$1,799,000
$100K PRICE DROP

414 48th St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated payment $9,698/month

Total Views 893
7 Beds
3 Baths
2,700 Sq Ft
$666 Price per Sq Ft

Highlights

  • Wood Flooring
  • 3-minute walk to 45 Street
  • Community Storage Space
  • Multiple cooling system units
  • Heating System Uses Steam
  • 4-minute walk to Pena Herrera Playground

About This Home

Welcome to 414 48th Street, Semi Detached 3 family brick home in the heart of Sunset Park. 20 x 50 Building size. The property features, 3 full height stories above ground plus a full basement . There are a total of 7 bedrooms and 3 full bathrooms spread across 2700 SF of living space. There is a spacious fenced backyard providing ample private outdoor space. This well maintained multi family has it all, perfect for an end user or someone seeking to invest. Low expenses and property taxes. Conveniently located near Industry city, express subway lines to Manhattan, major transportation hub, parks, restaurants and shopping.

Listing Agent

Eddie Arib

Real Broker NY LLC Listed on: 02/12/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,267

Year Built

  • Built in 1910

Lot Details

  • 2,003 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Stove
  • Partially Finished Basement

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 774

Community Details

Building Details

  • Insurance Expense $7,002
  • Utility Expense $2,700
  • Gross Income $93,840

Additional Features

  • 3 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,267

Year Built

Built in 1910

Lot Details

2,003 Sq Ft Lot

Listing Details

  • Basement Amenities: Semi-Finished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 4th Avenue
  • Cross Street Name2: 5th Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 3
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Rooms Total Level3: 6
  • Fill Sq Ft Total: 2700
  • Building Stories: 2
  • Street Name I D X: 48th
  • Building Style: Other
  • Year Built: 1910
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 7
  • Flooring: Ceramic, Hardwood
  • Lot Sq Ft: 2003

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 12
  • Roof: Flat

Utilities

  • Air Conditioning Units: 2
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6B

Rental Info

  • Rent Income: 7820

Multi Family

  • Annual Gross Expense: 52800.00
  • Annual Gross Income: 93840
  • Insurance Expense: 7002.00
  • Unit Count: 3
  • Annual Utility Expenses: 2700.00

Tax Info

  • Flip Tax Amount: 5267.00

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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Average Value
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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

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 $5,095 $56,820 $16,380 $40,440
2024 $5,095 $66,840 $16,380 $50,460
2023 $5,152 $82,020 $16,380 $65,640
2022 $5,014 $74,400 $16,380 $58,020
2021 $4,991 $59,400 $16,380 $43,020
2020 $2,343 $69,900 $16,380 $53,520
2019 $4,422 $68,460 $16,380 $52,080
2018 $4,309 $21,139 $5,554 $15,585
2017 $4,266 $20,928 $5,920 $15,008
2016 $3,951 $19,764 $5,494 $14,270
2015 $2,381 $18,662 $5,742 $12,920
2014 $2,381 $17,616 $6,504 $11,112
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2026 03/01/26 Price Changed $1,799,000 -5.3% $666 / Sq Ft
02/12/2026 02/12/26 For Sale $1,899,000 -- $703 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed $350,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $430,000 New Conventional
Previous Owner $170,000 New Conventional
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 498955

Brooklyn Board of REALTORS®

APN: 00774-0012

New York Kings County Brooklyn 11220 Sunset Park

414 48th St, Brooklyn, NY

For Sale

MultiFamily

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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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Listing Agent
Eddie Arib
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Real Broker NY LLC
(929) 531-6852
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