New York City  »  11205  »  Spencer St  »  48 Spencer St

48 Spencer Street, Brooklyn, NY 11205 - Property report

Also known as: 44 Spencer St

Property image for 48 Spencer Street, Brooklyn, NY 11205
static Mapbox map

Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

2005

Lot sq. ft.

12,500

Sale price

$2,900,000

General information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
48 Spencer Street
Alternate address(es)
44 Spencer St
48-52 Spencer St
50 Spencer St
ZIP code
11205
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01715-0103

Owner

Find out who owns 48 Spencer Street, Brooklyn, NY 11205. Uncover corporate and individual owners with a free account.

Building
Property type
Office with Commercial - 1 to 6 Stories (O5)
Building sq. ft.
37,500
Building dimensions
125 ft x 100 ft
Buildings on lot
1
Stories
3
Year built
2005
Last altered
2015
Building material
Sales
Sale date
04/25/2007
Sale price
$2,900,000
Tax
Tax year
2026-2027
Property tax
$183,372
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
125 ft x 100 ft
Lot sq. ft.
12,500

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
93 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
14
Community district
3

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

Ownership

Ownership information for 48 Spencer 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 48 Spencer Street, Brooklyn, NY 11205

Sale date Sale price Buyer name Seller name
04/25/2007 $2,900,000 XXXXXXX XXXXXXX XXXXXXXXXXXX XXX XXX XXXXXXX XXX X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/06/2024 - R UCC3 Continuation
(2024110500796001)		 XXXXXXX XXXXXXX XXXXXXXXXXXX XXX XXXXX XXXXXXX XXXXXXX XXXX
12/02/2019 - R Initial UCC1
(2019120100017007)		 XXXXXXX XXXXXXX XXXXXXXXXXXX XXX XXXXX XXXXXXX XXXXXXX XXXX
12/02/2019 - R UCC3 Termination
(2019120100017001)		 XXXXXXX XXXXXXX XXXXXXXXXXXX XXX XXXXXX XXXXXXX XXXXXXX XXXX
12/02/2019 - R
11/26/2019 - D		 Assignment of Leases and Rents
(2019120100017006)		 XXXXXXX XXXXXXX XXXXXXXXXXXX XXX XXXXX XXXXXXX XXXXXXX XXXX
12/02/2019 - R
11/26/2019 - D		 Agreement
(2019120100017005)		 XXXXXXX XXXXXXX XXXXXXXXXXXX XXX XXXXX XXXXXXX XXXXXXX XXXX
12/02/2019 - R
11/26/2019 - D		 Mortgage
(2019120100017004)		 XXXXXXX XXXXXXX XXXXXXXXXXXX XXX XXXXX XXXXXXX XXXXXXX XXXX
12/02/2019 - R
11/26/2019 - D		 Assignment, Mortgage
(2019120100017003)		 XXXXXX XXXXXXX XXXXXXX XXXX XXXXX XXXXXXX XXXXXXX XXXX
12/02/2019 - R
11/26/2019 - D		 Termination of Assign of L&R
(2019120100017002)		 XXXXXX XXXXXXX XXXXXXX XXXX XXXXXXX XXXXXXX XXXXXXXXXXXX XXX
12/15/2014 - R UCC3 Termination
(2014121500815002)		 XXXXXXX XXXXXXX XXXXXXXXXXXX XXX XXXXXXXXX XXXXXXXX XXXX
12/15/2014 - R UCC3 Termination
(2014121500815001)		 XXXXXXX XXXXXXX XXXXXXXXXXXX XXX XXXXXXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 48 Spencer 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
$183,372
Municipal exemptions
Recent tax assessments
Market value
$4,345,000
Assessed value
$1,955,250

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 $3,869,000 $1,741,050 $1,659,330 10.848% $180,004 $180,004 +4.94%
2024/25 $3,542,000 $1,593,900 $1,593,900 10.762% $171,536 $171,536 +4.41%
2023/24 $3,447,000 $1,551,150 $1,551,150 10.592% $164,298 $164,298 -4.18%
2022/23 $3,579,000 $1,610,550 $1,610,550 10.646% $171,459 $171,459 -6.79%
2021/22 $4,247,000 $1,911,150 $1,710,330 10.755% $183,946 $183,946 +1.51%
2020/21 $3,997,000 $1,798,650 $1,694,490 10.694% $181,209 $181,209 +3.53%
2019/20 $3,693,000 $1,661,850 $1,661,100 10.537% $175,030 $175,030 -4.22%
2018/19 $4,290,000 $1,930,500 $1,738,080 10.514% $182,742 $182,742 +8.71%
2017/18 $4,071,000 $1,831,950 $1,598,760 10.514% $168,094 $168,094 +122.01%
2016/17 $2,388,000 $1,074,600 $716,040 10.574% $75,714 $75,714 +20.16%
Permits

Permit information for 48 Spencer Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/18/2024 Alteration
02/17/2021 Alteration
05/30/2018 Alteration type 2
05/26/2009 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
09/30/2021 E-elevator elevatorrequired

*Most recent DOB violation on record 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
3

Subway & traffic

Closest station
Union Ave & Flushing Ave at SW Corner
Station lines
G
Distance (miles)
0.341
View subway map

Access the detailed traffic volume map for 48 Spencer Street, Brooklyn, NY 11205 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 48 Spencer Street, Brooklyn, NY

427 Amber St, Brooklyn 89 Vernon Ave, Brooklyn 512 Sheffield Ave, Brooklyn 1423 Stanley Ave, Brooklyn 508 Sheffield Ave, Brooklyn 506 Sheffield Ave, Brooklyn 510 Sheffield Ave, Brooklyn 874 Euclid Ave, Brooklyn 1425 Stanley Ave, Brooklyn

Nearby ZIP codes for 48 Spencer Street, Brooklyn, NY

10002, New York City, NY 10003, New York City, NY 10005, New York City, NY 10007, New York City, NY 10009, New York City, NY 10012, New York City, NY 10038, New York City, NY 10278, New York City, NY 11201, New York City, NY 11206, New York City, NY 11211, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11221, New York City, NY 11222, New York City, NY 11225, New York City, NY 11231, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 48 Spencer Street, Brooklyn, NY 11205?

The development at 48 Spencer Street, Brooklyn, NY 11205 was built in 2005.

What is the market value of 48 Spencer Street, Brooklyn, NY 11205?

The current market value of 48 Spencer Street, Brooklyn, NY 11205 is $4,345,000.

What is the total square footage of 48 Spencer Street, Brooklyn, NY 11205?

48 Spencer Street, Brooklyn, NY 11205 has a total of 37,500 square feet.

What is the price per square foot for this property?

$77 per square foot is the price for 48 Spencer Street, Brooklyn, NY 11205.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 18.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

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.

Sign up for a free account