New York City » 11220 » 48th St » 228 48th St

228 48th Street, Brooklyn, NY 11220 - Property report

Also known as: 228 48th St

Property image for 228 48th Street, Brooklyn, NY 11220

Property type

Factory - Light Manufacturing (F5)

Year built

1974

Lot sq. ft.

2,504

Sale price

$4,100,000

General information

Address

Primary address

228 48th Street

Alternate address(es)

228-230 48th St

ZIP code

11220

Neighborhood

Sunset Park

Borough

Brooklyn

Block & lot

00772-0018

Building

Property type

Factory - Light Manufacturing (F5)

Building sq. ft.

2,500

Building dimensions

25 ft x 100 ft

Buildings on lot

Stories

Year built

1974

Last altered

1976

Building material

Sales

Sale date

05/18/2026

Sale price

$4,100,000 - M

Tax

Tax year

2026-2027

Property tax

$18,422

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

25 ft x 100.17 ft

Lot sq. ft.

2,504

Area overview

Walk score

85 /100. Very Walkable

Transit score

94 /100. Rider's Paradise

Bike score

82 /100. Very Bikeable

School district

Community district

Closest police station

0.80 Miles

Closest fire station

0.29 Miles

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

Ownership

Ownership information for 228 48th Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 228 48th Street, Brooklyn, NY 11220

Sale date	Sale price	Buyer name	Seller name
05/18/2026	$4,100,000	XX XXX XXXXXXXXXXXX XXX	XXX-XXX XXXX XXXXXX XXXXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
06/03/2026 - R 05/18/2026 - D	Assignment of Leases and Rents (2026052700591003)	XX XXX XXXXXXXXXXXX XXX	XXXX
06/03/2026 - R 05/18/2026 - D	Mortgage (2026052700591002)	XX XXX XXXXXXXXXXXX XXX	XXXX
06/03/2026 - R 05/18/2026 - D	Deed (2026052700591001)	XXXXXX XXXX XXXXXX XXXXXXXXXX	XX XXX XXXXXXXXXXXX XXX
06/03/2025 - R 05/28/2025 - D	Both RPTT and RETT (2025060300646001)	XXXXXXXX XXXXX X	XXXXXXXX XXXXXX XXXXX
07/29/2013 - R 09/28/2012 - D	Release of Estate Tax Lien (2013062601639001)	XXXXXXXX XXXXXX X XX
08/29/1986 - R	Satisfaction of Mortgage (3560001194056)	XXXXXXXX XXXXXXX XXXX	XXXXXXXX XXXX
08/29/1986 - R	Satisfaction of Mortgage (3540001194054)	XXXXXXXX XXXXXX XXXX	XXXXXX XXXXXX XXX
08/29/1986 - R	Satisfaction of Mortgage (3530001194053)	XXXXXXXX XXXXXXX XXXX	XXX XXXXX XXXXXXXXXXXX
08/29/1986 - R	Mortgage (3390001193939)	XXXXXXXXX XX XX XXXXXX	XXXXXXXXXXXXX XXXXXXX XX
08/29/1986 - R	Deed (3380001193938)	XXXXXXXX XXXXXXX XXXX	XXXXXX XXXX XX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 228 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

$18,422

Municipal exemptions

Recent tax assessments

Market value

$457,000

Assessed value

$205,650

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	$393,000	$176,850	$157,690	10.848%	$17,106	$17,106	+2.87%
2024/25	$380,000	$171,000	$154,520	10.762%	$16,629	$16,629	+7.30%
2023/24	$348,000	$156,600	$146,320	10.592%	$15,498	$15,498	-1.19%
2022/23	$423,000	$190,350	$147,330	10.646%	$15,685	$15,685	+9.64%
2021/22	$342,000	$153,900	$133,020	10.755%	$14,306	$14,306	+3.52%
2020/21	$351,000	$157,950	$129,230	10.694%	$13,820	$13,820	+7.15%
2019/20	$312,000	$140,400	$122,400	10.537%	$12,897	$12,897	+5.09%
2018/19	$272,000	$122,400	$116,730	10.514%	$12,273	$12,273	+1.33%
2017/18	$264,000	$118,800	$115,200	10.514%	$12,112	$12,112	+0.62%
2016/17	$260,000	$117,000	$113,840	10.574%	$12,037	$12,037	+1.39%

Permits

Permit information for 228 48th Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
06/25/2018	Alteration type 2
04/27/2010	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

4th Ave & 52nd St at NW Corner (Exit Only)

Station lines

Distance (miles)

0.283

View subway map

Access the detailed traffic volume map for 228 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

Nearby ZIP codes for 228 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 228 48th Street, Brooklyn, NY 11220?

The development at 228 48th Street, Brooklyn, NY 11220 was built in 1974.

What is the market value of 228 48th Street, Brooklyn, NY 11220?

The current market value of 228 48th Street, Brooklyn, NY 11220 is $457,000.

What is the total square footage of 228 48th Street, Brooklyn, NY 11220?

228 48th Street, Brooklyn, NY 11220 has a total of 2,500 square feet.

What is the price per square foot for this property?

$1,640 per square foot is the price for 228 48th Street, Brooklyn, NY 11220.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.