$475,000
SOLD DEC 8, 2025

1048 E 98th St Brooklyn, NY 11236

Canarsie Neighborhood
4 Beds
2 Baths
1,279 Sq Ft
1,625 Sq Ft Lot

Recently Sold

$371 Per Sq Ft

25% Below List Price

Highlights

  • Colonial Architecture
  • 4-minute walk to Canarsie-Rockaway Parkway
  • 2-minute walk to 100% Playground
  • Wood Flooring
  • Back Yard

About This Home

As of December 2025

This charming two story corner property features two 2-bedroom, 1-bathroom units, offering great potential for investors or owner-occupants. Situated on a desirable corner lot, the property boasts a spacious backyard, perfect for outdoor activities or future enhancements. Located just minutes from public transportation, shopping, and recreation, this home offers exceptional convenience. While the property is in fair condition, it is brimming with opportunity for renovation or updates to maximize its value. Whether you're looking to expand your portfolio or make this your next home, this property is a must-see. Don't miss your chance to own this fantastic home!

Last Agent to Sell the Property

Shelly Irizarry

Reony.Com Ltd Listed on: 08/15/2025

Last Buyer's Agent

Treshawa Russell Chambers

Reony.Com Ltd

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 1,625 Sq Ft Lot
  • Lot Dimensions are 65 x 25
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,279 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • 110 Volts

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Block 8185

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 28.00
  • Building Width: 19.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Rockaway Parkway
  • Handicap Access Y N U: No
  • Heat Delivery: None
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Fill Sq Ft Total: 1279
  • Building Stories: 2
  • Street Name I D X: 98th
  • Building Style: Colonial
  • Waterfront Present: No
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1625

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Other
  • Exterior: Vinyl Siding
  • Foundation Details: Other
  • Lot Number: 43
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: None

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 65
  • Lot Size Width: 25
  • Zoning: R4-1

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2025
Closed on
Dec 4, 2025
Sold by
Pmc Reo Financing Trust
Bought by
Rb 1492 Llc
Seller's Agent
Shelly Irizarry
Reony.Com Ltd
Buyer's Agent
Treshawa Russell Chambers
Reony.Com Ltd
List Price
$629,900
Sold Price
$475,000
Premium/Discount to List
-$154,900
-24.59%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3345.50%

Purchase Details

Closed on
Jan 14, 2019
Sold by
Pennymac Corp
Bought by
Pmc Reo Financing Trust

Purchase Details

Closed on
May 4, 2017
Sold by
Forman Esq Ira J
Bought by
Pennymac Corp

Purchase Details

Closed on
Apr 11, 2011
Sold by
Antoine Keron R
Bought by
Rajnar Inc

Purchase Details

Closed on
Jul 7, 2007
Sold by
Smith Marva and Smith Robert
Bought by
Antoine Keron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,500
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2003
Sold by
Smith Marva
Bought by
Smith Marva and Smith Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 1997
Sold by
Pasman Moshe
Bought by
Smith Marva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,150
Interest Rate
7.47%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 1996
Sold by
Citibank Na
Bought by
Pasman Moshe
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $478,325 --
Foreclosure Deed $10 --
Foreclosure Deed $10 --
Foreclosure Deed $10 --
Deed $540,000 --
Deed $540,000 --
Deed $540,000 --
Deed -- --
Deed -- --
Deed -- --
Deed $55,500 --
Deed $55,500 --
Deed $55,500 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $147,000 --
Deed $147,000 --
Deed $115,000 The Title Guarantee Company
Deed $115,000 The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $499,500 Purchase Money Mortgage
Previous Owner $221,600 Purchase Money Mortgage
Previous Owner $145,150 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2025 12/08/25 Sold $475,000 -8.6% $371 / Sq Ft
10/26/2025 10/26/25 Price Changed $519,900 -7.1% $406 / Sq Ft
09/23/2025 09/23/25 Price Changed $559,900 -11.1% $438 / Sq Ft
08/15/2025 08/15/25 For Sale $629,900 -- $492 / Sq Ft
08/14/2025 08/14/25 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,595 $36,480 $9,060 $27,420
2024 $5,595 $36,720 $9,060 $27,660
2023 $5,337 $39,000 $9,060 $29,940
2022 $4,967 $33,360 $9,060 $24,300
2021 $5,237 $29,220 $9,060 $20,160
2020 $2,555 $24,180 $9,060 $15,120
2019 $4,856 $24,180 $9,060 $15,120
2018 $4,464 $21,900 $9,060 $12,840
2017 $4,227 $20,736 $7,907 $12,829
2016 $4,145 $20,736 $6,719 $14,017
2015 $2,359 $20,402 $7,201 $13,201
2014 $2,359 $19,414 $8,215 $11,199
Source: Public Records

Agents Affiliated with this Home

  • Shelly Irizarry

    Seller's Agent in 2025

    Shelly Irizarry

    Reony.Com Ltd

    (844) 822-7578

    4 in this area

    52 Total Sales

    Shelly Irizarry
    Section Image

  • T

    Buyer's Agent in 2025

    Treshawa Russell Chambers

    Reony.Com Ltd

    (347) 809-0101

    1 in this area

    3 Total Sales

    Treshawa Russell Chambers
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 495059

Brooklyn Board of REALTORS®

APN: 08185-0043

New York Kings County Brooklyn 11236 Canarsie

1048 E 98th St, Brooklyn, NY

Sold

MultiFamily

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