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  • $1,599,000

    414 48th St, Brooklyn, NY 11220

    7beds
    2,700sqft
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    Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $592/sqft
    $-- HOA

    What's special

    Full semi-finished basementThree full residential units
    Welcome to 414 48th Street, a well-maintained semi-detached 3-family brick property located in the heart of Sunset Park, one of Brooklyn’s most vibrant and high-demand neighborhoods. Situated between 4th and 5th Avenue, this property offers exceptional accessibility and convenience, just minutes from the N, R, and D subway lines, major bus routes, and close proximity to Industry City, a rapidly growing hub for retail, dining, and creative workspaces. The area is known for strong rental demand, diverse amenities, and continued long-term growth. The property features approximately 2,700 square feet of interior space on a 20 x 100 lot, with three full residential units configured as two 2-bedroom units and one 3-bedroom unit. All units are currently occupied on a month-to-month basis, providing flexibility for both investors and end-users. The current rent roll reflects stable income, with potential for repositioning or adjustments over time depending on the buyer’s strategy. The building is constructed of solid brick with a full semi-finished basement, offering additional usable space. Heating is gas with steam radiators, and the property includes standard mechanical systems with separate living areas. Annual property taxes remain relatively low at approximately $5,246, contributing to overall operating efficiency. This offering presents a unique opportunity for buyers seeking a stable income-producing asset in a prime Brooklyn location, with the added benefit of flexible tenancy. Ideal for investors looking for long-term hold in a high-demand rental corridor, or for end-users seeking to occupy while maintaining supplemental income.
    61 days
    |
    511
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tiger Realty 347-575-1849,

    Peter Pan

    Source: StreetEasy,MLS#: S1826789

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 3
      • Full bathrooms: 3
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 2,700
      • Total interior livable area: 2,700 sqft

      Property

      Details
      • Parcel number: 007740012
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1910

      Community & HOA

      Community
      • Subdivision: Sunset Park
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $592/sqft
      • Tax assessed value: $947,000
      • Annual tax amount: $5,332
      • Date on market: 5/6/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,889/mo

        Price history

        DateEventPrice
        5/6/2026Listed for sale$1,599,000-8.6%$592/sqft
        Source: BNYMLS #501143 Report a problem
        5/4/2026Listing removed$1,749,000$648/sqft
        Source: StreetEasy #S1810850 Report a problem
        4/6/2026Price change$1,749,000-2.8%$648/sqft
        Source: BNYMLS #498955 Report a problem
        3/1/2026Price change$1,799,000-5.3%$666/sqft
        Source: BNYMLS #498955 Report a problem
        2/12/2026Listed for sale$1,899,000-15.6%$703/sqft
        Source: BNYMLS #498955 Report a problem
        2/7/2026Listing removed--
        Source: Owner Report a problem
        1/26/2026Listed for sale$2,250,000+542.9%$833/sqft
        Source: Owner Report a problem
        7/28/2014Sold$350,000$130/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,332 +4.7%$56,820 -15%
        2024$5,095 $66,840 -18.5%
        2023-- $82,020 +10.2%
        2022-- $74,400 +25.3%
        2021-- $59,400 -15%
        2020$4,740 +5.9%$69,900 +2.1%
        2019$4,475 +1.2%$68,460 +223.9%
        2018$4,422 +3.7%$21,139 +1%
        2017$4,266 +8%$20,928 +5.9%
        2016$3,951 $19,764 +5.9%
        2015$3,951 +65.9%$18,662 +5.9%
        2014$2,381 $17,616
        2013-- $17,616 +1%
        2012-- $17,440 +5.9%
        2011-- $16,470 +5.9%
        2010-- $15,552 +5.9%
        2009-- $14,680
        2008-- $14,680 +1%
        2007-- $14,534 +5.9%
        2006-- $13,725 +5.9%
        2005-- $12,960 +5.9%
        2004-- $12,234
        2003-- $12,234 +1%
        2002-- $12,112 +5.9%
        2001-- $11,438 +5.9%
        2000-- $10,800

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Sunset Park

        Getting around

        92 / 100
        Walker's Paradise
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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