354 48th Street

Sunset Park, NY 11220
$1,609,900
6 beds | 4.5 baths | 0.04 acres | #3556482

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.

  • Interior Details
    • Interior Features
      • Interior:Powder Room
    • Heating & Cooling
      • Cooling:Zoned
      • Heating:Electric
    • Beds & Baths
      • Bedrooms:6
      • Bathrooms:4.5
      • Full Baths:4
      • Half Baths:1
  • Property Details
    • Property
      • Lot description:Near Public Transit
    • Measurements
      • Acres:0.04
    • Parking
      • Parking features:Off Street
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Basement:1
    • Condition
      • Year built:1910
  • Utilities / Energy Details
    • Utility
      • Sewer information:Sewer
  • Community and Neighborhood Details
    • Community
      • Community features:Park
    • Location
      • School district:Brooklyn 15
      • Elementary School:Ps 1 Bergen (The)
      • Middle School:Is 136 Charles O Dewey
      • High School:Sunset Park High School
      • County:Brooklyn
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 619, 900
      • Taxes annual:$3, 108
  • Other
    • Source
      • MLS #:3556482

Location

Keller Williams LandmarkAsk Vinny Thompson team
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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