New York City » 11220 » 48th St » 524 48th St

524 48th Street, Brooklyn, NY 11220 - Property report

Also known as: 524 48th St

Property image for 524 48th Street, Brooklyn, NY 11220

Property type

Miscellaneous Two Family (B9)

Year built

1899

Lot sq. ft.

2,003

Sale price

$1,200,000

General information

Address

Primary address

524 48th Street

ZIP code

11220

Neighborhood

Sunset Park

Borough

Brooklyn

Block & lot

00775-0016

Building

Property type

Miscellaneous Two Family (B9)

Building sq. ft.

2,852

Building dimensions

20 ft x 45 ft

Buildings on lot

Stories

Year built

1899

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

12/21/2015

Sale price

$1,200,000

Tax

Tax year

2026-2027

Property tax

$8,627

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

48 Street (narrow)

Nearest wide street

5 Avenue

Distance to wide street

Lot dimensions

20 ft x 100.17 ft

Lot sq. ft.

2,003

Area overview

Walk score

95 /100. Walker's Paradise

Transit score

93 /100. Rider's Paradise

Bike score

74 /100. Very Bikeable

School district

Community district

Closest police station

0.83 Miles

Closest fire station

0.19 Miles

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

Ownership

Ownership information for 524 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 524 48th Street, Brooklyn, NY 11220

Sale date	Sale price	Buyer name	Seller name
12/21/2015	$1,200,000	XXX XXXXXX XXXXXXXX XXX	XXXXXXXXX, XXXXXXX X
10/01/2007	$785,000	XXXXXXXXX, XXXXXXX X	XXXXXX, XXXXXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/03/2020 - D 08/03/2020 - R	Landmark Designation (2020080300684001)	XXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX
03/08/2016 - R 01/07/2016 - D	Satisfaction of Mortgage (2016010700165001)	XXXXXXXXX XXXXXXX X	XXXXX XXXXX XXXX X X
01/26/2016 - R 12/28/2015 - D	Satisfaction of Mortgage (2015122800295001)	XXXXXXXXX XXXXXXX X	XXXXX XXXXX XXXX XX
01/13/2016 - R 12/21/2015 - D	Deed (2015122200211001)	XXXXXXXXX XXXXXXX X	XXX XXXXXX XXXXXXXX XXX
03/31/2010 - R 03/10/2010 - D	Agreement (2010031900454002)	XXXXXXXXX XXXXXXX X	XXXXX XXXXX XXXX X X
03/31/2010 - R 03/10/2010 - D	Mortgage (2010031900454001)	XXXXXXXXX XXXXXXX X	XXXXX XXXXX XXXX X X
03/31/2010 - R 02/23/2010 - D	Subordination of Mortgage (2010031900454003)	XXXXX XXXXX XXXX X X	XXXXX XXXXX XXXX X X
11/02/2007 - R 10/19/2007 - D	Satisfaction of Mortgage (2007101900702001)		XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
10/10/2007 - R 10/01/2007 - D	Mortgage (2007100200471003)	XXXXXXXXX XXXXXXX X	XXXXX XXXXX XXXX XX
10/10/2007 - R 10/01/2007 - D	Mortgage (2007100200471002)	XXXXXXXXX XXXXXXX X	XXXXX XXXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 524 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

$8,627

Municipal exemptions

Recent tax assessments

Market value

$1,401,000

Assessed value

$84,060

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	$1,581,000	$94,860	$43,282	19.843%	$8,588	$8,588	+4.69%
2024/25	$1,443,000	$86,580	$40,846	20.085%	$8,204	$8,204	+5.77%
2023/24	$1,425,000	$85,500	$38,616	20.085%	$7,756	$7,756	-0.54%
2022/23	$1,375,000	$82,500	$38,399	20.309%	$7,798	$7,798	+7.83%
2021/22	$1,426,000	$85,560	$36,228	19.963%	$7,232	$7,232	-4.72%
2020/21	$1,539,000	$92,340	$36,068	21.045%	$7,591	$7,591	+5.35%
2019/20	$1,250,000	$75,000	$34,038	21.167%	$7,205	$7,205	+7.03%
2018/19	$1,674,000	$100,440	$32,180	20.919%	$6,732	$6,732	+3.20%
2017/18	$1,204,000	$72,240	$31,999	20.385%	$6,523	$6,523	+13.93%
2016/17	$1,009,000	$60,540	$28,640	19.991%	$6,035	$5,725	+2.82%

Permits

Permit information for 524 48th Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
10/14/2009	Alteration type 1
07/23/2009	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

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

$545,000

-2.7% Y-o-Y

Median price/sq. ft.

$806

-6.6% Y-o-Y

Brooklyn median sale price

$899,000

6% 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 & 45th St at NE Corner

Station lines

Distance (miles)

0.252

View subway map

Access the detailed traffic volume map for 524 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 94 The Henry Longfellow	4	Yes	Public	K-5	970	0.14
BROOKLYN RISE CHARTER SCHOOL	5	No	Charter	K-3	210	0.23
P.S. 1 The Bergen	4	No	Public	PK, K-5	754	0.25
P.S. 1 The Bergen	4	No	Public	PK, K-5	754	0.25
LEEP Dual Language Academy Charter School	7	No	Charter	K-3	387	0.27
School Of Creativity-Innovation	8	No	Public	PK, K-4	198	0.30
School Of Creativity-Innovation	8	No	Public	PK, K-4	198	0.30
Saint Agatha School	NR	No	Private	PK, K-8	193	0.31
Saint Agatha School	NR	No	Private	PK, K-8	193	0.31
Sunset Park Avenue Elementary School	4	No	Public	PK, K-5	349	0.35

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Saint Agatha School	NR	No	Private	PK, K-8	193	0.31
St. Michael Elementary School	NR	No	Private	K-8	0	0.36
Al Madrasa Al Islamiya	NR	No	Private	PK, K-8	0	0.39
Al Madrasa Al Islamiya	NR	No	Private	PK-8	164	0.42
Is 136 Charles O Dewey	2	No	Public	6-8	535	0.44
Sunset Park Prep	5	No	Public	6-8	440	0.44
Jhs 220 John J Pershing	7	No	Public	6-8	1,229	0.53
Tomer Dvora School	NR	No	Private	1-8	519	0.55
MS 936 ARTS OFF 3RD	8	No	Public	6-8	445	0.66

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 371 Lillian L Rashkis	NR	No	Public	9-12	209	0.61
Yeshiva & Mesivta V'yoel Moshe	NR	No	Private	9-12	702	0.65
Sunset Park High School	4	No	Public	9-12	1,418	0.73
Yeshiva Tiferes Shmiel	NR	No	Private	9-12	0	0.73
Bais Brocho of Karlin Stolin	NR	No	Private	K-12	0	0.73
Yeshiva Tiferes Shmiel d'ALEKSANDER	NR	No	Private	9-12	177	0.73
Nesivos Bais Yaakov	NR	No	Private	PK, K-11	0	0.75
West Brooklyn Community High School	3	No	Public	10-12	161	0.87
High School of Telecommunication Arts and Technology	6	No	Public	9-12	1,273	0.98

Nearby ZIP codes for 524 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 524 48th Street, Brooklyn, NY 11220?

The development at 524 48th Street, Brooklyn, NY 11220 was built in 1899.

What is the total square footage of 524 48th Street, Brooklyn, NY 11220?

524 48th Street, Brooklyn, NY 11220 has a total of 2,852 square feet.

When was 524 48th Street, Brooklyn, NY 11220 last sold and what was the sale price?

524 48th Street, Brooklyn, NY 11220 was last sold on 12/21/2015 for $1,200,000.

What is the assessed value of 524 48th Street, Brooklyn, NY 11220?

524 48th Street, Brooklyn, NY 11220 is currently assessed at $84,060.

What are the property taxes for 524 48th Street, Brooklyn, NY 11220?

The property taxes for 524 48th Street, Brooklyn, NY 11220 total $8,626.

How many residential units does this building have?

This building has 2 residential unit(s).

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.