New York City  »  11219  »  48th St  »  959 48th St

959 48th Street, Brooklyn, NY 11219 Property Information

959 48th Street, Brooklyn, NY 11219 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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959 48th Street, Brooklyn, NY 11219 1
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Address

Primary address 959 48th Street
Neighborhood Borough Park
Zip code 11219
Borough Brooklyn
Block & lot 05625-0054

Sales & Tax Overview for 959 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 959 48th Street, Brooklyn

Lot sq. ft. 2,504
Lot dimensions 25 ft x 100.17 ft
Property type Office Only 2-6 Stories (O2)
Building sqft 2,747
Building dimensions 20.5 ft x 67 ft
Buildings on lot 1
Stories 2
Year built 1931
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Zoning & Use for 959 48th Street, Brooklyn

Zoning
Commercial units 1
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 12
Closest police station 1.05 Miles
Closest fire station 0.40 Miles

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

Other Property Data for 959 48th Street, Brooklyn

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Floor area ratio (FAR) for 959 48th Street, Brooklyn, NY 11219, 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 959 48th Street, Brooklyn, NY 11219, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 959 48th Street, Brooklyn

How many square feet does 959 48th Street, Brooklyn, NY 11219 have?

This Office Only 2-6 Stories (O2) located at 959 48th Street, Brooklyn, NY 11219 has a total of 2,747 square feet.

What is the year built & the current market value of 959 48th Street, Brooklyn, NY 11219?

959 48th Street, Brooklyn, NY 11219 was built in 1931 and has a current tax assessor's market value of $532,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 959 48th Street, Brooklyn

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Property owner name for 959 48th Street, Brooklyn, NY 11219
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Building contacts for 959 48th Street, Brooklyn, NY 11219
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
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Past Sales & Property History for 959 48th Street, Brooklyn

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No recorded sales for this property.

Title Documents for 959 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
08/06/2020 - D
09/15/2020 - R
Satisfaction of Mortgage
(2020082800287001)
03/21/2013 - D
04/11/2013 - R
Assignment, Mortgage
(2013032800607010)
05/09/1996 - R Mortgage
(3800005177580)
03/25/1992 - R Declaration
(3250001676725)
12/19/1990 - R Mortgage
(3860001587786)
12/18/1990 - R Uniform Commercial Code 1
(3070001863607)
11/09/1987 - R Satisfaction of Mortgage
(3490001314149)
03/10/1970 - R Mortgage
(37030039801217)
03/10/1970 - R Deed
(37030039801215)
12/21/1966 - R Mortgage
(36630032100448)
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R: Recorded date
D: Document date

Property Taxes for 959 48th Street, Brooklyn

Access detailed property tax data for 959 48th Street, Brooklyn, NY 11219. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $0
Tax assessor's market value: $532,000
Assessed value: $239,400
Exemptions granted by city:

Assessment History for 959 48th Street, Brooklyn

Here's the assessment & property tax history for 959 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 $532,000 $239,400 $0 10.848% $23,471 $0 n/a
2024/25 $549,000 $247,050 $0 10.762% $22,858 $0 n/a
2023/24 $488,000 $219,600 $0 10.592% $21,582 $0 n/a
2022/23 $463,000 $208,350 $0 10.646% $21,290 $0 n/a
2021/22 $372,000 $167,400 $0 10.755% $18,004 $0 n/a

Permits for 959 48th Street, Brooklyn

The complete history of permits filed for 959 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.

No recorded permits for this property.

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)

Transportation

Distance to Subway
Closest station New Utrecht Ave & 45th St at NW Corner
Station lines D
Distance (miles) 0.224
View subway map
Bus Routes
Name 49 ST/10 Av
Line B11
Distance (miles) 0.066

Neighbors for 959 48th Street, Brooklyn

Here are the neighbors for 959 48th Street, Brooklyn, NY 11219.

Address Square feet Purchase date Purchase price
961 48th St, Brooklyn 2,680 07/08/1999
949 48th St, Brooklyn 2,680 11/04/2016
929 48th St, Brooklyn 2,747 04/01/2009
971 48th St, Brooklyn 2,747 02/27/1969
973 48th St, Brooklyn 2,747 01/31/1969
4706 10th Ave, Brooklyn 23,133 09/07/2023 $14,500,000
947 48th St, Brooklyn 2,680 03/18/1981
943 48th St, Brooklyn 2,680 03/14/1989
941 48th St, Brooklyn 2,746 10/28/2013
983 48th St, Brooklyn 3,066 08/09/1974
965 48th St, Brooklyn 2,747 12/23/1982
977 48th St, Brooklyn 2,747 12/28/1970
979 48th St, Brooklyn 2,814 04/21/1975
974 47th St, Brooklyn 16,800 02/09/1989
955 48th St, Brooklyn 2,680 08/09/2021 $1,670,000
953 48th St, Brooklyn 2,747 11/04/2016
937 48th St, Brooklyn 2,680 02/12/2016
935 48th St, Brooklyn 2,680 02/03/2010 $1,060,000
931 48th St, Brooklyn 2,747 12/22/1969
967 48th St, Brooklyn 2,747 05/19/1969
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