Kings  »  11203  »  E 48th St  »  998 E 48th St

998 East 48th Street, Brooklyn, NY 11203 - Property report

Also known as: 998 E 48th St

Property image for 998 East 48th Street, Brooklyn, NY 11203
static Mapbox map

Property type

Fireproof Warehouse (E1)

Year built

1960

Lot sq. ft.

6,000

General information

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Address
Primary address
998 East 48th Street
Alternate address(es)
998-1004 E 48th St
ZIP code
11203
Neighborhood
East Flatbush
Borough
Brooklyn
Block & lot
04786-0014

Owner

Find out who owns 998 East 48th Street, Brooklyn, NY 11203. Uncover corporate and individual owners with a free account.

Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
12,000
Building dimensions
60 ft x 100 ft
Buildings on lot
1
Stories
2
Year built
1960
Building material
Tax
Tax year
2026-2027
Property tax
$43,485
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
60 ft x 100 ft
Lot sq. ft.
6,000

Area overview

Walk score
85 /100.  Very Walkable
Transit score
80 /100.  Excellent Transit
Bike score
56 /100.  Bikeable
School district
18
Community district
17
Closest police station
0.80 Miles
Closest fire station
0.93 Miles

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

Ownership

Ownership information for 998 East 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 998 East 48th Street, Brooklyn, NY 11203

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/05/2024 - R
11/25/2024 - D		 Assignment of Leases and Rents
(2024120200781002)		 XXXX XXXXXX XXXX XXXXX XX XXXXXX
12/05/2024 - R
11/25/2024 - D		 Mortgage
(2024120200781001)		 XXXX XXXXXX XXXX XXXXX XX XXXXXX
12/02/2024 - R
11/25/2024 - D		 Both RPTT and RETT
(2024112700225001)		 XXXXX XX XXXXXX XXXXX XX XXXXXX
12/05/2024 - R
09/10/2024 - D		 Satisfaction of Mortgage
(2024120200781003)		 XXXX XXXXXX XXXX XXXXXXXX XXXXXX XXXXXXXXXX
12/17/2015 - R Initial UCC1
(2015120700220001)		 XXXXX XXXXXX XX XXXXX XXXXXX XX
07/01/2002 - R Discharge of Tax Lien
(3630008747063)		 XXXX XX XXX XXXX
05/16/2000 - R Sundry Miscellaneous
(3990007160499)		 XXXX XX XXX XXXX XXXX XX XXX XXXX
06/29/1999 - R Tax Lien Sale Certificate
(FT_3290006664929)		 XXXX XX XXX XXXX XXXX XX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 998 East 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
$43,485
Municipal exemptions
Recent tax assessments
Market value
$955,000
Assessed value
$429,750

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 $885,000 $398,250 $381,960 10.848% $41,435 $41,435 +0.71%
2024/25 $932,000 $419,400 $382,310 10.762% $41,144 $41,144 +2.04%
2023/24 $879,000 $395,550 $380,690 10.592% $40,323 $40,323 +4.82%
2022/23 $803,000 $361,350 $361,350 10.646% $38,469 $38,469 +6.69%
2021/22 $745,000 $335,250 $335,250 10.755% $36,056 $36,056 -12.59%
2020/21 $991,000 $445,950 $385,740 10.694% $41,251 $41,251 +7.06%
2019/20 $914,000 $411,300 $365,670 10.537% $38,531 $38,531 +5.65%
2018/19 $834,000 $375,300 $346,860 10.514% $36,469 $36,469 +4.22%
2017/18 $763,000 $343,350 $332,820 10.514% $34,993 $34,993 +4.67%
2016/17 $784,000 $352,800 $316,170 10.574% $33,432 $33,432 +4.84%
Permits

Permit information for 998 East 48th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/03/2014 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations 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
Nostrand Ave & Flatbush Ave at NE Corner
Station lines
2-5
Distance (miles)
0.903
View subway map

Access the detailed traffic volume map for 998 East 48th Street, Brooklyn, NY 11203 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 998 East 48th Street, Brooklyn, NY

1020 E 48th St, Brooklyn 4816-4824 Farragut Rd, Brooklyn 1369 Utica Ave, Brooklyn 1403 Utica Ave, Brooklyn 1004-1006 E 49th St, Brooklyn 4706 Farragut Rd, Brooklyn 1387 Utica Ave, Brooklyn 1405 Utica Ave, Brooklyn 998-1002 E 49th St, Brooklyn 4718 Farragut Rd, Brooklyn 1399 Utica Ave, Brooklyn 1006 E 48th St, Brooklyn 994 E 49th St, Brooklyn 1381 Utica Ave, Brooklyn 1469 Schenectady Ave, Brooklyn 4802 Farragut Rd, Brooklyn 988-992 E 49th St, Brooklyn 4702 Farragut Rd, Brooklyn 1461 Schenectady Ave, Brooklyn 1415 Utica Ave, Brooklyn

Nearby ZIP codes for 998 East 48th Street, Brooklyn, NY

11206, New York City, NY 11207, New York City, NY 11210, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11221, New York City, NY 11225, New York City, NY 11226, New York City, NY 11229, New York City, NY 11230, New York City, NY 11233, New York City, NY 11234, New York City, NY 11236, New York City, NY 11237, New York City, NY 11238, New York City, NY 11239, New York City, NY

Frequently asked questions

What is the year built for 998 East 48th Street, Brooklyn, NY 11203?

The development at 998 East 48th Street, Brooklyn, NY 11203 was built in 1960.

What is the market value of 998 East 48th Street, Brooklyn, NY 11203?

The current market value of 998 East 48th Street, Brooklyn, NY 11203 is $955,000.

What is the total square footage of 998 East 48th Street, Brooklyn, NY 11203?

998 East 48th Street, Brooklyn, NY 11203 has a total of 12,000 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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