New York City  »  11219  »  48th St  »  1240 48th St

1240 48th Street, Brooklyn, NY 11219 - Property report

Also known as: 1240 48th St

Property image for 1240 48th Street, Brooklyn, NY 11219
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Property type

One Family Attached or Semi-Detached (A5)

Year built

1945

Lot sq. ft.

2,000

Sale price

$350,000

General information

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Address
Primary address
1240 48th Street
ZIP code
11219
Neighborhood
Borough Park
Borough
Brooklyn
Block & lot
05634-0022

Owner

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Building
Property type
One Family Attached or Semi-Detached (A5)
Building sq. ft.
3,459
Building dimensions
20 ft x 53 ft
Buildings on lot
1
Stories
2
Year built
1945
Building material
C Blck + Brick
Exterior wall
Brick/Masonary
Basement
4
Garage type
Basement Garage
Sales
Sale date
05/12/2011
Sale price
$350,000
Tax
Tax year
2026-2027
Property tax
$12,694
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
48 Street (narrow)
Nearest wide street
12 Avenue
Distance to wide street
Lot dimensions
20 ft x 100 ft
Lot sq. ft.
2,000

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
79 /100.  Excellent Transit
Bike score
66 /100.  Bikeable
School district
15
Community district
12
Closest police station
0.70 Miles
Closest fire station
0.29 Miles

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

Ownership

Ownership information for 1240 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 1240 48th Street, Brooklyn, NY 11219

Sale date Sale price Buyer name Seller name
05/12/2011 $350,000 X XXXXX XXX XXXXXXXX, XXXXXXX XXX XXXXXXXX, XXXXX
02/19/2004 $730,000 XXXXXXXX, XXXXXXX XXX XXXXXXXX, XXXXX XXXXXXXXXX, XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/17/2026 - D
02/17/2026 - R		 Satisfaction of Mortgage
(2026021700439001)		 X XXXXX XXX XXX XXXXXXX XXXX
11/08/2024 - R
10/30/2024 - D		 Assignment, Mortgage
(2024110401192001)		 XXXXXX XXX XXX XXXXXXXX XXXXX
03/06/2023 - R
02/23/2023 - D		 Assignment, Mortgage
(2023030600462001)		 XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX XXX XXXXXXXX XXXXX
09/23/2022 - R
08/29/2022 - D		 Mortgage
(2022092100898001)		 XXXXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXX XXXXX
07/08/2021 - R
06/15/2021 - D		 Agreement
(2021070200010002)		 XXXXXXXX XXXXXXX XXXX
07/08/2021 - R
06/15/2021 - D		 Mortgage
(2021070200010001)		 XXXXXXXX XXXXXXX XXXX
02/12/2019 - R
01/28/2019 - D		 Satisfaction of Mortgage
(2019012800472001)		 XXXXXX XXXX XXXXXXXXX XXXX X X
01/28/2019 - R
01/17/2019 - D		 Agreement
(2019012700002004)		 XXXXXXXX XXXXXXX XXXX
01/28/2019 - R
01/17/2019 - D		 Mortgage
(2019012700002003)		 XXXXXXXX XXXXXXX XXXX
01/28/2019 - R
01/11/2019 - D		 Assignment, Mortgage
(2019012700002002)		 XXXX XX XXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1240 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
$12,694
Municipal exemptions
Recent tax assessments
Market value
$1,828,000
Assessed value
$109,680

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 $2,099,000 $125,940 $63,971 19.843% $12,694 $12,694 -0.46%
2024/25 $1,908,000 $114,480 $63,490 20.085% $12,752 $12,752 +6.00%
2023/24 $1,905,000 $114,300 $59,897 20.085% $12,030 $12,030 +4.83%
2022/23 $1,647,000 $98,820 $56,507 20.309% $11,476 $11,476 +7.84%
2021/22 $1,621,000 $97,260 $53,309 19.963% $10,642 $10,642 -5.14%
2020/21 $1,966,000 $117,960 $53,309 21.045% $11,219 $11,219 +0.18%
2019/20 $1,969,000 $118,140 $52,908 21.167% $11,199 $11,199 +7.25%
2018/19 $1,536,000 $92,160 $49,914 20.919% $10,442 $10,442 +8.78%
2017/18 $1,457,000 $87,420 $47,089 20.385% $9,599 $9,599 +8.09%
2016/17 $1,079,000 $64,740 $44,424 19.991% $8,881 $8,881 +2.23%
Permits

Permit information for 1240 48th Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Borough Park residential market stats

Access a detailed real estate market overview of Borough Park so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Borough Park and compare it to other neighborhoods in Brooklyn.

Median sale price

$999,000

-0.1% Y-o-Y

Median price/sq. ft.

$858

7.4% 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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
New Utrecht Ave & 50th St at NE Corner
Station lines
D
Distance (miles)
0.096
View subway map

Access the detailed traffic volume map for 1240 48th Street, Brooklyn, NY 11219 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. 131 6 Yes Public PK, K-5 583 0.32
P.S. 131 6 Yes Public PK, K-5 583 0.32
Talmud Torah Chatzar Hakodesh NR No Private K-12 0 0.18
Yeshiva Jesode Hatorah NR No Private PK, K-8 287 0.19
Yeshiva Jesode Hatorah NR No Private PK, K-8 287 0.19
Congregation Machna Shalva NR No Private PK-12 2,340 0.20
Congregation Machna Shalva NR No Private PK-12 2,340 0.20
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 220 John J Pershing 7 Yes Public 6-8 1,229 0.53
Talmud Torah Chatzar Hakodesh NR No Private K-12 0 0.18
Yeshiva Jesode Hatorah NR No Private PK, K-8 287 0.19
Congregation Machna Shalva NR No Private PK-12 2,340 0.20
Bais Esther School NR No Private PK-12 1,186 0.20
Yeshiva Tiferes Bunim NR No Private PK-8 106 0.20
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Talmud Torah Chatzar Hakodesh NR No Private K-12 0 0.18
Yeshiva Tiferes Elimelech NR No Private 9-12 151 0.20
Congregation Machna Shalva NR No Private PK-12 2,340 0.20
Bais Esther School NR No Private PK-12 1,186 0.20
Midrash L'man Achai NR No Private 9-12 37 0.22

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 1240 48th Street, Brooklyn, NY

1216 48th St, Brooklyn 1214 48th St, Brooklyn 1207 49th St, Brooklyn 1260 48th St, Brooklyn 1220 48th St, Brooklyn 4802 12th Ave, Brooklyn 4801 New Utrecht Ave, Brooklyn 1115 49th St, Brooklyn 1256 48th St, Brooklyn 1262 48th St, Brooklyn 1266 48th St, Brooklyn 1270 48th St, Brooklyn 4802 13th Ave, Brooklyn 1268 48th St, Brooklyn 1222 48th St, Brooklyn 1248 48th St, Brooklyn 1238 48th St, Brooklyn 1250 48th St, Brooklyn 1252 48th St, Brooklyn

Nearby ZIP codes for 1240 48th Street, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11204, New York City, NY 11209, New York City, NY 11210, New York City, NY 11214, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11220, New York City, NY 11223, New York City, NY 11224, New York City, NY 11225, 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 1240 48th Street, Brooklyn, NY 11219?

The development at 1240 48th Street, Brooklyn, NY 11219 was built in 1945.

What is the total square footage of 1240 48th Street, Brooklyn, NY 11219?

1240 48th Street, Brooklyn, NY 11219 has a total of 3,459 square feet.

When was 1240 48th Street, Brooklyn, NY 11219 last sold and what was the sale price?

1240 48th Street, Brooklyn, NY 11219 was last sold on 05/12/2011 for $350,000.

What is the assessed value of 1240 48th Street, Brooklyn, NY 11219?

1240 48th Street, Brooklyn, NY 11219 is currently assessed at $109,680.

What are the property taxes for 1240 48th Street, Brooklyn, NY 11219?

The property taxes for 1240 48th Street, Brooklyn, NY 11219 total $12,693.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

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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.

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