Three-Family Brick
414 48th St Brooklyn, NY 11220
For Sale
$1,749,000
Semi-detached three-family brick home with seven bedrooms, three full baths, full basement, and fenced backyard.
Property Size2,700 SF
Price / SF$647.78
Days on Market91
Property Features for 414 48th St
General Information
Standard status
Active
Size
2,700 SF
Property subtype
Multi Family
Building Details
Year Built
1910
Listing Agency:
Real Broker LLC
(718) 269-4598
Listed By:
Eddie Anwar Arib
(718) 269-4598
Source:
Elliman
Added: Apr 28
Changed: Jul 23
Last Checked: Jul 23 at 9:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker LLC
Investment Insights
Based on property information with market context.
Semi-detached, three-family brick residence offering 3 full stories above ground plus a full basement. The property includes a total of 7 bedrooms and 3 full bathrooms within approximately 2,700 SF of living space. A spacious fenced backyard provides private outdoor area.
Located in Sunset Park, the home is described as convenient to Industry City, express subway lines to Manhattan, major transportation, parks, restaurants, and shopping.
This well maintained multi-family property is set up for either an end user or an investor seeking a straightforward residential income opportunity.
Located in Sunset Park, the home is described as convenient to Industry City, express subway lines to Manhattan, major transportation, parks, restaurants, and shopping.
This well maintained multi-family property is set up for either an end user or an investor seeking a straightforward residential income opportunity.
Key Highlights
- Semi‑detached 3‑family brick home built in 1910 with 2700 SF of living space
- 3 full stories above ground plus a full basement
- Total of 7 bedrooms and 3 full bathrooms
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 | $119.9k | $44.40 |
| − Vacancy | −$5.0k | −$1.86 |
| EGI | $114.8k | $42.54 |
| − OpEx | −$34.5k | −$12.76 |
| NOI | $80.4k | $29.77 |
2,700 SF · lease $44.40/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.15M
$1.00M – $1.34M
NOI $80,392 @ 7.0% cap · market cap 4.60%
Second Best
Apartment 5plus
$1.03M
$900.0K – $1.20M
NOI $72,000 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,524 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Semi-detached three-family brick home with seven bedrooms, three full baths, full basement, and fenced backyard.
Where is this triplex located?
The property is located at 414 48th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,749,000.
What are key features of this property?
This property features: Semi‑detached 3‑family brick home built in 1910 with 2700 SF of living space; 3 full stories above ground plus a full basement; Total of 7 bedrooms and 3 full bathrooms
