$869,900
$100K PRICE DROP

1240 E 48th St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated payment $5,418/month

Total Views 31,709
6 Beds
2 Baths
2,400 Sq Ft
$362 Price per Sq Ft

About This Home

Fully detached two-family residence offering approximately 2,400 sq. ft. of living space, located in the desirable Flatlands neighborhood. Property features a finished basement, private driveway, one-car garage, and backyard and private backyard, ideal for owner-occupants or investors. Property being sold as is with occupants. External viewing only.

Listing Agent

Ken Macbride

BHHS Fillmore R.E. Listed on: 12/18/2025

BHHS Fillmore R.E.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,476

Year Built

  • Built in 1935

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back Yard

Home Design

  • 2,400 Sq Ft Home
  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Carport

Additional Features

  • Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7751

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,476

Year Built

Built in 1935

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 2.00
  • Borough: Brooklyn
  • Building Length: 60.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Kings Highway
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Number Of Families: 2
  • Parking Attributes: 1 Space, Built-In Garage
  • Parking Feature Single: Carport
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 2400
  • Street Name I D X: 48th
  • Waterfront Present: No
  • Year Built: 1935
  • Special Features: 1028

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Other
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 75
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 8476.00

Multi Family

  • Unit Count: 2

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,580 $87,960 $9,180 $78,780
2025 $8,515 $67,200 $9,180 $58,020
2024 $8,515 $69,480 $9,180 $60,300
2023 $8,123 $72,180 $9,180 $63,000
2022 $7,532 $60,420 $9,180 $51,240
2021 $7,491 $59,160 $9,180 $49,980
2019 $7,390 $45,300 $9,180 $36,120
2018 $6,794 $33,329 $7,033 $26,296
2017 $6,410 $31,443 $7,095 $24,348
2016 $5,930 $29,664 $9,041 $20,623
2015 $3,358 $29,664 $8,856 $20,808
2014 $3,358 $29,441 $9,391 $20,050
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/01/2026 06/01/26 Price Changed $869,900 -3.3% $362 / Sq Ft
03/29/2026 03/29/26 Price Changed $899,900 -5.3% $375 / Sq Ft
01/26/2026 01/26/26 Price Changed $949,900 -2.1% $396 / Sq Ft
12/18/2025 12/18/25 For Sale $969,900 -- $404 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Foreclosure Deed $952,143 --
Foreclosure Deed $952,143 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 497940

Brooklyn Board of REALTORS®

APN: 07751-0075

New York Kings County Brooklyn 11234 Flatlands

1240 E 48th St, Brooklyn, NY

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.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Ken Macbride
Listing Agent
Ken Macbride
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BHHS Fillmore R.E.
(929) 207-7654
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