354 48th Street Sunset Park NY, 11220 SD# 15
$1,609,900
6 Beds / 4 Full Baths | 1 Half Bath | ML# 3556482
Property Picture

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.

    Presented by Barry Paley
    Barry Paley Licensed Real Estate Salesperson 516-503-4242 516-865-1800 Barry@BarryPaley.com