949 48th St Brooklyn, NY 11219-2919
Property profile & analytics
949 48th St Brooklyn, NY 11219-2919
- Office buildings
- 2,680 SF
- 0.06 lot acres
Property ID
US63-1562256
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 949 48th St
- Year built
- 1925
- Lot size
- 0.06 lot acres
- Property size
- 2,680 SF
- Zone code
- R6
- Property type
- Office buildings
- APN
- 05625-0059
- APU
- 56250059
Description
This exceptional 1,200-square-foot medical office space is available for lease at 949 48th Street in the vibrant Brooklyn, New York neighborhood, zip code 11219. The property is a single-tenant building, offering complete exclusivity and control to the lessee. The entire 1,200 square feet is currently vacant, providing a blank canvas for a new medical practice or related business to customize the space to their exact specifications. Located at 40.6402895, -73.9989227, this property presents a fantastic opportunity for medical professionals seeking a well-situated and readily available office space. The building's classification as a medical office ensures compliance with relevant regulations and provides a professional environment. The single-tenant occupancy eliminates the complexities of shared spaces and allows for complete operational independence. This turnkey solution offers immediate occupancy, allowing for a swift and efficient transition into a new location. Interested parties are encouraged to inquire promptly to secure this desirable property. The property is categorized as an office building with a medical office subtype. This presents a unique opportunity for a variety of medical practices to establish themselves in a thriving Brooklyn community.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,305,000
- 6.5%
- $1,205,000
- 7%
- $1,120,000
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,475,000 Current use
- WAREHOUSE, STORAGE
- $1,345,000 Change: -9% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,305,000 Change: -11% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9989
- Latitude
- 40.6403
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$25,929
$45,000
$199,800
$244,800
-
$100,000
$444,000
$544,000
