552
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354 48th Street Sunset Park, NY 11220

  • Price: $1,609,900
  • Status: Active
  • On Site: 47 Days
  • Updated: 159 min ago
  • MLS #: 3556482
6
Beds
4
Baths
1
½ Baths
0.04
Acres
1910
Built
Neighborhood:
Brooklyn
County:
Brooklyn
Area:
Brooklyn
Elementary School:
Ps 1 Bergen (The)
Middle School:
Is 136 Charles O Dewey
High School:
Sunset Park High School
School District:
Brooklyn 15
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.
Exterior Features

Architectural Style Apartment Attached Garage YN No Construction Materials Other Cross Street 48th Street Lot Features Near Public Transit Parking Features Off Street Parking Total 0 Property Attached YN Yes

Interior Features

Basement Details FinishedFullSee Remarks Common Walls 2+ Common Walls Cooling Zoned Cooling YN Yes Fireplaces Total 0 Flooring Hardwood Heating Electric Hot Water Electric Stand Alone Interior Features Powder Room Number Of Kitchens 4 Number Of1 Bedrooms 2 Number Of2 Bedrooms 2 Rooms Total 24

Property Features

Building Size 17x70 Community Features Park Inclusions A/C Units Lease Considered YN No MLSArea Minor 13 New Construction YN Yes Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 0 Property Sub Type Multi Family Senior Community YN No Sewer Sewer Tax Annual Amount 3108 Tax Annual Amount1 3108 Tenant Pays All Utilities Water Source None

Listing courtesy of Meijuan Jiang of Ashford Homes 6 Inc: 929-364-1301
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ellis Sotheby's International Real Estate. Data last updated: 2024-07-22T19:19:27.467.
 
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