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271 48th Street, Brooklyn, NY 11220 Property Information

Also known as: 263 48th St, Brooklyn, NY 11220

271 48th Street, Brooklyn, NY 11220 Property Information

Also known as: 263 48th St, Brooklyn, NY 11220

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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271 48th Street, Brooklyn, NY 11220 2
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Address

Primary address 271 48th Street
Secondary address 263-271 48th St
Neighborhood Sunset Park
Zip code 11220
Borough Brooklyn
Block & lot 00763-0050

Sales & Tax Overview for 271 48th Street, Brooklyn

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

Purchase date 10/28/2004
Purchase price $1,650,000
Tax class
Estimated property tax $75,718

Lot & Building Information for 271 48th Street, Brooklyn

Lot sqft 10,017
Lot dimensions 100 ft x 100.17 ft
Building class Fireproof Warehouse (E1)
Building sqft 11,200
Building dimensions 100 ft x 95 ft
Buildings on lot 2
Stories 1
Year built 1969
Year last altered 2008
Construction type
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Zoning & Use for 271 48th Street, Brooklyn

Zoning
Qualified opportunity zone
Commercial units 1
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 7
Closest police station 0.82 Miles
Closest fire station 0.25 Miles

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

Other Property Data for 271 48th Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 271 48th Street, Brooklyn, NY 11220, 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 271 48th Street, Brooklyn, NY 11220, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 263-271 48th St, Brooklyn, NY 11220
  • 273 48th St, Brooklyn, NY 11220

About 271 48th Street, Brooklyn

How many sq. ft. does 271 48th Street, Brooklyn, NY 11220 have & what is the price per sq. ft?

This Fireproof Warehouse (E1) located at 271 48th Street, Brooklyn, NY 11220 has a total of 11,200 square feet and a current price per square foot of $147.

What is the year built & the current market value of 271 48th Street, Brooklyn, NY 11220?

271 48th Street, Brooklyn, NY 11220 was built in 1969 and has a current tax assessor's market value of $1,849,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 271 48th Street, Brooklyn

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Property owner name for 271 48th Street, Brooklyn, NY 11220
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Building contacts for 271 48th Street, Brooklyn, NY 11220
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 271 48th Street, Brooklyn

Create a free account to view the complete sales history for 271 48th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/28/2004 $1,650,000

Title Documents for 271 48th Street, 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
07/25/2018 - D
07/31/2018 - R
Satisfaction of Mortgage
(2018072700679001)
07/24/2018 - D
07/31/2018 - R
Termination of Assign of L&R
(2018072700692001)
10/29/2010 - D
11/09/2010 - R
Agreement
(2010110200792001)
09/18/2008 - D
10/09/2008 - R
Assignment of Leases and Rents
(2008091900281004)
09/18/2008 - D
10/09/2008 - R
Agreement
(2008091900281003)
09/18/2008 - D
10/09/2008 - R
Mortgage
(2008091900281002)
09/16/2008 - D
10/09/2008 - R
Termination of Assign of L&R
(2008091900281005)
09/08/2008 - D
10/09/2008 - R
Assignment, Mortgage
(2008091900281001)
10/28/2004 - D
11/15/2004 - R
Satisfaction of Mortgage
(2004110800646001)
10/28/2004 - D
11/10/2004 - R
UCC3 Termination
(2004110301118001)
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R: Recorded date
D: Document date

Property Taxes for 271 48th Street, Brooklyn

Access detailed property tax data for 271 48th Street, Brooklyn, NY 11220. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $74,660
Estimated property tax: $75,718
Tax assessor's market value: $1,849,000
Assessed value: $832,050
Exemptions granted by city:

Assessment History for 271 48th Street, Brooklyn

Here's the assessment & property tax history for 271 48th Street, 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 $1,849,000 $832,050 $688,235 10.848% $78,848 $74,660 +11.90%
2024/25 $1,770,000 $796,500 $619,972 10.762% $72,953 $66,721 +12.96%
2023/24 $1,670,000 $751,500 $557,649 10.592% $67,244 $59,066 +12.28%
2022/23 $1,526,000 $686,700 $494,156 10.646% $62,883 $52,608 +14.08%
2021/22 $1,261,000 $567,450 $428,774 10.755% $58,571 $46,115 +12.69%

Permits for 271 48th Street, Brooklyn

The complete history of permits filed for 271 48th Street, 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
08/28/2018 Alteration type 1
04/25/2017 Alteration type 2
10/21/2014 Alteration type 2
09/19/2005 Alteration type 2
08/25/2000 Alteration type 2
06/02/2000 Alteration type 1
02/07/2000 Alteration type 1
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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
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 4 (See more on map)

Transportation

Distance to Subway
Closest station 4th Ave & 45th St at NW Corner
Station lines R
Distance (miles) 0.217
View subway map
Bus Routes
Name 3 Av/47 St
Line B37
Distance (miles) 0.062

Neighbors for 271 48th Street, Brooklyn

Here are the neighbors for 271 48th Street, Brooklyn, NY 11220.

Address Square feet Purchase date Purchase price
334 47th St, Brooklyn 2,112 08/06/2021
272 47th St, Brooklyn 4,000 06/29/2005 $565,000
237 48th St, Brooklyn 08/19/2004 $3,060,500
328 47th St, Brooklyn 1,992 02/19/1997
260 47th St, Brooklyn 10,000 06/19/2015 $988,000
213 48th St, Brooklyn 14,000 02/17/2022 $5,200,000
316 47th St, Brooklyn 2,028 10/20/1989
320 47th St, Brooklyn 9,050
4712 3rd Ave, Brooklyn 2,000 02/07/2006
4708 3rd Ave, Brooklyn 3,200 02/14/2013 $640,000
4704 3rd Ave, Brooklyn 5,721 12/05/2014
4702 3rd Ave, Brooklyn 6,500 11/27/2001
239 48th St, Brooklyn 01/08/2026 $1,100,000
4720 3rd Ave, Brooklyn 6,500 08/31/2023
4710 3rd Ave, Brooklyn 2,500 04/27/1984
258 47th St, Brooklyn 03/09/2023
259 48th St, Brooklyn 5,092 05/21/2020 $2,700,000
245 48th St, Brooklyn 7,712 11/24/2021 $4,100,000
330 47th St, Brooklyn 2,112 12/17/2012
266 47th St, Brooklyn 25,500 05/28/2021 $12,000,000
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