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.
Active
$1,599,000
414 48th St, Brooklyn, NY 11220
7beds
2,700sqft
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$592/sqft
$-- HOA
What's special
Full semi-finished basementThree full residential units
- 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
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listed for sale | $1,599,000-8.6%$592/sqft |
Source: | ||
| 5/4/2026 | Listing removed | $1,749,000$648/sqft |
Source: StreetEasy #S1810850 Report a problem | ||
| 4/6/2026 | Price change | $1,749,000-2.8%$648/sqft |
Source: | ||
| 3/1/2026 | Price change | $1,799,000-5.3%$666/sqft |
Source: | ||
| 2/12/2026 | Listed for sale | $1,899,000-15.6%$703/sqft |
Source: | ||
| 2/7/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/26/2026 | Listed for sale | $2,250,000+542.9%$833/sqft |
Source: Owner Report a problem | ||
| 7/28/2014 | Sold | $350,000$130/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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
A local agent can set up tours, give advice and negotiate with sellers.



