Two-Family Duplex with Private
For Sale
$2,680,000
775 48th Street, Brooklyn, NY 11220
MULTI_FAMILY - Brooklyn, NY
Property Size3,840 SF
Lot Size0.05 Acres
Price / SF$697.92
Days on Market268
Property Features for 775 48th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
r6-c24
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 7, Bedroom 2, Bathroom 3, Bedroom 8, Bedroom 6
Basement
Full, Finished
Subdivision
Sunset Park
Standard status
Active
Size
3,840 SF
Lot size
0.05 Acres
Amenities
private driveway
yard
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
ZaiYou (Joe) Zhu
(718) 612-3088
Added: Nov 7, 2025
Changed: Jul 31
Last Checked: Aug 2 at 11:06PM
MLS# 497189
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-family duplex at 775 48th Street in Brooklyn is a 3-story property with a private driveway and yard. The building measures 20' x 64' on a 20' x 100' lot, and it totals 3,840 square feet. The zoning is R6 with a C2-4 overlay, with Residential FAR 2.43 and Facility FAR 4.8, creating flexibility for different occupancy plans.
The property is located in Brooklyn (11220), in Kings County.
The current layout supports multiple bedrooms and bathrooms across the two-family configuration, making it suitable for an end user looking to live in one unit while renting the other, or for investors seeking a live/rent style setup.
The property is located in Brooklyn (11220), in Kings County.
The current layout supports multiple bedrooms and bathrooms across the two-family configuration, making it suitable for an end user looking to live in one unit while renting the other, or for investors seeking a live/rent style setup.
Key Highlights
- 20' x 64' two‑family duplex on a 20' x 100' lot with a private driveway and yard
- 3 stories with 3,840 SF total building size
- Zoned R6‑C24 with a C2‑4 overlay
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $170.5k | $44.40 |
| − Vacancy | −$7.2k | −$1.86 |
| EGI | $163.3k | $42.54 |
| − OpEx | −$49.0k | −$12.76 |
| NOI | $114.3k | $29.77 |
3,840 SF · lease $44.40/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.63M
$1.43M – $1.91M
NOI $114,335 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$1.46M
$1.28M – $1.71M
NOI $102,400 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$2.49M
$2.18M – $2.90M
NOI $174,256 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
7,195
Businesses Nearby
Explore this area
Business Placement
Demographics for 11220, NY
105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family duplex, zoned R6-C24, with a private driveway and yard.
Where is this duplex located?
The property is located at 775 48th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,680,000.
What are key features of this property?
This property features: 20' x 64' two‑family duplex on a 20' x 100' lot with a private driveway and yard; 3 stories with 3,840 SF total building size; Zoned R6‑C24 with a C2‑4 overlay
