New York City  »  11220  »  48th St  »  623 48th St

623 48th Street, Brooklyn, NY 11220 - Property report

Also known as: 623 48th St

Property image for 623 48th Street, Brooklyn, NY 11220
static Mapbox map

Property type

Primarily Three Family with One Store or Office (S3)

Year built

1920

Lot sq. ft.

1,970

Sale price

$785,000

General information

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Address
Primary address
623 48th Street
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00767-0072

Owner

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Building
Property type
Primarily Three Family with One Store or Office (S3)
Building sq. ft.
4,194
Building dimensions
19.67 ft x 48 ft
Buildings on lot
1
Stories
3
Year built
1920
Last altered
2008
Building material
Sales
Sale date
08/25/2008
Sale price
$785,000
Tax
Tax year
2026-2027
Property tax
$12,552
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
19.67 ft x 100.17 ft
Lot sq. ft.
1,970

Area overview

Walk score
86 /100.  Very Walkable
Transit score
93 /100.  Rider's Paradise
Bike score
74 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
0.92 Miles
Closest fire station
0.28 Miles

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Ownership information for 623 48th Street, Brooklyn, NY

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

Sales history for 623 48th Street, Brooklyn, NY 11220

Sale date Sale price Buyer name Seller name
08/25/2008 $785,000 XXXXX, XX XXX XXX XXX, XXX XXX XX, XXXX 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
02/08/2022 - R
02/02/2022 - D
Satisfaction of Mortgage
(2022020300290001)
XXXXX XX XXX XXXX XXXXXXXX XXXXXXXXXXX (XXX)
11/28/2008 - R
10/29/2008 - D
Mortgage
(2008112501220001)
XXXXX XX XXX XXXX
09/19/2008 - R
09/08/2008 - D
Certificate
(2008091100253002)
XXXXXXXXXX XXXXX XXXXXXXXX XXXXXXX XXXXX XX XXX
09/19/2008 - R
09/08/2008 - D
Zoning Lot Description
(2008091100253001)
XXXXX XX XXX
09/09/2008 - R
08/25/2008 - D
Deed
(2008082700608001)
XX XXXX XXXX XXXXX XX XXX
05/19/2003 - R Satisfaction of Mortgage
(2003042300945001)
XXXX XXX XXX XXXXXXXXX XXXXXXX XXXX
07/08/1992 - R Satisfaction of Mortgage
(3400001698040)
XXXXX XXX XX XXXXXXXX XX
05/05/1992 - R Mortgage
(3170001684417)
XX XXXX XXXX XXXXXXXXX XXXXXXX XXXX
05/05/1992 - R
04/22/1992 - D
Deed
(3160001684416)
XXXXX XXX XX XX XXXX XXXX
04/22/1987 - R Mortgage
(3350001258935)
XXXXX XXX XX XXXXXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 623 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
$12,552
Municipal exemptions
Recent tax assessments
Market value
$1,034,000
Assessed value
$465,300

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 $884,000 $397,800 $93,439 12.439% $11,623 $11,623 -0.49%
2024/25 $882,000 $396,900 $93,438 12.5% $11,680 $11,680 +3.19%
2023/24 $735,000 $330,750 $90,539 12.502% $11,319 $11,319 +10.07%
2022/23 $746,000 $335,700 $83,833 12.267% $10,284 $10,284 +8.28%
2021/22 $688,000 $309,600 $77,624 12.235% $9,497 $9,497 +7.71%
2020/21 $754,000 $339,300 $71,876 12.267% $8,817 $8,817 -1.65%
2019/20 $766,400 $344,880 $71,875 12.473% $8,965 $8,965 +2.06%
2018/19 $958,000 $431,100 $69,645 12.612% $8,784 $8,784 +7.09%
2017/18 $905,000 $407,250 $64,487 12.719% $8,202 $8,202 +6.55%
2016/17 $820,000 $369,000 $59,711 12.892% $7,698 $7,698 +8.07%

Permit information for 623 48th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/13/2008 Alteration type 1
07/21/2008 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

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

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
4th Ave & 45th St at NE Corner
Station lines
R
Distance (miles)
0.362

Access the detailed traffic volume map for 623 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

Frequently asked questions

What is the year built for 623 48th Street, Brooklyn, NY 11220?

The development at 623 48th Street, Brooklyn, NY 11220 was built in 1920.

What is the market value of 623 48th Street, Brooklyn, NY 11220?

The current market value of 623 48th Street, Brooklyn, NY 11220 is $1,034,000.

What is the total square footage of 623 48th Street, Brooklyn, NY 11220?

623 48th Street, Brooklyn, NY 11220 has a total of 4,194 square feet.

What is the price per square foot for this property?

$187 per square foot is the price for 623 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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