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.
Sold for $1,268,000 on 12/23/24
$1,268,000
354 48th St, Brooklyn, NY 11220
--beds
3,570sqft
Multi Family
Built in ----
-- sqft lot
$1,273,200 Zestimate®
$355/sqft
$3,960 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 24, 2024 at 04:27am
Listed by:
MeiJuan (Mandy) Jiang 646-706-1481,
Ashford Homes LLC
Source: BNYMLS,MLS#: 481954

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Other
Cooling
- A/C Unit
Appliances
- Included: Refrigerator, Stove, Electric Water Heater
Features
- Flooring: Hardwood, Tile
- Basement: Finished,Full,Separate Entrance
Interior area
- Total structure area: 3,570
- Total interior livable area: 3,570 sqft
Property
Parking
- Parking features: Street, None
- Has uncovered spaces: Yes
Lot
- Size: 1,600 sqft
- Dimensions: 16x100
- Features: Back Yard, Front Yard
Details
- Foundation area: 1190
- Parcel number: 007730030
- Zoning: R6B
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Stucco, Wood Frame, Steel
- Foundation: Block
- Roof: Flat
Utilities & green energy
- Electric: 220 Volts, Circuit Breakers
Community & neighborhood
Location
- Region: Brooklyn
- Subdivision: Brooklyn