Brick Duplex with Finished
For Sale
$775,000
725 E 48th Street, Brooklyn, NY 11203
Residential, Duplex, Brooklyn, NY
Property Size1,905 SF
Lot Size0.05 Acres
Price / SF$406.82
Days on Market109
Property Features for 725 E 48th Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R4
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Rooms
Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1
Interior features
A/C Unit - Window, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Washer
Basement
Finished, Full
Subdivision
East Flatbush
Standard status
Active
Size
1,905 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
1881
Amenities
custom built-in storage
updated kitchen
hardwood floors
finished basement
lanai
laundry area
backyard
private parking
Building Details
Year built
1945
Flooring type
Tile, Hardwood
Roof type
Flat
Architectural style
Other
Listing Agency:
BHHS Fillmore R.E.
(718) 377-6161
Listed By:
Cheryl A. Slocum
(718) 368-2500
Added: Jun 22
Changed: Oct 4
Last Checked: Oct 8 at 9:06PM
MLS# 502487
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 brick duplex was built in 1945 and contains 1,905 square feet on a 0.0461-acre lot. Interior features include three bedrooms, two bathrooms, hardwood and tile flooring, an updated kitchen, formal dining area, living room, laundry area, and a finished basement with its own entrance. Window A/C, a washer, dryer, refrigerator, stove, and microwave are included. A lanai extends from the kitchen, while the flat roof and private parking add practical features.
The property is located at 725 E 48th Street in Brooklyn, NY 11203. Shopping, restaurants, schools, houses of worship, and public transportation are identified in the surrounding area. The R4 zoning designation and residential configuration support consideration by buyers seeking a multifamily property in Brooklyn.
The property is located at 725 E 48th Street in Brooklyn, NY 11203. Shopping, restaurants, schools, houses of worship, and public transportation are identified in the surrounding area. The R4 zoning designation and residential configuration support consideration by buyers seeking a multifamily property in Brooklyn.
Key Highlights
- 1,905 square feet on a 0.0461‑acre lot
- R4 zoning designation
- Finished basement with a separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,716
Cap Rate
8.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,334,320
$1.3M
Cap Rate 7%
$953,086
$953.1K
Cap Rate 9%
$741,289
$741.3K
Market Conditions
NOI Build-Up for 1,905 SF
Gross rent
$97.2K $51.00/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$95.3K $50.03/SF
− OpEx
−$28.6K −$15.01/SF
NOI
$66.7K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,334,320
Cap Rate 7%
$953,086
Cap Rate 9%
$741,289
Alternative Uses
Best Use
Multifamily LT 5
$953.1K
$834.0K – $1.11M
NOI $66,716 @ 7.0% cap · market cap 8.61%
Second Best
Apartment 5plus
$830.8K
$727.0K – $969.3K
NOI $58,158 @ 7.0% cap · market cap 7.50%
Theoretical Best
Specialty Retail
$1.58M
$1.38M – $1.84M
NOI $110,414 @ 7.0% cap · market cap 14.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,646
Businesses Nearby
Explore this area
Business Placement
Demographics for 11203, NY
81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - R4-zoned property with hardwood flooring, private parking, and a separate-entry finished basement.
Where is this duplex located?
The property is located at 725 E 48th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 1,905 square feet on a 0.0461‑acre lot; R4 zoning designation; Finished basement with a separate entrance
