Detached Two-Family Home with Private
1211 E 48th Street Brooklyn, NY 11234
MULTI_FAMILY - Brooklyn, NY
Property size:
1,840 SFLot size:
0.06 AcresPrice / SF:
$460/SF- Added:
- May 11, 2026
- Days on Market:
- 61
- Last Refresh:
- Jul 10 at 10:06 am
Property Features for 1211 E 48th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 1
- Parking features
- Garage - Detached
- Patio and Porch features
- Porch
- Interior features
- A/C Unit - Wall, Dishwasher, Dryer, Laundry Area, Porch, Refrigerator, Stove, Washer
- Basement
- Finished
- Standard status
- Active
- Size
- 1,840 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6773
Building Details
- Year built
- 1940
- Number of units
- 2
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
Listing agent Yu-Fen (Madeline) Chiu (718) 612-3088
Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY (718) 612-3088
Listing date May 11, 2026
MLS# 501222
Listing URL
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.
Detached two-family home at 1211 E 48th Street in Brooklyn, NY 11234, set within R4 zoning on a 25x100 lot. The property is owner-maintained and in excellent move-in condition, with a walk-in lower level that has separate front and rear entrances. The main level opens to a bright front sunroom, followed by a spacious formal living and dining area with high ceilings, hardwood flooring, and solid wood extended wainscoting. A sun-filled kitchen provides ample cabinet storage and natural light, with direct access to the backyard and an outdoor terrace. A half bathroom and laundry room are also on the first floor. The second floor features three comfortable bedrooms with ample closet space, plus a full bathroom with a bathtub and standing shower.
The walk-in lower level offers flexible living space that can support a variety of uses, along with storage areas, a laundry room, a boiler room, and an updated full bathroom. Outside, the home includes a backyard, private driveway, and two-car garage. The listing notes a quiet, tree-lined residential setting near Kings Highway and East 48th Street. Transportation options referenced include the B41 and B46 local buses, along with BM1 and BM2 express buses to Manhattan, and proximity to everyday amenities such as shopping, restaurants, schools, and parks.
This configuration can suit buyers looking for a detached two-family residence with multiple levels and separate entrances, including an adaptable lower level. The home’s established indoor layout—sunroom, formal living/dining areas, multiple bedrooms, and updated bathroom in the lower level—may be especially useful for owners seeking flexible space while retaining a classic, well-cared-for setting.
The walk-in lower level offers flexible living space that can support a variety of uses, along with storage areas, a laundry room, a boiler room, and an updated full bathroom. Outside, the home includes a backyard, private driveway, and two-car garage. The listing notes a quiet, tree-lined residential setting near Kings Highway and East 48th Street. Transportation options referenced include the B41 and B46 local buses, along with BM1 and BM2 express buses to Manhattan, and proximity to everyday amenities such as shopping, restaurants, schools, and parks.
This configuration can suit buyers looking for a detached two-family residence with multiple levels and separate entrances, including an adaptable lower level. The home’s established indoor layout—sunroom, formal living/dining areas, multiple bedrooms, and updated bathroom in the lower level—may be especially useful for owners seeking flexible space while retaining a classic, well-cared-for setting.
Key Highlights
- Detached two‑family home built in 1940 with brick construction
- 25x100 lot with private driveway, backyard, and detached two‑car garage
- Walk‑in lower level with separate front and rear entrances plus an updated full bathroom
Local 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 | $93.8k | $51.00 |
| − Vacancy | −$1.8k | −$0.97 |
| EGI | $92.1k | $50.03 |
| − OpEx | −$27.6k | −$15.01 |
| NOI | $64.4k | $35.02 |
1,840 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$920.6K
$805.5K – $1.07M
NOI $64,440 @ 7.0% cap · market cap 7.60%
Second Best
Apartment 5plus
$802.5K
$702.2K – $936.2K
NOI $56,173 @ 7.0% cap · market cap 6.62%
Theoretical Best
Specialty Retail
$1.52M
$1.33M – $1.78M
NOI $106,646 @ 7.0% cap · market cap 12.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-family home with a walk-in lower level, private driveway, and two-car garage in Brooklyn’s R4 zoning area.
Where is this duplex located?
The property is located at 1211 E 48th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $848,000.
What are key features of this property?
This property features: Detached two‑family home built in 1940 with brick construction; 25x100 lot with private driveway, backyard, and detached two‑car garage; Walk‑in lower level with separate front and rear entrances plus an updated full bathroom
