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Sold for $2,330,000
  • $2,330,000

    621 48th St, Brooklyn, NY 11220

    10beds
    --sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $2,063,800 Zestimate®
    $--/sqft
    $3,119 Estimated rent

    Home value

    $2,063,800

    $1.75M - $2.39M

    $3,119/mo

    Zestimate® history
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    $3,119/mo

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    $13,842/mo

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    $13,842/mo

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    What's special

    Newly Renovated and Converted 4 Family in the Heart of Sunset Park with Private Parking! Specs: Legal 4 Family w/ Legal Garage + an additional parking space. 10 Bedrooms, 4 Baths Building: 3,623 Sq. Ft. This newly converted and completed 4 family property is located in a super convenient location in the heart of Sunset Park! This four family property features a one bedroom apartment on the first floor, and three, 3 bedroom apartments on floors 2 – 4. Each apartment features a living room and kitchen open floor plan, with top brand casement windows and split unit air conditioning systems! Additional features includes a legal one car garage + additional parking space at the front of the building, a spacious roof deck, a large backyard and patio area. There are also four sets of boiler and hot water heaters; tenant can pay their own heat/hot water charges! This super convenient location is an easy distance to public transportation (R train on 4th Ave., buses on 8th Ave, 5th Ave., and 4th Ave.), retail shopping on 8th avenue and 5th avenue retail district, great restaurants all around the area, Sunset Park, other local parks and playgrounds, and great schools in the area! This is an opportunity to purchase the best rental investment property on the market in Sunset Park, and this is also a great option for a ready made AirBNB!

    Zillow last checked:

    Listing updated:

    Listed by:

    Alan S. Ng 347-668-9809,

    RE/MAX Real Estate Professiona,

    XiaoMei(May) He 917-818-3111,

    RE/MAX Edge

    Source: BNYMLS,MLS#: 474902MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Hot Water
    Cooling
    • Central Air - Split
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Stove, Washer, Gas Water Heater
    Features
    • Flooring: Ceramic Tile, Hardwood
    • Basement: None

    Property

    Parking
    • Total spaces: 2
    • Parking features: Private Drive, 2 Spaces, Built-In Garage, Garage Door Opener
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Stories: 4
    • Patio & porch: Deck
    • Exterior features: Patio Garden
    Lot
    • Size: 1,970 sqft
    • Dimensions: 19x100
    • Features: Back Yard, Front Yard
    Details
    • Foundation area: 956
    • Parcel number: 007670073
    • Zoning: R6B
    • Special conditions: Arm's Length

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Stucco, Brick
    • Foundation: Slab
    • Roof: Flat
    Condition
    • Year built: 1920

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service

    Community & neighborhood

    Location
    • Region: Brooklyn
    • Subdivision: Brooklyn

    Price history

    DateEventPrice
    10/18/2023Sold$2,330,000-16.5%
    Source: BNYMLS #474902 Report a problem
    8/31/2023Pending sale$2,790,000
    Source: BNYMLS #474902 Report a problem
    7/27/2023Price change$2,790,000-6.7%
    Source: StreetEasy Report a problem
    6/19/2023Listed for sale$2,990,000+20.1%
    Source: StreetEasy Report a problem
    11/8/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    10/10/2022Price change$3,200-3%
    Source: Zillow Rental Network_1 Report a problem
    9/17/2022Listed for rent$3,300
    Source: Zillow Rental Network_1 Report a problem
    9/8/2022Listing removed--
    Source: StreetEasy Report a problem
    8/9/2022Price change$2,488,888-16.8%
    Source: BNYMLS #457964 Report a problem
    2/17/2022Price change$2,990,000-3.5%
    Source: BNYMLS #457964 Report a problem
    12/30/2021Price change$3,099,000-8.8%
    Source: BNYMLS #457964 Report a problem
    11/19/2021Listed for sale$3,398,000+240.1%
    Source: BNYMLS #457315 Report a problem
    3/20/2018Listing removed$999,000
    Source: Remax Edge Report a problem
    2/10/2018Listed for sale$999,000
    Source: Remax Edge Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,315 -0.5%$384,750 +3.5%
    2024$18,408 $371,700 +7.7%
    2023-- $345,150 +1.7%
    2022-- $339,300 +6.3%
    2021-- $319,050 +14.5%
    2020$13,292 +106.2%$278,550 +304%
    2019$6,447 +1.2%$68,940 +126.4%
    2018$6,371 +3.4%$30,456 +0.8%
    2017$6,159 +8.1%$30,214 +6%
    2016$5,699 $28,507 +6%
    2015$5,699 +345.2%$26,896 +6%
    2014$1,280 $25,380
    2013-- $25,380 +0.8%
    2012-- $25,179 +6%
    2011-- $23,756 +6%
    2010-- $22,414 +6%
    2009-- $21,150
    2008-- $21,150 +0.8%
    2007-- $20,983 +6%
    2006-- $19,797 +6%
    2005-- $18,679 +6%
    2004-- $17,625
    2003-- $17,625 +0.8%
    2002-- $17,486 +6%
    2001-- $16,498 +6%
    2000-- $15,566

    Find assessor info on the county website

    Neighborhood: Sunset Park

    Nearby schools

    GreatSchools rating