Buy with Yoreevo
$1,609,400
List Price: $1,609,900
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354 48th Street
House in Sunset Park •  building info
6bd • 4.5ba • 1,603ft² $1,004 per ft²
Buy with Yoreevo

$1,609,400

List Price

$1,609,900

Key Details
Days on market
87
Last price change
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Estimated payment
$9,657
Taxes
Monthly maintenance
N/A
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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Listing Amenities
Hardwood floors
Building Amenities
Fios Available
Building info

History
What it'll cost
Purchase price
$1,609,000
Asking Price: $1,609,900
Term
30 Years
Down Payment
$160,000 (10%)
Min: 10% (160,000)
Rate
6.75 %
Mortgage Amount
$1,448,910
Mortgage Payment
$9,398
Taxes
$259
Estimated Yoreevo rebate
$500
Estimated closing cost
$57,000
Total monthly cost $9,657
Buy your dream home with us and get an estimated $500 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Ashford Homes 6 Inc

Information ©2024, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.