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    228 48Th St Brooklyn, NY 11203

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    For Sale
    $4,388,000

    Located in Sunset Park's growing commercial district with excellent transport.

    Property size:
    11,000 SF
    Lot size:
    0.63 Acres

    Property Features for 228 48Th St

    General Information

    Size
    11,000 SF
    Lot size
    0.63 Acres

    Source: SAB Agent Jake Torre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Industrial Corridor Property

    This industrial property is situated in the central Sunset Park industrial corridor, located in the heart of Brooklyn’s fastest-growing commercial district. The property offers convenient subway connections via the 45th Street N, R, D station. It also provides direct access to the BQE (Brooklyn-Queens Expressway) and proximity to the Hugh L. Carey Tunnel, offering access to Lower Manhattan in approximately 15 minutes. The property has a size of 11000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Machri Industries Powder Coating Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.93312
    Latitude
    40.656326

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    FAQs

    What type of property is this?
    Industrial property - Located in Sunset Park's growing commercial district with excellent transport.
    Where is this industrial property located?
    The property is located at 228 48Th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $4,388,000.
    What are key features of this property?
    This property features: - Central location in Sunset Park Industrial Corridor, Brooklyn's fastest-growing commercial district.; - Direct access to BQE (Brooklyn-Queens Expressway).; - Convenient subway connections: 45th Street “N, R, D” Station.
    (646) 809-8856
    Request Owner's contact information
    228 48Th St Brooklyn, NY 11203
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    Brooklyn, NY 11203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    228 48Th St Brooklyn, NY 11203
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