Kings  »  11220  »  48th St  »  259 48th St

259 48th Street, Brooklyn, NY 11220 - Property report

Also known as: 259 48th St

Property image for 259 48th Street, Brooklyn, NY 11220
static Mapbox map

Property type

Fireproof Warehouse (E1)

Year built

1985

Lot sq. ft.

5,092

Sale price

$2,700,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
259 48th Street
Alternate address(es)
259-261 48th St
261 48th St
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00763-0055

Owner

Find out who owns 259 48th Street, Brooklyn, NY 11220. Uncover corporate and individual owners with a free account.

Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
5,092
Building dimensions
50 ft x 100 ft
Buildings on lot
1
Stories
1
Year built
1985
Building material
Sales
Sale date
05/21/2020
Sale price
$2,700,000
Tax
Tax year
2026-2027
Property tax
$43,075
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50.83 ft x 100.17 ft
Lot sq. ft.
5,092

Area overview

Walk score
85 /100.  Very Walkable
Transit score
94 /100.  Rider's Paradise
Bike score
82 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
0.82 Miles
Closest fire station
0.27 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 259 48th Street, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 259 48th Street, Brooklyn, NY 11220

Sale date Sale price Buyer name Seller name
05/21/2020 $2,700,000 XX XXXXXXXXX XXX XXX XXXX XXXXXX XXXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/17/2025 - R UCC3 Continuation
(2025031700417001)		 XX XXXXXXXXX XXX XXXX XXXX XXXX
06/04/2020 - R Initial UCC1
(2020060200845001)		 XX XXXXXXXXX XXX XXXX XXXX XXXX
06/05/2020 - R
05/21/2020 - D		 Assignment of Leases and Rents
(2020060200712003)		 XX XXXXXXXXX XXX XXXX XXXX XXXX
06/05/2020 - R
05/21/2020 - D		 Mortgage
(2020060200712002)		 XX XXXXXXXXX XXX XXXX XXXX XXXX
06/05/2020 - R
05/21/2020 - D		 Deed
(2020060200712001)		 XXX XXXX XXXXXX XXXX XX XXXXXXXXX XXX
06/04/2020 - R
04/20/2020 - D		 Termination of Assign of L&R
(2020060200804002)		 XXX XXXX XXXXXX XXXX XXXXXX XXXXXXXX XXXX XX XXX XXXX
06/04/2020 - R
04/20/2020 - D		 Satisfaction of Mortgage
(2020060200804001)		 XXX XXXX XXXXXX XXXX XXXXXXXX XXXXXXXX XXXX
10/15/1998 - R Satisfaction of Mortgage
(3670006314867)		 XXXXXXX XXXXXXXXXXXXXX XXXX XXXXX XXXXX XXXXXXX XX XXX XXXX
07/21/1998 - R Certificate
(3440006140244)		 XXXXXXXXXXXX XX XXXXXXX
04/24/1995 - R Assignment, Mortgage
(3190004742019)		 XXX XXXX XXXXXX XXXX XXXXXX XXXXXXXX XXXXXX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 259 48th Street, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$43,075
Municipal exemptions
Recent tax assessments
Market value
$1,023,000
Assessed value
$460,350

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $1,041,000 $468,450 $385,300 10.848% $41,797 $41,797 +7.00%
2024/25 $1,020,000 $459,000 $362,980 10.762% $39,064 $39,064 +4.03%
2023/24 $949,000 $427,050 $354,510 10.592% $37,550 $37,550 +6.35%
2022/23 $789,000 $355,050 $331,650 10.646% $35,307 $35,307 +13.99%
2021/22 $640,000 $288,000 $288,000 10.755% $30,974 $30,974 -5.34%
2020/21 $793,000 $356,850 $305,982 10.694% $33,965 $32,722 +10.94%
2019/20 $768,000 $345,600 $279,918 10.537% $31,333 $29,495 +13.94%
2018/19 $695,000 $312,750 $246,204 10.514% $28,331 $25,886 +13.51%
2017/18 $673,000 $302,850 $216,900 10.514% $25,861 $22,805 +17.10%
2016/17 $600,000 $270,000 $184,176 10.574% $23,163 $19,475 +18.28%
Permits

Permit information for 259 48th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/05/2019 Alteration type 2
11/17/1995 Subdivision: improved

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
03/06/2019 Aeuhaz1-fail to certify class 1
03/06/2019 Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
4

Subway & traffic

Closest station
4th Ave & 45th St at NW Corner
Station lines
R
Distance (miles)
0.228
View subway map

Access the detailed traffic volume map for 259 48th Street, Brooklyn, NY 11220 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 259 48th Street, Brooklyn, NY

334 47th St, Brooklyn 272 47th St, Brooklyn 237 48th St, Brooklyn 328 47th St, Brooklyn 260 47th St, Brooklyn 213 48th St, Brooklyn 316 47th St, Brooklyn 320 47th St, Brooklyn 336 47th St, Brooklyn 4712 3rd Ave, Brooklyn 4708 3rd Ave, Brooklyn 4704 3rd Ave, Brooklyn 271 48th St, Brooklyn 4702 3rd Ave, Brooklyn 239 48th St, Brooklyn 4720 3rd Ave, Brooklyn 4710 3rd Ave, Brooklyn 245 48th St, Brooklyn 330 47th St, Brooklyn 266 47th St, Brooklyn

Nearby ZIP codes for 259 48th Street, Brooklyn, NY

10004, New York City, NY 10005, New York City, NY 10271, New York City, NY 10280, New York City, NY 11201, New York City, NY 11204, New York City, NY 11209, New York City, NY 11214, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11223, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 259 48th Street, Brooklyn, NY 11220?

The development at 259 48th Street, Brooklyn, NY 11220 was built in 1985.

What is the market value of 259 48th Street, Brooklyn, NY 11220?

The current market value of 259 48th Street, Brooklyn, NY 11220 is $1,023,000.

What is the total square footage of 259 48th Street, Brooklyn, NY 11220?

259 48th Street, Brooklyn, NY 11220 has a total of 5,092 square feet.

What is the price per square foot for this property?

$530 per square foot is the price for 259 48th Street, Brooklyn, NY 11220.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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