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First Avenue Rail Yard - 48 43rd Street, Brooklyn, NY 11232 Property Information

First Avenue Rail Yard - 48 43rd Street, Brooklyn, NY 11232 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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First Avenue Rail Yard - 48 43rd Street, Brooklyn, NY 11232 1
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Address

Building name First Avenue Rail Yard
Primary address First Avenue Rail Yard - 48 43rd Street
Secondary address 38-60 43rd St
Neighborhood Sunset Park
Zip code 11232
Borough Brooklyn
Block & lot 00725-0100

Sales & Tax Overview for 48 43rd Street, Brooklyn

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Tax class

Lot & Building Information for 48 43rd Street, Brooklyn

Lot sq. ft. 700,047
Lot dimensions 1810 ft x 225 ft
Property type Miscellaneous Utility Property (U9)
Buildings on lot 1
Status
Status date
Frontage(s) Pier (narrow)
Gowanus Creek Shoreline (narrow)
51 Street (narrow)
Nearest wide street 43 Street
Distance to wide street
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Zoning & Use for 48 43rd Street, Brooklyn

Zoning

Area Overview

Walk Score
69 /100. Somewhat Walkable
Transit Score
87 /100. Excellent Transit
Bike Score
77 /100. Very Bikeable

School district 15
Community district 7
Closest police station 0.75 Miles
Closest fire station 0.46 Miles

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

Other Property Data for 48 43rd Street, Brooklyn

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Floor area ratio (FAR) for First Avenue Rail Yard - 48 43rd Street, Brooklyn, NY 11232, 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 First Avenue Rail Yard - 48 43rd Street, Brooklyn, NY 11232, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 38-60 43rd St, Brooklyn, NY 11232

About 48 43rd Street, Brooklyn

Ownership Information for 48 43rd Street, Brooklyn

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Property owner name for First Avenue Rail Yard - 48 43rd Street, Brooklyn, NY 11232
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Building contacts for First Avenue Rail Yard - 48 43rd Street, Brooklyn, NY 11232
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
$4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 48 43rd Street, Brooklyn

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No recorded sales for this property.

Title Documents for 48 43rd 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
02/14/2023 - D
02/27/2023 - R		 Zoning Lot Description
(2023022700108002)
02/14/2023 - D
02/27/2023 - R		 Certificate
(2023022700108001)
09/11/2020 - R UCC3 Termination
(2020091000890002)
09/11/2020 - R Initial Coop UCC1
(2020091000890001)
05/29/2013 - D
06/13/2013 - R		 Sundry Miscellaneous
(2013053100388001)
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R: Recorded date
D: Document date

Property Taxes for 48 43rd Street, Brooklyn

Access detailed property tax data for First Avenue Rail Yard - First Avenue Rail Yard - 48 43rd Street, Brooklyn, NY 11232. 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: $0
Assessed value: $0

More about New York City Property Taxes

Assessment History for 48 43rd Street, Brooklyn

Data not available for this property.

Permits for 48 43rd Street, Brooklyn

The complete history of permits filed for 48 43rd 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
03/27/2026 Alt-CO - new building with existing elements to remain
03/27/2026 Alteration CO
03/27/2026 Alteration CO
03/27/2026 Alteration CO
03/27/2026 Alteration CO
03/27/2026 Alt-CO - new building with existing elements to remain
03/26/2026 Alt-CO - new building with existing elements to remain
03/26/2026 Alt-CO - new building with existing elements to remain
03/26/2026 New building
08/01/2023 New building
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More about New York City Property Records

Sunset Park Residential Market Stats

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

Median Sale Price
$587,500
2.6% YoY
Median Price/Sqft
$863
0.3% YoY
Brooklyn Median Sale Price
$885,000
2.5% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): 0.2,AE,X (See more on map)
Hurricane evacuation zone: 1 (See more on map)

Transportation

Distance to Subway
Closest station 4th Ave & 45th St at NW Corner
Station lines R
Distance (miles) 0.48
View subway map
Bus Routes
Name 53 ST/1 Av
Line B11
Distance (miles) 0.273

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 1 The Bergen 4 Yes Public PK, K-5 754 0.44
P.S. 1 The Bergen 4 Yes Public PK, K-5 754 0.44
Al Madrasa Al Islamiya NR No Private PK, K-8 0 0.41
Al Madrasa Al Islamiya NR No Private PK, K-8 0 0.41
Al Madrasa Al Islamiya NR No Private PK-8 164 0.42
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Al Madrasa Al Islamiya NR No Private PK, K-8 0 0.41
Al Madrasa Al Islamiya NR No Private PK-8 164 0.42
St. Michael Elementary School NR No Private K-8 0 0.52
Sunset Park Prep 5 No Public 6-8 440 0.56
Is 136 Charles O Dewey 2 No Public 6-8 535 0.56
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 371 Lillian L Rashkis NR No Public 9-12 209 0.68
Sunset Park High School 4 No Public 9-12 1,418 0.77
High School of Telecommunication Arts and Technology 6 No Public 9-12 1,273 1.10
Yeshiva & Mesivta V'yoel Moshe NR No Private 9-12 702 1.32
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim NR No Private PK-12 727 1.36
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 48 43rd Street, Brooklyn

Here are the neighbors for First Avenue Rail Yard - First Avenue Rail Yard - 48 43rd Street, Brooklyn, NY 11232.

Address Square feet Purchase date Purchase price
252 43rd St, Brooklyn 1,667 02/12/2025
4524 3rd Ave, Brooklyn 7,200 02/10/2016
4324 1st Ave, Brooklyn
141 47th St, Brooklyn 7,613 06/30/2014 $1,900,000
161 43rd St, Brooklyn 6,000 12/18/2015 $4,500,000
160 42nd St, Brooklyn 5,360 10/24/1997
267 44th St, Brooklyn 3,600 06/16/2021
230 45th St, Brooklyn 05/18/2017
320 40th St, Brooklyn 484
353 43rd St, Brooklyn 04/04/1966
258 42nd St, Brooklyn 2,250 08/22/2014
4006 3rd Ave, Brooklyn 2,306 10/29/2007
123 47th St, Brooklyn 15,174
4525 8th Ave, Brooklyn 40,467 06/20/2018 $28,000,000
259 43rd St, Brooklyn 11/19/2021 $2,800,000
220 42nd St, Brooklyn 6,250 02/17/2011
4323 2nd Ave, Brooklyn 4,900 12/31/2000
254 43rd St, Brooklyn 3,388 07/24/2024
4614 2nd Ave, Brooklyn 5,430 05/05/2000
215 43rd St, Brooklyn 06/02/2025 $2,150,000
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