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998 East 48th Street, Brooklyn, NY Property Information

998 East 48th Street, Brooklyn, NY Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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998 East 48th Street, Brooklyn, NY 1
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Address

Primary address 998 East 48th Street
Secondary address 998-1004 E 48th St
Neighborhood East Flatbush
Zip code 11203
Borough Brooklyn
Block & lot 04786-0014

Sales & Tax Overview for 998 East 48th Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class

Lot & Building Information for 998 East 48th Street, Brooklyn

Lot sq. ft. 6,000
Lot dimensions 60 ft x 100 ft
Property type Fireproof Warehouse (E1)
Building sqft 12,000
Building dimensions 60 ft x 100 ft
Buildings on lot 1
Stories 2
Year built 1960
Construction type
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Zoning & Use for 998 East 48th Street, Brooklyn

Zoning
Commercial units 1

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

Other Property Data for 998 East 48th Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 998 East 48th Street, Brooklyn, NY, 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 998 East 48th Street, Brooklyn, NY, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 998-1004 E 48th St, Brooklyn, NY 11203

About 998 East 48th Street, Brooklyn

How many square feet does 998 East 48th Street, Brooklyn, NY have?

This Fireproof Warehouse (E1) located at 998 East 48th Street, Brooklyn, NY has a total of 12,000 square feet.

What is the year built & the current market value of 998 East 48th Street, Brooklyn, NY?

998 East 48th Street, Brooklyn, NY was built in 1960 and has a current tax assessor's market value of $955,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 998 East 48th Street, Brooklyn

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Property owner name for 998 East 48th Street, Brooklyn, NY
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Building contacts for 998 East 48th Street, Brooklyn, NY
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
How to Contact Property Owners: Cold Calling Scripts, Email Templates & Outreach Tips 
Laura Pop-Badiu, Jul 29, 2026 How to Contact Property Owners: Cold Calling Scripts, Email Templates & Outreach Tips 
When it comes to efficiently contacting property owners, the challenge is twofold: First, you need to identify the right owner. Then, you need to reach that owner through the appropriate channel with the right message. Enhanced by effective follow-up tips and tactics, this guide is particularly useful for investors, agents and other real estate professionals who need an effective outreach process.
Brooklyn Emerges as NYC’s Coworking Growth Engine, Manhattan Rents Cross $100 in the Plaza District 
Lucian Alixandrescu, Jul 28, 2026 Brooklyn Emerges as NYC’s Coworking Growth Engine, Manhattan Rents Cross $100 in the Plaza District 
New York City’s office market continued to lead the U.S. in Q2, but internal shifts were most visible in the flex office market. Brooklyn’s coworking inventory grew 6.2% Q-o-Q even as Manhattan’s supply retreated. At the same time, Brooklyn’s asking rents for traditional office leases climbed more than twice as fast as the national average.
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Past Sales & Property History for 998 East 48th Street, Brooklyn

Create a free account to view the complete sales history for 998 East 48th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 998 East 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
12/05/2024 - R
11/25/2024 - D		 Assignment of Leases and Rents
(2024120200781002)
12/05/2024 - R
11/25/2024 - D		 Mortgage
(2024120200781001)
12/02/2024 - R
11/25/2024 - D		 Both RPTT and RETT
(2024112700225001)
12/05/2024 - R
09/10/2024 - D		 Satisfaction of Mortgage
(2024120200781003)
12/17/2015 - R Initial UCC1
(2015120700220001)
07/01/2002 - R Discharge of Tax Lien
(3630008747063)
05/16/2000 - R Sundry Miscellaneous
(3990007160499)
06/29/1999 - R Tax Lien Sale Certificate
(FT_3290006664929)
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R: Recorded date
D: Document date

Property Taxes for 998 East 48th Street, Brooklyn

Access detailed property tax data for 998 East 48th Street, Brooklyn, NY. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $43,485
Tax assessor's market value: $955,000
Assessed value: $429,750

More about New York City Property Taxes

Assessment History for 998 East 48th Street, Brooklyn

Here's the assessment & property tax history for 998 East 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 $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%
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Permits for 998 East 48th Street, Brooklyn

The complete history of permits filed for 998 East 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.

Filing date Job type Job status Job description Initial cost
10/03/2014 Alteration type 2
         
         
         
         
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More about New York City Property Records

Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% 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 Nostrand Ave & Flatbush Ave at NE Corner
Station lines 2-5
Distance (miles) 0.903
View subway map

Neighbors for 998 East 48th Street, Brooklyn

Here are the neighbors for 998 East 48th Street, Brooklyn, NY.

Address Square feet Purchase date Purchase price
1020 E 48th St, Brooklyn 87,265 10/30/2002
4816-4824 Farragut Rd, Brooklyn 4,475 11/15/2000
1369 Utica Ave, Brooklyn 14,000 05/21/2004 $1,800,000
1403 Utica Ave, Brooklyn 2,000 11/27/2023 $815,000
1004-1006 E 49th St, Brooklyn 4,000 10/12/2000
4706 Farragut Rd, Brooklyn 1,392 02/17/2000
1387 Utica Ave, Brooklyn 10,000 06/28/2013 $1,800,000
1405 Utica Ave, Brooklyn 5,000 05/05/2003
998-1002 E 49th St, Brooklyn 4,000 10/09/2001
4718 Farragut Rd, Brooklyn 14,024 01/23/1997
1399 Utica Ave, Brooklyn 4,000 01/29/2018 $855,000
1006 E 48th St, Brooklyn 4,000 12/13/1995
994 E 49th St, Brooklyn 3,950 12/13/1995
1381 Utica Ave, Brooklyn 8,000 09/06/2022
1469 Schenectady Ave, Brooklyn 2,200 05/22/2003
4802 Farragut Rd, Brooklyn 4,000 02/01/2019 $1,300,000
988-992 E 49th St, Brooklyn 4,504 05/22/2013 $700,000
4702 Farragut Rd, Brooklyn 4,050 12/13/2024
1461 Schenectady Ave, Brooklyn 4,000 12/10/2007 $600,000
1415 Utica Ave, Brooklyn 6,000 05/20/2014 $835,000
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