Brick Triplex with Finished
For Sale
$2,200,000
911 48th Street, Brooklyn, NY 11219
Residential, Brooklyn, NY
Property Size2,680 SF
Lot Size0.06 Acres
Price / SF$820.90
Days on Market667
Property Features for 911 48th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Bedrooms
6
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 4
Interior features
Refrigerator, Stove
Basement
Full, Finished
Subdivision
Sunset Park
Standard status
Active
Size
2,680 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
11315
Amenities
finished basement
Building Details
Year built
1925
Floors in Building
2
Number of units
3
Flooring type
Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
Tiger Realty
Listed By:
Hang (Tyler) Chen · License #HC3855
(917) 708-9966
Added: Dec 14, 2024
Changed: Oct 10
Last Checked: Oct 12 at 1:06AM
MLS# 488071
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 semi-detached brick triplex was built in 1925 and contains 2,680 square feet of property area. The building measures 21 by 67 feet on a 25.5-by-100-foot lot, with a finished basement and a flat roof. Interior features include refrigerators, stoves, and tile flooring. The property includes three heating systems and three boilers, supporting the building’s three-family configuration.
Located at 911 48th Street in Brooklyn, the property carries R6 zoning and includes a shared driveway. The recorded room schedule includes six bedrooms and four bathrooms. Its brick construction, separate heating equipment, basement finish, and multifamily layout provide a clear physical profile for residential income use.
Located at 911 48th Street in Brooklyn, the property carries R6 zoning and includes a shared driveway. The recorded room schedule includes six bedrooms and four bathrooms. Its brick construction, separate heating equipment, basement finish, and multifamily layout provide a clear physical profile for residential income use.
Key Highlights
- Three‑family brick building at 911 48th Street, Brooklyn, NY 11219
- 2,680 square feet on a 0.0575‑acre lot
- Building measures 21X67; lot measures 25.5X100
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,396
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,547,920
$1.5M
Cap Rate 7%
$1,105,657
$1.1M
Cap Rate 9%
$859,956
$860.0K
Market Conditions
NOI Build-Up for 2,680 SF
Gross rent
$115.8K $43.20/SF
− Vacancy
−$5.2K −$1.94/SF
EGI
$110.6K $41.26/SF
− OpEx
−$33.2K −$12.38/SF
NOI
$77.4K $28.88/SF
Area
ZIP 11219
Vacancy
4.50%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,547,920
Cap Rate 7%
$1,105,657
Cap Rate 9%
$859,956
Alternative Uses
Best Use
Multifamily LT 5
$1.11M
$967.5K – $1.29M
NOI $77,396 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$992.5K
$868.4K – $1.16M
NOI $69,475 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,616 @ 7.0% cap · market cap 5.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
7,459
Businesses Nearby
Explore this area
Business Placement
Demographics for 11219, NY
103,447
Population
27,973
Households
3.7
Avg Household Size
27
Median Age
21%
College-Educated
70%
High-School Grad
1.5 sq mi
ZIP Area
68,965
Density / Sq Mi
$55,685
Median Household Income
$30,647
Median Earnings
$1,678
Median Rent
$1,086,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - Semi-detached brick construction includes a finished basement, shared driveway, and three heating and boiler systems.
Where is this triplex located?
The property is located at 911 48th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Three‑family brick building at 911 48th Street, Brooklyn, NY 11219; 2,680 square feet on a 0.0575‑acre lot; Building measures 21X67; lot measures 25.5X100
