Seller's Agent in 2025
Joe Zhu
RE/MAX Edge
(347) 791-7011
13 in this area
90 Total Sales
775 48th St Brooklyn, NY 11220
Sunset Park Neighborhood
6
Beds
3
Baths
2,272
Sq Ft
2,000
Sq Ft Lot
About This Home
As of October 2025Prime Sunset Park legal 2-family, 3 stories with a rare private driveway and yard. The property measures 20'×64' on a 20'×100' lot and is zoned R6 with a C2-4 overlay (Residential FAR 2.43, Facility FAR 4.8), offering flexible live/rent options and potential future upside per your architect. A solid end-user or investment opportunity in prime Sunset Park
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,019
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100 x 20
Home Design
Interior Spaces
- 3-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Parking Spaces
- Private Driveway
Utilities
- Multiple cooling system units
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 768
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 26, 2016
Sold by
Salvesen Lilly
Bought by
755 Mgt Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$596,369
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$999,253
Purchase Details
Closed on
Sep 8, 2008
Sold by
Lilly Salvesen Executrix
Bought by
Salvesen Lilly
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,400,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $750,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | For Sale | $2,680,000 | +27.6% | $698 / Sq Ft |
| 10/31/2025 10/31/25 | Sold | $2,100,000 | -7.9% | $924 / Sq Ft |
| 10/31/2025 10/31/25 | Price Changed | $2,280,000 | -14.9% | $1,004 / Sq Ft |
| 10/30/2025 10/30/25 | For Sale | $2,680,000 | -- | $1,180 / Sq Ft |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $9,019 | $86,220 | $23,040 | $63,180 |
| 2024 | $9,019 | $101,460 | $23,040 | $78,420 |
| 2023 | $9,051 | $101,580 | $23,040 | $78,540 |
| 2022 | $8,393 | $92,400 | $23,040 | $69,360 |
| 2021 | $8,348 | $81,600 | $23,040 | $58,560 |
| 2020 | $3,915 | $80,760 | $23,040 | $57,720 |
| 2019 | $7,828 | $83,280 | $23,040 | $60,240 |
| 2018 | $7,571 | $37,138 | $9,438 | $27,700 |
| 2017 | $7,142 | $35,037 | $11,568 | $23,469 |
| 2016 | $5,765 | $33,056 | $10,694 | $22,362 |
| 2015 | $3,781 | $31,185 | $13,343 | $17,842 |
| 2014 | $3,781 | $31,185 | $16,005 | $15,180 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Zhu
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 497022
APN: 00768-0046
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