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About This Home

This 7-bedroom, 3-bathroom residential multi family at 414 48th Street in Brooklyn, NY is listed for $1,599,000 ($592 per sqft). Built in 1910, the home offers 2,700 sqft of living space on a 0.05 acres lot.

Agent 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.

Key Features

  • Built in 1910
  • 0.05 acre lot
  • 2 stories

Property Details

2 stories
3 full
1910

Amenities

HardwoodA/C

Monthly Cost Estimate

$8,552/mo

20% down · 6.5% · 30 years

Principal$1,156
Interest$6,929
Insurance$466

Estimates only. Actual payments may vary.

Location

414 48th Street

Brooklyn, NY 11220

Features & Amenities

Interior Features

RefrigeratorStove

Property Details

Flooring

HardwoodCeramic

Construction

Brick

Questions & Answers

This 7-bedroom, 3-bathroom residential multi family at 414 48th Street is listed at $1,599,000 ($592/sqft). The estimated monthly payment is $6,929 based on 20% down at 6.5% interest.

Key features include: Built in 1910, 0.05 acre lot, 2 stories. Interior Features: Refrigerator, Stove.

This property is listed by Peter Pan and can be reached at (917) 708-9966 or ppanre7@gmail.com.

PP

Peter Pan

Agent at Tiger Realty

(917) 708-9966

Listed by Tiger Realty · View on Broker Site

MLS# 501143· Source: listhub· Updated 28 days ago

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414 48th Street, Brooklyn, NY 11220

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