414 48th Street, Brooklyn, NY 11220
Kings County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1910
Stories
2
Living Area
2,700 sq ft
Lot Size
0.05 acres
Lot Dimensions
100 x 20
Zoning
R6B
Days on Market
13
MLS® Listing#
501143
Property Features
Appliances
Heating
Flooring
Basement
Parking
Construction
Roof
Financial Details
Annual Taxes
$5,246
Affordability Calculator
$319,800
Estimated monthly payment
$8,511/mo
Principal $1,279,200 · Est. interest $1,784,598 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Brooklyn, NY
- $990,777
- Median Listing Price
- 82
- Median Days on Market
- 1,640
- Median Sq Ft
- $567
- Median Price / Sq Ft
- 2,908
- Active Listings
- This home’s price is 61% above the area median.
- Its price per sq ft is 4% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Brooklyn, NY.
Location
Points of Interest in Brooklyn, NY
Showing the Brooklyn area map.
Nearby Schools
Sunset Park Children's School
School · 0.1 mi away
P. S. 1 the Bergen
Elementary · 0.1 mi away
Early Childhood Center
School · 0.1 mi away
Sunset Park Avenues Elementary School
Elementary · 0.2 mi away
Brooklyn Rise Charter School
School · 0.3 mi away
PS 94 the Henry Longfellow School
Elementary · 0.3 mi away
Al Madrasa al Islamiya
Secondary · 0.3 mi away
Leep Dual Language Academy
School · 0.3 mi away
Salam School
Secondary · 0.3 mi away
I.S. 136
Secondary · 0.4 mi away
Sunset Park Prep
Secondary · 0.4 mi away
PS 896 Brooklyn
Elementary · 0.5 mi away
PS 169 Sunset Park
Elementary · 0.5 mi away
PS 24
Elementary · 0.5 mi away
PS 503 Art Works
Elementary · 0.6 mi away
PS 371 Lillian L Rashkis
Secondary · 0.6 mi away
P. S 506: the School of Journalism & Technology
Elementary · 0.6 mi away
Sunset School of Cultural Learning
Elementary · 0.6 mi away
MS 936 Arts Off 3rd
Secondary · 0.6 mi away
District 20 Pre- K Center
Elementary · 0.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 9417 Avenue B, Brooklyn, NY | $1,125,000 | 6 | 4 | 1,848 |
| 1472 Blake Avenue, Brooklyn, NY | $1,125,000 | 6 | — | 2,950 |
| 1472 Blake Avenue, Brooklyn, NY | $1,125,000 | 6 | 6 | 2,900 |
| 1474 Blake Avenue, Brooklyn, NY | $1,125,000 | 6 | 5 | 2,800 |
| 699 Bradford Street, Brooklyn, NY | $1,149,000 | 7 | — | 2,480 |
| 699 Bradford Street, Brooklyn, NY | $1,149,000 | 7 | — | 2,480 |
Moving Cost Estimate
EXIT Agents in Brooklyn
Listing Courtesy: Tiger Realty - 9177089966
Fair Housing NoticeLast Updated: 2026-05-04