1647 E 48th Street
Brooklyn, NY, 11234 $ 950,000
Bedrooms4 Baths2.0 Sq 1,489 Monthly Estimate*
$ 5,849
for $950,000 with 4 bedrooms and 2 full baths. This 1,489 square foot home was built in 1920 on a lot size of 0.0459.
Welcome to 1647 East 48th Street, a standout opportunity on the border of Flatlands and Marine Park in Brooklyn. This beautifully renovated two-family home sits on a 20x100 lot and is being offered as a package deal with an additional 20x100 subdivided parcel for an additional $300,000—creating a rare chance for end-users, investors, or developers to secure both a move-in-ready property and future upside in one purchase. The home itself has been thoughtfully upgraded with high-end finishes and modern design throughout. The exterior features sleek contemporary siding, a fully fenced perimeter, elegant paver walkways, a tranquil backyard pond, and a private driveway leading to a spacious two-car garage. Inside, the property is configured as two fully renovated two-bedroom, one-bath apartments, offering excellent income potential or the ideal setup for owner-occupancy with rental support. Each unit showcases hardwood flooring, generous layouts, and stylish finishes. The first-floor unit features an electric fireplace with a recessed TV included in the sale, a large eat-in kitchen with ample counter space, and a spa-inspired bathroom complete with a motion-sensor toilet and a fogless illuminated mirror. Additional upgrades include a heated Bluetooth-enabled ceiling fan, enhancing both comfort and convenience. Ideally located just off Flatbush Avenue, the property offers easy access to major shopping, dining, banking, and everyday essentials, along with nearby Marine Park’s expansive green spaces, recreational facilities, and scenic outdoor amenities.
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FeaturesInteriorInterior Amenities First Floor Bedroom
Basement Partially Finished
Basement Features Partially Finished
Basement (Y/N) Y
Total Bedrooms 4
Total Baths 2
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GeneralSewer Public Sewer
Heating Electric Steam
Cooling Ductless
Utilities Electricity Connected Natural Gas Available
Garage Spaces 2
Construction Materials Frame
Year Built 1920
Property Subtype Duplex
Tax Year 2025
Parcel Number 07873-0031
County Kings (Brooklyn)
Property Type Residential Income
Garage Y/N Y
Full Baths 2
City New York
Senior Community Y/N N
Number Of Units Total 2
Carport Y/N N
Property Attached Y/N Y
Tax Annual Amount 6851.32
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 46500
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ExteriorParking Features Driveway Garage Driveway Garage
Water Source Public
Building Area Total 1489
Waterfront Y/N N
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* Excluded FeaturesList ByCarlos A. GaviriaListing Agent
Instahomes Realty LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $5,849
- Monthly Property Taxes
- $571
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Brooklyn, NY
Average List Price $1,826,847
Percent of Sale Price 92%
About Brooklyn, NY 2,668,108 Population
8% Since 2002
$ 56,355 Median Income
36.99 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/24/2026 | $950,000 | -24.00% | Price Down |
| 3/30/2026 | $1,250,000 | | Listed Price |