NOT LISTED FOR SALE

1221 48th St Unit 2 Brooklyn, NY 11219

Borough Park Neighborhood

Estimated Value: $1,015,000 - $1,192,000

-- Bed
-- Bath
1,291 Sq Ft
$873/Sq Ft Est. Value

About This Home

This home is located at 1221 48th St Unit 2, Brooklyn, NY 11219 and is currently estimated at $1,126,443, approximately $872 per square foot. 1221 48th St Unit 2 is a home located in Kings County with nearby schools including P.S. 131 Brooklyn, I.S. 223 The Montauk, and Franklin Delano Roosevelt High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2025
Sold by
1221-48 Tarnigrud Llc
Bought by
1221 Gbl Llc
Current Estimated Value
$1,126,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$900,000
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$98,322

Purchase Details

Closed on
Dec 24, 2024
Sold by
1221 48 Llc
Bought by
1221-48 Tarnigrud Llc

Purchase Details

Closed on
Jun 15, 2023
Sold by
2400 Apartments Llc
Bought by
1221 48 Llc

Purchase Details

Closed on
Nov 2, 2009
Sold by
Congregation Of Nyiregyhaz Paks Racfert
Bought by
2400 Apartments Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 Buyer Sale Price Title Company
1221 Gbl Llc $1,200,000 --
1221-48 Tarnigrud Llc -- --
1221 48 Llc -- --
1221 48 Llc -- --
2400 Apartments Llc $525,000 --
2400 Apartments Llc $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1221 Gbl Llc $900,000
Source: Public Records

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
2024 $4,617 $41,869 $7,848 $34,021
2023 $3,731 $44,040 $7,848 $36,192
2022 $2,845 $40,600 $7,848 $32,752
2021 $2,152 $36,062 $7,848 $28,214
2020 $724 $28,847 $7,848 $20,999
2019 $757 $28,847 $7,848 $20,999
2018 $737 $18,385 $6,087 $12,298
2017 $737 $17,785 $6,354 $11,431
2016 $723 $16,779 $6,672 $10,107
2015 $494 $16,779 $6,874 $9,905
2014 $494 $15,963 $7,848 $8,115
Source: Public Records

Map

New York Kings County Brooklyn 11219 Borough Park

1221 48th St Unit 2, Brooklyn, NY

This home is located at 1221 48th St Unit 2, Brooklyn, NY 11219 and is currently estimated at $1,126,443, approximately $872 per square foot. 1221 48th St Unit 2 is a home located in Kings County with nearby schools including P.S. 131 Brooklyn, I.S. 223 The Montauk, and Franklin Delano Roosevelt High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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