1647 E 48th St Brooklyn, NY 11234
Flatlands NeighborhoodEstimated payment $5,713/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 standout opportunity on the border of Flatlands and Marine Park in Brooklyn. This beautifully renovated two-family home sits on a 20x100 lot and is being offered as a package deal with an additional 20x100 subdivided parcel for an additional $300,000—creating a rare chance for end-users, investors, or developers to secure both a move-in-ready property and future upside in one purchase. The home itself has been thoughtfully upgraded with high-end finishes and modern design throughout. The exterior features sleek contemporary siding, a fully fenced perimeter, elegant paver walkways, a tranquil backyard pond, and a private driveway leading to a spacious two-car garage. Inside, the property is configured as two fully renovated two-bedroom, one-bath apartments, offering excellent income potential or the ideal setup for owner-occupancy with rental support. Each unit showcases hardwood flooring, generous layouts, and stylish finishes. The first-floor unit features an electric fireplace with a recessed TV included in the sale, a large eat-in kitchen with ample counter space, and a spa-inspired bathroom complete with a motion-sensor toilet and a fogless illuminated mirror. Additional upgrades include a heated Bluetooth-enabled ceiling fan, enhancing both comfort and convenience. Ideally located just off Flatbush Avenue, the property offers easy access to major shopping, dining, banking, and everyday essentials, along with nearby Marine Park’s expansive green spaces, recreational facilities, and scenic outdoor amenities.
Listing Agent
Instahomes Realty LLC Brokerage Phone: 516-965-4996 License #10491210729 Listed on: 03/30/2026
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 |
|---|---|---|---|---|
| 2026 | $7,021 | $47,700 | $8,460 | $39,240 |
| 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 |
|---|---|---|---|---|
| 04/24/2026 04/24/26 | Price Changed | $950,000 | -24.0% | $638 / Sq Ft |
| 03/30/2026 03/30/26 | For Sale | $1,250,000 | -- | $839 / Sq Ft |
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 |
|---|---|---|---|
| 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
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 | 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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Ask me questions while you tour the home.