Sold for $816,000

$816,000

1240 E 48th St, Brooklyn, NY 11234

6beds

2,400sqft

Multi Family

Built in 1935

-- sqft lot

$820,600 Zestimate^®

$340/sqft

$2,895 Estimated rent

Home value

$820,600

$780,000 - $862,000

$2,895/mo

Zestimate^® history

Owner options

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$2,895/mo

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$2,895/mo

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$5,157/mo

Est. payment

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$5,157/mo

Est. payment

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What's special

Private backyardFinished basementPrivate drivewayOne-car garage

Fully detached two-family residence offering approximately 2,400 sq. ft. of living space, located in the desirable Flatlands neighborhood. Property features a finished basement, private driveway, one-car garage, and backyard and private backyard, ideal for owner-occupants or investors. Property being sold as is with occupants. External viewing only.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Other

Features

Flooring: Other
Basement: Finished

Interior area

Total structure area: 2,400
Total interior livable area: 2,400 sqft

Property

Parking

Total spaces: 1
Parking features: Carport, 1 Space, Built-In Garage
Has attached garage: Yes
Has carport: Yes

Lot

Size: 2,500 Square Feet
Dimensions: 25x100
Features: Back Yard

Details

Foundation area: 1200
Parcel number: 077510075
Zoning: R4
Special conditions: In Foreclosure

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick
Foundation: Other
Roof: Flat

Condition

Year built: 1935

Utilities & green energy

Electric: Other

Community & HOA

Community

Subdivision: Brooklyn

Location

Region: Brooklyn

Financial & listing details

Price per square foot: $340/sqft
Tax assessed value: $1,120,000
Annual tax amount: $8,476
Date on market: 12/18/2025
Cumulative days on market: 196 days

Price history

Date	Event	Price
7/20/2026	Sold	$816,000-29%$340/sqft
Source: BNYMLS #497940 Report a problem
5/31/2024	Listing removed	--
Source: BNYMLS #478404 Report a problem
11/21/2023	Listed for sale	$1,150,000+57.5%$479/sqft
Source: BNYMLS #478404 Report a problem
3/25/2020	Listing removed	--
Source: Auction.com Report a problem
3/13/2020	Listed for sale	--
Source: Auction.com Report a problem
4/21/2004	Sold	$730,000$304/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,476 -0.5%	$67,200 -3.3%
2024	$8,515	$69,480 -3.7%
2023	--	$72,180 +19.5%
2022	--	$60,420 +2.1%
2021	--	$59,160 +18.7%
2020	$7,535 +0.8%	$49,860 +10.1%
2019	$7,478 +7.3%	$45,300 +35.9%
2018	$6,972 +8.8%	$33,329 +6%
2017	$6,410 +10.5%	$31,443 +6%
2016	$5,800	$29,664
2015	$5,800 +72.7%	$29,664 +0.8%
2014	$3,358	$29,441 +6%
2013	--	$27,775 +6%
2012	--	$26,203 +6%
2011	--	$24,720 -7.5%
2010	--	$26,712 -5.3%
2009	--	$28,206 +6%
2008	--	$26,611 +5%
2007	--	$25,344
2006	--	$25,344 +1.7%
2005	--	$24,915 +6%
2004	--	$23,505 +6%
2003	--	$22,176 +5%
2002	--	$21,120
2001	--	$21,120 +1.7%
2000	--	$20,763