48 4TH Avenue
Brooklyn, NY, 11217 $ 3,600,000
Bedrooms7 Baths3.0 Sq 3,200 Monthly Estimate*
$ 22,731
for $3,600,000 with 7 bedrooms and 3 full baths. This 3,200 square foot home was built in 1900.
Unlock the Potentiаl at 48 4th Αvenuе
A Rаrе Βrooklyn Value‐Αdd & Dеvеloрment Opportunity
Introducing 48 4th Avenue-an exceptional multifamily investment opportunity positioned along one of Brooklyn's most dynamic commercial and residential corridors. Whether you're an investor seeking a value-add acquisition, a developer evaluating future potential, or a long-term owner looking to expand your portfolio, this property offers the flexibility to create value in a highly desirable location.
With the potential to be delivered vacant, 48 4th Avenue presents a unique opportunity to renovate, reposition, redevelop, or reimagine the asset to meet your investment objectives. Opportunities offering this level of flexibility in a prime Brooklyn location are increasingly rare.
For investors pursuing tax-deferred investment strategies, 48 4th Avenue may also warrant consideration as a potential replacement property in a 1031 Exchange, subject to each purchaser's individual investment objectives and consultation with their legal and tax advisors.
Ideally situated on the vibrant 4th Avenue corridor, the property benefits from proximity to established residential neighborhoods, neighborhood retail, restaurants, parks, and convenient public transportation-location fundamentals that continue to attract investors seeking long-term appreciation and redevelopment opportunities.
Investment Highlights
- Multifamily building
- Value-add repositioning opportunity
- Potential for vacant delivery
- Development potential for qualified purchasers to explore
- Attractive opportunity for long-term investors and developers
- May work for buyers considering a 1031 Exchange strategy
- Prime Brooklyn location with excellent connectivity and neighborhood amenities
Properties with this combination of location, flexibility, and future potential seldom become available.
Value-Add. Development Potential. Vacant Delivery. 1031 Exchange Opportunity.
One Property. Multiple Investment Strategies.
Prospective purchasers should consult with their attorney, accountant, and qualified intermediary regarding the applicability of Section 1031 of the Internal Revenue Code to their individual circumstances.
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List ByAnthony L MorrisListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $22,731
- Monthly Property Taxes
- $450
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $1,795,090
Percent of Sale Price 50%
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.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/25/2026 | $3,600,000 | | Listed Price |