Seller's Agent in 2024
Mandy (Meijuan) Jiang
E House Realty & Mgt. Inc.
(646) 706-1481
12 in this area
29 Total Sales
354 48th St Brooklyn, NY 11220
Sunset Park Neighborhood
--
Bed
4
Baths
3,570
Sq Ft
1,600
Sq Ft Lot
Highlights
- Wood Flooring
- 4-minute walk to 45 Street
- 2-minute walk to Pena Herrera Playground
- Multiple cooling system units
- Back and Front Yard
About This Home
As of December 2024Welcome 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.
Last Agent to Sell the Property
E House Realty & Mgt. Inc. Listed on: 05/10/2024
Property Details
Home Type
- Multi-Family
Lot Details
- 1,600 Sq Ft Lot
- Lot Dimensions are 100 x 16
- Back and Front Yard
Parking
- On-Street Parking
Home Design
- 3,570 Sq Ft Home
- Flat Roof Shape
- Block Foundation
- Wood Frame Construction
- Stucco Exterior
Flooring
- Wood
- Tile
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Multiple cooling system units
- 220 Volts
- Electric Water Heater
Additional Features
- Stove
- 4 Full Bathrooms
Community Details
- 4 Units
Listing and Financial Details
- Tax Block 773
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2024
Closed on
Dec 23, 2024
Sold by
Bought by
Seller's Agent
Mandy (Meijuan) Jiang
E House Realty & Mgt. Inc.
Buyer's Agent
Mandy (Meijuan) Jiang
E House Realty & Mgt. Inc.
List Price
$1,620,000
Sold Price
$1,268,000
Premium/Discount to List
-$352,000
-21.73%
Views
41
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
0.0669%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 4, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
0.0376%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,263,000 | -- | ||
| $725,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $650,000 | ||
| Previous Owner | $110,000 | ||
| Previous Owner | $160,000 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $550,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/23/2024 12/23/24 | Sold | $1,268,000 | -21.2% | $355 / Sq Ft |
| 06/21/2024 06/21/24 | Price Changed | $1,609,900 | -0.6% | $451 / Sq Ft |
| 06/04/2024 06/04/24 | Price Changed | $1,619,900 | 0.0% | $454 / Sq Ft |
| 05/10/2024 05/10/24 | For Sale | $1,620,000 | -- | $454 / Sq Ft |
| 05/09/2024 05/09/24 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $2,256 | $467,550 | $88,200 | $379,350 |
| 2025 | $2,089 | $584,550 | $88,200 | $496,350 |
| 2024 | $2,089 | $548,550 | $88,200 | $460,350 |
| 2023 | $3,143 | $67,920 | $11,760 | $56,160 |
| 2022 | $3,053 | $67,260 | $11,760 | $55,500 |
| 2021 | $3,038 | $59,820 | $11,760 | $48,060 |
| 2019 | $2,039 | $46,380 | $11,760 | $34,620 |
| 2018 | $1,970 | $12,896 | $4,733 | $8,163 |
| 2017 | $1,952 | $12,746 | $3,774 | $8,972 |
| 2016 | $1,784 | $12,031 | $3,937 | $8,094 |
| 2015 | $1,012 | $11,370 | $4,003 | $7,367 |
| 2014 | $1,012 | $10,747 | $4,538 | $6,209 |
Source: Public Records
Agents Affiliated with this Home
-
Mandy (Meijuan) Jiang
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 481954
APN: 00773-0030
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