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48 3rd Avenue, Brooklyn, NY 11217 Property Information

48 3rd Avenue, Brooklyn, NY 11217 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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48 3rd Avenue, Brooklyn, NY 11217 1
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Address

Primary address 48 3rd Avenue
Neighborhood Boerum Hill
Zip code 11217
Borough Brooklyn
Block & lot 00185-0026

Sales & Tax Overview for 48 3rd Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 06/15/2026
Purchase price $4,400,000 - M
Tax class

Lot & Building Information for 48 3rd Avenue, Brooklyn

Lot sq. ft. 1,100
Lot dimensions 20 ft x 55 ft
Property type Zoned Commercial or Manhattan Residential (V1)
Status
Status date
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Zoning & Use for 48 3rd Avenue, Brooklyn

Zoning

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 2
Closest police station 0.45 Miles
Closest fire station 0.15 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 48 3rd Avenue, Brooklyn

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Floor area ratio (FAR) for 48 3rd Avenue, Brooklyn, NY 11217, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 48 3rd Avenue, Brooklyn, NY 11217, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 48 3rd Avenue, Brooklyn

What is the market value of 48 3rd Avenue, Brooklyn, NY 11217?

The current market value is $365,000.

Ownership Information for 48 3rd Avenue, Brooklyn

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Property owner name for 48 3rd Avenue, Brooklyn, NY 11217
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Building contacts for 48 3rd Avenue, Brooklyn, NY 11217
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Huble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
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Past Sales & Property History for 48 3rd Avenue, Brooklyn

Create a free account to view the complete sales history for 48 3rd Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Sale date Sale price Buyer name Seller name
06/15/2026 $4,400,000
07/24/2012 $488,000
12/22/2006 $660,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 48 3rd Avenue, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
06/24/2026 - R
06/15/2026 - D
Deed
(2026061700943001)
03/25/2025 - R
03/20/2025 - D
Zoning Lot Description
(2025031700394001)
03/25/2025 - R
03/14/2025 - D
Certificate
(2025031700394002)
08/02/2024 - R
07/18/2024 - D
Deed
(2024072400394001)
08/31/2012 - R UCC3 Termination
(2012082401186003)
08/31/2012 - R UCC3 Termination
(2012082401186001)
09/07/2012 - R
07/24/2012 - D
Satisfaction of Mortgage
(2012082401096001)
08/31/2012 - R
07/24/2012 - D
Deed
(2012080601354001)
09/07/2012 - R
07/20/2012 - D
Termination of Assign of L&R
(2012082401096007)
09/07/2012 - R
07/20/2012 - D
Termination of Assign of L&R
(2012082401096006)
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R: Recorded date
D: Document date

Property Taxes for 48 3rd Avenue, Brooklyn

Access detailed property tax data for 48 3rd Avenue, Brooklyn, NY 11217. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $16,627
Tax assessor's market value: $365,000
Assessed value: $164,250

Assessment History for 48 3rd Avenue, Brooklyn

Here's the assessment & property tax history for 48 3rd Avenue, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $384,000 $172,800 $139,140 10.848% $15,094 $15,094 +16.04%
2024/25 $404,000 $181,800 $120,870 10.762% $13,008 $13,008 +24.50%
2023/24 $311,000 $139,950 $98,640 10.592% $10,448 $10,448 +16.87%
2022/23 $239,000 $107,550 $83,970 10.646% $8,939 $8,939 +10.47%
2021/22 $208,000 $93,600 $75,240 10.755% $8,092 $8,092 +10.63%

Permits for 48 3rd Avenue, Brooklyn

The complete history of permits filed for 48 3rd Avenue, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
09/08/2025 New building
09/05/2025 New building
09/05/2025 New building
07/14/2025 New building
04/08/2025 Alteration type 3
03/28/2025 Alteration
11/12/2024 New building
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

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Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station 4th Ave & Pacific St at NW Corner
Station lines B-Q-D-N-R-2-3-4-5
Distance (miles) 0.144
View subway map

Neighbors for 48 3rd Avenue, Brooklyn

Here are the neighbors for 48 3rd Avenue, Brooklyn, NY 11217.

Address Square feet Purchase date Purchase price
485 Pacific St, Brooklyn 13,516 12/15/2011 $2,905,000
459 Pacific St, Brooklyn 2,400 10/16/2020
46 3rd Ave, Brooklyn 2,200 06/15/2026 $4,400,000
492 Atlantic Ave, Brooklyn 3,750 01/25/2019
495 Pacific St, Brooklyn 3,876 09/05/2014
491 Pacific St, Brooklyn 3,240 10/17/1997
481 Pacific St, Brooklyn 3,400 12/20/2011
467 Pacific St, Brooklyn 17,855 04/18/1990
496 Atlantic Ave, Brooklyn 4,197 10/02/1997
494 Atlantic Ave, Brooklyn 5,025 08/27/1999
489 Pacific St, Brooklyn 3,240 12/26/2007 $1,105,000
510 Atlantic Ave, Brooklyn 77,120 04/27/2015
486 Atlantic Ave, Brooklyn 5,170 12/14/2010
87 Nevins St, Brooklyn 2,720 07/28/2017 $2,300,000
483 Pacific St, Brooklyn 5,000 04/15/1996
89 Nevins St, Brooklyn 2,820 03/09/2026
493 Pacific St, Brooklyn 3,140 02/06/2003
479 A 1/2 Pacific St, Brooklyn 3,360 12/13/1984
514 Atlantic Ave, Brooklyn 2,280 06/15/2026 $4,400,000
490 Atlantic Ave, Brooklyn 2,100 08/05/1998
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