1647 E 48th Street Brooklyn, NY $ 950,000
1647 E 48th Street
$ 950,000
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1647 E 48th Street

Brooklyn, NY, 11234
$ 950,000
Bedrooms4 Baths2.0 Sq 1,489

Monthly Estimate*

$ 5,849

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Multi-Family Home for sale in Brooklyn, NY

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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Multi-Family Active

Price

$ 950,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,851

Style

Duplex

Lot Size

0.0459

Year Built

1920

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

978246

Features
Interior
Interior 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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General
Sewer 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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Exterior
Parking Features Driveway Garage Driveway Garage
Water Source Public
Building Area Total 1489
Waterfront Y/N N
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Internal Only
Street Number 1 1647
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* Excluded Features
List By
Carlos A. Gaviria

Listing Agent

Instahomes Realty Llc

Broker

516-965-4996

Contact

Affordability Calculator

$6,420
Per Month
91%
9%
0%
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.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2026$950,000 -24.00% Price Down
3/30/2026$1,250,000 Listed Price

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1647 E 48th Street, Brooklyn, NY, 11234 is a Multi-Family Home for sale at $950,000 with 1,489 sqft and a lot size of 0.0459. 1647 E 48th Street has 4 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 11234 which is in Brooklyn, NY