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
$1,268,000
354 48th St, Brooklyn, NY 11220
--beds
3,570sqft
Multi Family
Built in ----
-- sqft lot
$1,301,600 Zestimate®
$355/sqft
$3,219 Estimated rent
Home value
$1,301,600
$1.18M - $1.44M
$3,219/mo
Zestimate® history
Owner options
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$3,219/mo
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$3,219/mo
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$7,500/mo
Est. payment
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$7,500/mo
Est. payment
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Zillow last checked:
Listing updated:
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
Price history
| Date | Event | Price |
|---|---|---|
| 12/23/2024 | Sold | $1,268,000-21.2%$355/sqft |
Source:  BNYMLS #481954 Report a problem | ||
| 10/22/2024 | Contingent | $1,609,900$451/sqft |
Source: StreetEasy #S1716718 Report a problem | ||
| 7/1/2024 | Pending sale | $1,609,900$451/sqft |
Source: BNYMLS #481954 Report a problem | ||
| 6/22/2024 | Price change | $1,609,900-0.6%$451/sqft |
Source: BNYMLS #481954 Report a problem | ||
| 6/4/2024 | Price change | $1,619,9000%$454/sqft |
Source: BNYMLS #481954 Report a problem | ||
| 5/10/2024 | Listed for sale | $1,620,000-0.6%$454/sqft |
Source: BNYMLS #481954 Report a problem | ||
| 3/28/2024 | Listing removed | $1,630,000$457/sqft |
Source: StreetEasy #10391200984 Report a problem | ||
| 1/16/2024 | Price change | $1,630,000-4.1%$457/sqft |
Source: StreetEasy #10391200984 Report a problem | ||
| 11/18/2023 | Listed for sale | $1,699,000+3%$476/sqft |
Source: StreetEasy #10391200984 Report a problem | ||
| 11/16/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/10/2023 | Listed for sale | $1,650,000+3.8%$462/sqft |
Source: Owner Report a problem | ||
| 3/15/2023 | Listing removed | -- |
Source: BNYMLS #470751 Report a problem | ||
| 12/28/2022 | Listed for sale | $1,590,000+119.3%$445/sqft |
Source: BNYMLS #470751 Report a problem | ||
| 4/12/2022 | Sold | $725,000-11%$203/sqft |
Source: Public Record Report a problem | ||
| 3/31/2022 | Pending sale | $815,000$228/sqft |
Source: BNYMLS #445522 Report a problem | ||
| 1/27/2022 | Listed for sale | $815,000$228/sqft |
Source: BNYMLS #445522 Report a problem | ||
| 1/21/2021 | Pending sale | $815,000$228/sqft |
Source: Hometown Properties Report a problem | ||
| 1/20/2021 | Price change | $815,000+5.2%$228/sqft |
Source: Hometown Properties Report a problem | ||
| 9/6/2020 | Price change | $774,900-8.7%$217/sqft |
Source: Peerless Properties Corp Report a problem | ||
| 5/18/2020 | Listed for sale | $849,000$238/sqft |
Source: Peerless Properties Corp. #438003 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,245 +7.5% | $584,550 +6.6% |
| 2024 | $2,089 | $548,550 +707.6% |
| 2023 | -- | $67,920 +1% |
| 2022 | -- | $67,260 +12.4% |
| 2021 | -- | $59,820 +12.9% |
| 2020 | $2,888 +39.5% | $52,980 +14.2% |
| 2019 | $2,071 -23.2% | $46,380 +259.6% |
| 2018 | $2,698 +3.8% | $12,896 +1.2% |
| 2017 | $2,598 +45.6% | $12,746 +5.9% |
| 2016 | $1,784 | $12,031 +5.8% |
| 2015 | $1,784 +76.4% | $11,370 +5.8% |
| 2014 | $1,012 | $10,747 |
| 2013 | -- | $10,747 +1.2% |
| 2012 | -- | $10,622 +5.9% |
| 2011 | -- | $10,026 +5.8% |
| 2010 | -- | $9,475 +5.8% |
| 2009 | -- | $8,956 |
| 2008 | -- | $8,956 +1.2% |
| 2007 | -- | $8,852 +5.9% |
| 2006 | -- | $8,355 +5.8% |
| 2005 | -- | $7,896 +5.8% |
| 2004 | -- | $7,464 |
| 2003 | -- | $7,464 +1.2% |
| 2002 | -- | $7,377 +5.9% |
| 2001 | -- | $6,963 +5.8% |
| 2000 | -- | $6,580 |
Find assessor info on the county website
Neighborhood: Sunset Park
Nearby schools
GreatSchools rating
- 4/10Ps 1 The BergenGrades: PK-5Distance: 0.1 mi
- 3/10GLOBAL INNOVATORS ACADEMYGrades: 6Distance: 0.3 mi
- 5/10Sunset Park High SchoolGrades: 9-12Distance: 0.7 mi
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Nearby neighborhoods
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