NOT LISTED FOR SALE

Estimated Value: $990,117 - $1,028,000

6 Beds
3 Baths
1,649 Sq Ft
$611/Sq Ft Est. Value

Sale Details

Date Sold: October 2, 2025

Last sale price $999,000 $606 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,255 / mo

44 Days on Market

About This Home

As of October 2025

Legal two family delivered vacant

Welcome to 51-53 48th Street, a solid brick two-family home offering space, versatility, and incredible potential. Situated on an elevated lot, this property boasts a beautifully paved front area—perfect for barbecuing, relaxing, and entertaining outdoors.

The top floor features a spacious three-bedroom layout, complete with a bright living room, kitchen, and full bathroom. The first floor offers a comfortable two-bedroom unit, also with a living room, kitchen, and full bath, providing an excellent opportunity for rental income or extended family living.

Adding to the home’s versatility, the basement includes an accessory one-bedroom apartment with both front and rear private entrances, making it an excellent option for additional living space, storage, or an in-law suite.

A rare find in this neighborhood, the home also includes a detached two-car garage, providing secure parking and additional storage.

While this home is being sold as-is, it presents a fantastic opportunity for buyers looking to add value with some TLC. Whether you’re an investor seeking rental income or a homeowner looking to customize, this property offers endless possibilities!

Don’t miss out on this unique opportunity—schedule your viewing today!

Last Agent to Sell the Property

Nicholas Halvatzis

Amorelli Realty LLC Brokerage Phone: 718-578-1866 License #10401284063 Listed on: 03/11/2025

Last Buyer's Agent

Nicholas Halvatzis

Amorelli Realty LLC Brokerage Phone: 718-578-1866 License #10401284063 Listed on: 03/11/2025

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,916

Year Built

  • Built in 1920

Lot Details

  • 1,880 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,649 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Ps 153 Maspeth Elementary School
  • Is 125 Thomas J Mccann Woodside Middle School
  • Grover Cleveland High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 02306-0228

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,916

Year Built

Built in 1920

Lot Details

1,880 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 1920
  • Attribution Contact: 718-578-1866
  • Carport Y N: No
  • Structure Type: Townhouse
  • CurrentPrice: 999000.00
  • MlsMajorChangeType: Sold
  • CurrentPrice_By_LivingArea: 605.82171
  • ListPrice_By_LivingArea: 666.46452
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 25439814.8148
  • LivingAreaSearchSqFt: 1649.00
  • CurrentPrice_By_BuildingAreaTotal: 605.82171
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Other
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 1649
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Cooling: None
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Is 125 Thomas J Mccann Woodside

Lot Info

  • Lot Size Acres: 0.0432
  • Lot Size Sq Ft: 1880
  • Parcel Number: 02306-0228
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 7916.12
  • Tax Year: 2024

MLS Schools

  • Elementary School: Ps 153 Maspeth Elementary
  • High School: Grover Cleveland High School
  • Middle School District: Queens24

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Oct 2, 2025
Sold by
Eva Paravatos As Administrator and The Estate Of Martha Borges
Bought by
Seller's Agent
Nicholas Halvatzis
Amorelli Realty LLC
Buyer's Agent
Nicholas Halvatzis
Amorelli Realty LLC
List Price
$1,099,000
Sold Price
$999,000
Premium/Discount to List
-$100,000
-9.1%
Views
64
Current Estimated Value
$1,007,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,029
Avg. Annual Appreciation
0.89%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Buyer Sale Price Title Company
$999,000 --
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
10/02/2025 10/02/25 Sold $999,000 -9.1% $606 / Sq Ft
04/24/2025 04/24/25 Pending -- -- --
03/11/2025 03/11/25 For Sale $1,099,000 -- $666 / Sq Ft
Source: OneKey® MLS

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 $8,391 $44,282 $8,749 $35,533
2025 $7,635 $41,777 $7,448 $34,329
2024 $7,916 $39,413 $7,214 $32,199
2023 $7,720 $39,413 $6,771 $32,642
2022 $7,521 $62,520 $10,740 $51,780
2021 $7,470 $57,900 $10,740 $47,160
2020 $7,073 $58,500 $10,740 $47,760
2019 $6,578 $52,860 $10,740 $42,120
2018 $6,398 $32,844 $7,032 $25,812
2017 $6,345 $32,595 $7,821 $24,774
2016 $5,838 $32,595 $7,821 $24,774
2015 $3,489 $29,012 $8,503 $20,509
2014 $3,489 $27,370 $8,785 $18,585
Source: Public Records

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Map

Source: OneKey® MLS

MLS Number: 833940

OneKey® MLS

APN: 02306-0228

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