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About This Home

This 0-bedroom, 0-bathroom single family at 774 48th Street in Brooklyn, NY is listed for $3,680,000 ($2,244 per sqft). the home offers 1,640 sqft of living space on a 0.05 acres lot.

Agent Description

Fully renovated mixed-use building with strong cash flow and minimal owner expenses! Ground floor & basement leased to a large restaurant with multiple private dining rooms. Restaurant rent: $15,000/month Tenant pays all water bills and 50% of property taxes.

Two residential apartments on the 2nd floor, each renting for $3,000/month, Approximately $250,000 annual rental income 3% annual rent increases built into the lease Owner only pays 50% of property taxes and insurance A rare investment opportunity offering stable income, low management, and long-term growth potential. Don't miss this exceptional Brooklyn investment property!

Key Features

  • 0.05 acre lot

Amenities

Hardwood

Monthly Cost Estimate

$19,681/mo

20% down · 6.5% · 30 years

Principal$2,661
Interest$15,947
Insurance$1,073

Estimates only. Actual payments may vary.

Location

774 48th Street

Brooklyn, NY 11220

Property Details

Flooring

CeramicHardwood

Construction

Brick

Questions & Answers

This 0-bedroom, 0-bathroom single family at 774 48th Street is listed at $3,680,000 ($2,244/sqft). The estimated monthly payment is $15,947 based on 20% down at 6.5% interest.

Key features include: 0.05 acre lot.

This property is listed by Qikang Mei and can be reached at (718) 612-3088 or leomei2222@gmail.com.

QM

Qikang Mei

Agent at RE/MAX Edge

(718) 612-3088

Listed by RE/MAX Edge

MLS# 501915· Source: listhub· Updated 1 days ago

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774 48th Street, Brooklyn, NY 11220

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