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237 48th Street, Brooklyn, NY 11220 Property Information

237 48th Street, Brooklyn, NY 11220 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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237 48th Street, Brooklyn, NY 11220 1
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Address

Primary address 237 48th Street
Neighborhood Sunset Park
Zip code 11220
Borough Brooklyn
Block & lot 00763-0067

Sales & Tax Overview for 237 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 08/19/2004
Purchase price $3,060,500
Tax class
Estimated property tax $25,345

Lot & Building Information for 237 48th Street, Brooklyn

Lot sqft 5,159
Lot dimensions 51.5 ft x 100.17 ft
Building class Unlicensed Parking Lot (G7)
Frontage(s) 48 Street (narrow)
Nearest wide street 2 Avenue
Distance to wide street
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Zoning & Use for 237 48th Street, Brooklyn

Zoning

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 7
Closest police station 0.83 Miles
Closest fire station 0.30 Miles

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

Other Property Data for 237 48th Street, Brooklyn

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Floor area ratio (FAR) for 237 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 237 48th Street, Brooklyn, NY 11220, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 237 48th Street, Brooklyn

What is the assessed value of 237 48th Street, Brooklyn, NY 11220 and the property tax paid?

Assessed at $310,050, the tax amount paid for 237 48th Street, Brooklyn, NY 11220 is $21,615. For the next year, the tax amount for 237 48th Street, Brooklyn, NY 11220 is estimated at $25,345.

When was 237 48th Street, Brooklyn, NY 11220 last sold and what was the last sale price?

237 48th Street, Brooklyn, NY 11220 was last sold in 08/19/2004 for $3,060,500.

Ownership Information for 237 48th Street, Brooklyn

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Property owner name for 237 48th Street, Brooklyn, NY 11220
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Building contacts for 237 48th Street, Brooklyn, NY 11220
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 237 48th Street, Brooklyn

Create a free account to view the complete sales history for 237 48th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
08/19/2004 $3,060,500

Title Documents for 237 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
04/27/2020 - R Initial UCC1
(2020042200508004)
03/25/2020 - D
04/27/2020 - R
Assignment of Leases and Rents
(2020042200508003)
03/25/2020 - D
04/27/2020 - R
Agreement
(2020042200508002)
03/25/2020 - D
04/27/2020 - R
Mortgage
(2020042200508001)
10/15/2014 - R UCC3 Termination
(2014091600220008)
10/15/2014 - R Initial UCC1
(2014091600220006)
09/02/2014 - D
10/15/2014 - R
Mortgage
(2014091600220005)
09/02/2014 - D
10/15/2014 - R
Assignment of Leases and Rents
(2014091600220004)
09/02/2014 - D
10/15/2014 - R
Agreement
(2014091600220003)
09/02/2014 - D
10/15/2014 - R
Mortgage
(2014091600220002)
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R: Recorded date
D: Document date

Property Taxes for 237 48th Street, Brooklyn

Access detailed property tax data for 237 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: $21,616
Estimated property tax: $25,345
Tax assessor's market value: $689,000
Assessed value: $310,050

Assessment History for 237 48th Street, Brooklyn

Here's the assessment & property tax history for 237 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 $689,000 $310,050 $199,260 10.848% $21,616 $21,616 +26.66%
2024/25 $530,000 $238,500 $158,580 10.762% $17,066 $17,066 +24.50%
2023/24 $408,000 $183,600 $129,420 10.592% $13,708 $13,708 +11.08%
2022/23 $314,000 $141,300 $115,920 10.646% $12,341 $12,341 +17.29%
2021/22 $273,000 $122,850 $97,830 10.755% $10,522 $10,522 +18.70%

Permits for 237 48th Street, Brooklyn

The complete history of permits filed for 237 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.

No recorded permits for this property.

Sunset Park Residential Market Stats

Access a detailed real estate market overview of Sunset Park so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Sunset Park and compare it to other neighborhoods in Brooklyn.

Median Sale Price
$587,500
2.6% YoY
Median Price/Sqft
$863
0.3% YoY
Brooklyn Median Sale Price
$885,000
2.5% 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) 0.264
View subway map
Bus Routes
Name 3 Av/47 St
Line B37
Distance (miles) 0.117

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 1 The Bergen 4 Yes Public PK, K-5 754 0.20
P.S. 1 The Bergen 4 Yes Public PK, K-5 754 0.20
Al Madrasa Al Islamiya NR No Private PK, K-8 0 0.24
Al Madrasa Al Islamiya NR No Private PK, K-8 0 0.24
Al Madrasa Al Islamiya NR No Private PK-8 164 0.27

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Al Madrasa Al Islamiya NR No Private PK, K-8 0 0.24
Al Madrasa Al Islamiya NR No Private PK-8 164 0.27
St. Michael Elementary School NR No Private K-8 0 0.34
Sunset Park Prep 5 No Public 6-8 440 0.41
Is 136 Charles O Dewey 2 No Public 6-8 535 0.41

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 371 Lillian L Rashkis NR No Public 9-12 209 0.57
Sunset Park High School 4 No Public 9-12 1,418 0.68
High School of Telecommunication Arts and Technology 6 No Public 9-12 1,273 1.01
Yeshiva & Mesivta V'yoel Moshe NR No Private 9-12 702 1.08
Bnos Margulia Viznitz NR No Private PK-12 679 1.14

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 237 48th Street, Brooklyn

Here are the neighbors for 237 48th Street, Brooklyn, NY 11220.

Address Square feet Purchase date Purchase price
334 47th St, Brooklyn 2,112 08/06/2021
328 47th St, Brooklyn 1,992 02/19/1997
338 47th St, Brooklyn 2,112 04/18/1997
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
336 47th St, Brooklyn 2,112 09/06/2002
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
271 48th St, Brooklyn 11,200 10/28/2004 $1,650,000
4702 3rd Ave, Brooklyn 6,500 11/27/2001
342 47th St, Brooklyn 2,232 07/06/1984
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
340 47th St, Brooklyn 2,232 06/05/2002
259 48th St, Brooklyn 5,092 05/21/2020 $2,700,000
330 47th St, Brooklyn 2,112 12/17/2012
245 48th St, Brooklyn 7,712 11/24/2021 $4,100,000
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