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!
Active
$3,680,000
774 48th St, Brooklyn, NY 11220
6beds
1,640sqft
Multi Family
Built in 1925
-- sqft lot
$3,492,100 Zestimate®
$2,244/sqft
$-- HOA
What's special
- 38 days |
- 210 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Remax Edge 718-666-9599,
Leo Mei
Source: StreetEasy,MLS#: S1831352
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 1,640
- Total interior livable area: 1,640 sqft
Property
Details
- Parcel number: 007770035
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1925
Community & HOA
Community
- Subdivision: Sunset Park
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $2,244/sqft
- Tax assessed value: $1,191,000
- Annual tax amount: $34,269
- Date on market: 6/2/2026
Estimated market value
$3,492,100
$3.28M - $3.67M
$3,056/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Listed for sale | $3,680,000+41.6%$2,244/sqft |
Source:  BNYMLS #501915 Report a problem | ||
| 9/29/2022 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 10/5/2021 | Price change | $2,599,000-13.3%$1,585/sqft |
Source: BNYMLS #455923 Report a problem | ||
| 9/27/2021 | Listed for sale | $2,999,000+149.9%$1,829/sqft |
Source: BNYMLS #455923 Report a problem | ||
| 6/16/2021 | Sold | $1,200,000-60%$732/sqft |
Source: Public Record Report a problem | ||
| 5/16/2021 | Pending sale | $2,999,000$1,829/sqft |
Source:  RE/MAX International #444959 Report a problem | ||
| 5/16/2021 | Listing removed | -- |
Source: RE/MAX International Report a problem | ||
| 4/5/2021 | Pending sale | $2,999,000$1,829/sqft |
Source: RE/MAX International #444959 Report a problem | ||
| 3/25/2021 | Listed for sale | $2,999,000$1,829/sqft |
Source: RE/MAX International #444959 Report a problem | ||
| 2/10/2021 | Pending sale | $2,999,000$1,829/sqft |
Source: RE/MAX Edge #444959 Report a problem | ||
| 2/10/2021 | Listed for sale | $2,999,000$1,829/sqft |
Source: RE/MAX Edge #444959 Report a problem | ||
| 12/22/2020 | Listing removed | $2,999,000$1,829/sqft |
Source: RE/MAX Edge #444959 Report a problem | ||
| 10/29/2020 | Listed for sale | $2,999,000$1,829/sqft |
Source: RE/MAX Edge #444959 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $34,269 +114.7% | $535,950 +33.1% |
| 2024 | $15,964 | $402,750 +9.1% |
| 2023 | -- | $369,000 -8% |
| 2022 | -- | $400,950 +25% |
| 2021 | -- | $320,850 -8.8% |
| 2020 | $12,251 +0% | $351,900 -4.2% |
| 2019 | $12,251 | $367,200 +303.6% |
| 2018 | -- | $90,980 +3.2% |
| 2017 | $11,208 +6.5% | $88,124 +8% |
| 2016 | $10,520 | $81,599 +8% |
| 2015 | $10,520 +54% | $75,556 |
| 2014 | $6,829 | $75,556 +8% |
| 2013 | -- | $69,985 +3.2% |
| 2012 | -- | $67,788 +8% |
| 2011 | -- | $62,769 +8% |
| 2010 | -- | $58,120 |
| 2009 | -- | $58,120 +8% |
| 2008 | -- | $53,835 +3.2% |
| 2007 | -- | $52,145 +8% |
| 2006 | -- | $48,284 +8% |
| 2005 | -- | $44,708 |
| 2004 | -- | $44,708 +8% |
| 2003 | -- | $41,412 +3.2% |
| 2002 | -- | $40,112 +8% |
| 2001 | -- | $37,142 +8% |
| 2000 | -- | $34,391 |
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
- 5/10Ps 94 The Henry LongfellowGrades: K-5Distance: 0.3 mi
- 3/10GLOBAL INNOVATORS ACADEMYGrades: 6Distance: 0.6 mi
- NAWest Brooklyn Community High SchoolGrades: 10-11Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other New York Topics
