414 48th St
Listing Notes
Welcome to 414 48th Street, a well-maintained semi-detached 3-family brick property located in the heart of Sunset Park, one of Brooklyn's most vibrant and high-demand neighborhoods. Situated between 4th and 5th Avenue, this property offers exceptional accessibility and convenience, just minutes from the N, R, and D subway lines, major bus routes, and close proximity to Industry City, a rapidly growing hub for retail, dining, and creative workspaces. The area is known for strong rental demand, diverse amenities, and continued long-term growth. The property features approximately 2,700 square feet of interior space on a 20 x 100 lot, with three full residential units configured as two 2-bedroom units and one 3-bedroom unit. All units are currently occupied on a month-to-month basis, providing flexibility for both investors and end-users. The current rent roll reflects stable income, with potential for repositioning or adjustments over time depending on the buyer's strategy. The building is constructed of solid brick with a full semi-finished basement, offering additional usable space. Heating is gas with steam radiators, and the property includes standard mechanical systems with separate living areas. Annual property taxes remain relatively low at approximately $5,246, contributing to overall operating efficiency. This offering presents a unique opportunity for buyers seeking a stable income-producing asset in a prime Brooklyn location, with the added benefit of flexible tenancy. Ideal for investors looking for long-term hold in a high-demand rental corridor, or for end-users seeking to occupy while maintaining supplemental income.
Price in context
Cheaper than 50% of the 24 homes listed nearby right now, which run $1,099,888 to $1,880,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 244 45th St | $1,099,888 | 4 bd · 5 ba |
| 320 42nd St | $1,100,000 | 3 bd · 1 ba |
| 451 44th St | $1,199,000 | 3 bd · 3 ba |
| 463 52nd St | $1,250,000 | 18 bd · 7 ba |
| 242 45th St Unit House | $1,275,000 | 3 bd · 2 ba |
| 5411 4th Ave | $1,299,999 | 18 bd · 6 ba |
| 4311 4th Ave | $1,350,000 | 12 bd · 6 ba |
| 345 53rd St | $1,358,888 | 5 bd · 4 ba |
| 427 46th St | $1,485,000 | 5 bd · 2 ba |
| 431 45th St | $1,495,000 | 7 bd · 4 ba |
| 461 50th St | $1,558,800 | 3 bd · 3 ba |
| 346 52nd St | $1,580,000 | 5 bd · 2 ba |
| 346 53rd St | $1,630,000 | 5 bd · 2 ba |
| 346 53rd St | $1,630,000 | 5 bd · 8 ba |
| 467 45th St | $1,649,000 | 5 bd · 3 ba |
| 469 52nd St | $1,650,000 | 20 bd · 6 ba |
| 536 46th St | $1,680,000 | 6 bd · 2 ba |
| 5015 4th Ave | $1,688,000 | 3 bd · 1 ba |
| 524 51st St | $1,699,000 | 8 bd · 4 ba |
| 524 51st St | $1,699,000 | 8 bd · 4 ba |
| 426 54th St | $1,749,000 | 4 bd · 4 ba |
| 560 46th St | $1,790,000 | 8 bd · 2 ba |
| 529 51st St | $1,850,000 | 23 bd · 9 ba |
| 527 49th St | $1,880,000 | 6 bd · 6 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more