1647 E 48th St Brooklyn, NY 11234
Flatlands NeighborhoodEstimated payment $7,244/month
Highlights
- Main Floor Bedroom
- Heating System Uses Steam
- 4-minute walk to Power Playground
- 2 Car Garage
About This Home
Welcome to 1647 East 48th Street, a truly exceptional opportunity on the border of Flatlands and Marine Park in Brooklyn. Situated on an expansive 40x100 lot, this rare property offers incredible versatility with two separately parceled lots—providing the unique option to sell the additional parcel or create your own custom outdoor oasis or future development. From the moment you arrive, you’re greeted by a fully fenced property featuring modern siding, elegant paver walkways, a serene backyard water pond, and a private driveway leading to a spacious two-car garage. Every inch of this home reflects thoughtful design and high-end craftsmanship. Inside, the property is configured as two beautifully renovated two-bedroom, one-bath residences—perfect for end-users looking to offset their mortgage or investors seeking strong rental potential. Each unit showcases sleek hardwood flooring, spacious layouts, and contemporary finishes throughout. The first-floor unit is a standout, featuring an electric fireplace with a recessed TV included in the sale, a large eat-in kitchen with ample counter space, and a spa-like bathroom equipped with a motion-sensor toilet, fogless illuminated mirror, and premium fixtures. Additional touches like a heated Bluetooth-enabled ceiling fan elevate the everyday living experience. Perfectly positioned just off Flatbush Avenue, you’ll enjoy convenient access to a wide range of shopping, dining, and everyday essentials, including major retail stores, banking, and popular neighborhood favorites like Raising Cane’s. Nearby Marine Park offers expansive green space, golf courses, walking trails, and recreational activities, making this location ideal for both relaxation and convenience.
Listing Agent
Instahomes Realty LLC Brokerage Phone: 516-965-4996 License #10491210729 Listed on: 03/30/2026
Open House Schedule
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Saturday, April 11, 202612:00 to 2:00 pm4/11/2026 12:00:00 PM +00:004/11/2026 2:00:00 PM +00:00Add to Calendar
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Sunday, April 12, 20261:00 to 3:00 pm4/12/2026 1:00:00 PM +00:004/12/2026 3:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,851
Year Built
- Built in 1920
Lot Details
- 2,000 Sq Ft Lot
Parking
- 2 Car Garage
- Driveway
Home Design
- Duplex
- Frame Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Utilities
- Ductless Heating Or Cooling System
- Heating System Uses Steam
Additional Features
- Partially Finished Basement
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 07873-0031
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,342 | $46,500 | $8,460 | $38,040 |
| 2024 | $6,342 | $50,520 | $8,460 | $42,060 |
| 2023 | $6,034 | $46,020 | $8,460 | $37,560 |
| 2022 | $5,713 | $37,680 | $8,460 | $29,220 |
| 2021 | $6,030 | $35,580 | $8,460 | $27,120 |
| 2019 | $5,455 | $33,420 | $8,460 | $24,960 |
| 2018 | $4,987 | $25,924 | $7,369 | $18,555 |
| 2017 | $4,806 | $25,048 | $6,911 | $18,137 |
| 2016 | $4,697 | $25,048 | $6,714 | $18,334 |
| 2015 | $2,630 | $24,274 | $7,576 | $16,698 |
| 2014 | $2,630 | $22,900 | $8,440 | $14,460 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2026 03/30/26 | For Sale | $1,250,000 | -- | $839 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $570,000 | -- | |
| Deed | $570,000 | -- | |
| Bargain Sale Deed | $220,000 | -- | |
| Bargain Sale Deed | $220,000 | -- | |
| Deed In Lieu Of Foreclosure | $155,100 | -- | |
| Deed In Lieu Of Foreclosure | $155,100 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $670,000 | Purchase Money Mortgage | |
| Closed | $670,000 | Purchase Money Mortgage | |
| Previous Owner | $209,612 | FHA |
Source: OneKey® MLS
MLS Number: 978246
APN: 07873-0031
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Copyright 2026 OneKey® MLS. All rights reserved.
Based on information submitted to the MLS GRID
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