48 4TH Avenue Brooklyn, NY $ 3,600,000
48 4TH Avenue
$ 3,600,000
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48 4TH Avenue

Brooklyn, NY, 11217
$ 3,600,000
Bedrooms7 Baths3.0 Sq 3,200

Monthly Estimate*

$ 22,731

48 4TH Avenue, Brooklyn, NY 11217 - Image 1
48 4TH Avenue, Brooklyn, NY 11217 - Image 2
48 4TH Avenue, Brooklyn, NY 11217 - Image 3
48 4TH Avenue, Brooklyn, NY 11217 - Image 4

Multi-Family Home for sale in Brooklyn, NY

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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Multi-Family Active

Price

$ 3,600,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,400

Style

Year Built

1900

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

RLS20110936

List By
Anthony L Morris

Listing Agent

Corcoran Group

Broker

(646) 523-5711

Phone

Affordability Calculator

$23,181
Per Month
98%
2%
0%
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.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
8/25/2026$3,600,000 Listed Price

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48 4TH Avenue, Brooklyn, NY, 11217 is a Multi-Family Home for sale at $3,600,000 with 3,200 sqft. 48 4TH Avenue has 7 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 11217 which is in Brooklyn, NY