Multifamily Building with Repositioning
New
For Sale
$3,600,000
48 4TH Ave, Brooklyn, NY 11217
Potential vacant delivery supports renovation, repositioning, or redevelopment planning.
Property Size3,200 SF
Days on Market6
Property Features for 48 4TH Ave
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,400
Building Details
Building Size
3,200 SF
Year Built
1900
Units
3
Listing Agency:
Corcoran Group
(646) 523-5711
Listed By:
Anthony L Morris · License #30MO0951810
(646) 523-5711
Source:
Elliman
Added: Aug 26
Changed: Aug 29
Last Checked: Aug 29 at 3:11PM
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 Corcoran Group
Investment Insights
Based on property information with market context.
This multifamily property at 48 4th Avenue was built in 1900 and is offered with the possibility of vacant delivery. The configuration supports several approaches, including renovation, repositioning, or redevelopment, subject to purchaser evaluation and applicable approvals.
The property sits along the 4th Avenue corridor in Brooklyn, near residential neighborhoods, retail, restaurants, parks, and public transportation. Walk Score, transit access, and bicycle access are each rated at 100, 100, and 91, respectively. The asset may also be evaluated by purchasers considering a 1031 Exchange, with tax and legal treatment subject to individual circumstances and professional advice.
The property sits along the 4th Avenue corridor in Brooklyn, near residential neighborhoods, retail, restaurants, parks, and public transportation. Walk Score, transit access, and bicycle access are each rated at 100, 100, and 91, respectively. The asset may also be evaluated by purchasers considering a 1031 Exchange, with tax and legal treatment subject to individual circumstances and professional advice.
Key Highlights
- Multifamily property at 48 4th Avenue, Brooklyn, NY 11217
- Built in 1900
- Potential for vacant delivery
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
9,658
Businesses Nearby
Explore this area
Business Placement
Demographics for 11217, NY
42,417
Population
21,590
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
93%
High-School Grad
0.7 sq mi
ZIP Area
60,596
Density / Sq Mi
$158,314
Median Household Income
$95,067
Median Earnings
$2,800
Median Rent
$1,614,200
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?
Multifamily property - Potential vacant delivery supports renovation, repositioning, or redevelopment planning.
Where is this multifamily property located?
The property is located at 48 4TH Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Multifamily property at 48 4th Avenue, Brooklyn, NY 11217; Built in 1900; Potential for vacant delivery
