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1647 E 48th StreetBrooklyn, NY 11234

For Sale

$1,250,000

Smart Buyer Rebate $15,625

Welcome to 1647 East 48th Street, a truly exceptional opportunity on the border of Flatlands and Marine Park in Brooklyn. Situated on an expansive 40x100 lot, this rare property offers incredible versatility with two separately parceled lots—providing the unique option to sell the additional parcel or create your own custom outdoor oasis or future development. From the moment you arrive, you’re greeted by a fully fenced property featuring modern siding, elegant paver walkways, a serene backyard water pond, and a private driveway leading to a spacious two-car garage. Every inch of this home reflects thoughtful design and high-end craftsmanship. Inside, the property is configured as two beautifully renovated two-bedroom, one-bath residences—perfect for end-users looking to offset their mortgage or investors seeking strong rental potential. Each unit showcases sleek hardwood flooring, spacious layouts, and contemporary finishes throughout. The first-floor unit is a standout, featuring an electric fireplace with a recessed TV included in the sale, a large eat-in kitchen with ample counter space, and a spa-like bathroom equipped with a motion-sensor toilet, fogless illuminated mirror, and premium fixtures. Additional touches like a heated Bluetooth-enabled ceiling fan elevate the everyday living experience. Perfectly positioned just off Flatbush Avenue, you’ll enjoy convenient access to a wide range of shopping, dining, and everyday essentials, including major retail stores, banking, and popular neighborhood favorites like Raising Cane’s. Nearby Marine Park offers expansive green space, golf courses, walking trails, and recreational activities, making this location ideal for both relaxation and convenience.

Listed by Carlos A. Gaviria

·

Instahomes Realty LLC

·

516-965-4996

Last updated April 03, 2026

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Source: OneKey #978246

Listing Facts

  • TypeMulti-family
  • NeighborhoodFlatlands
  • Bedrooms4
  • Bathrooms2
  • Days on Prevu5
  • Taxes$6,851.32/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/30/2026
Listed by Instahomes Realty LLC
$1,250,000

Estimated Closing Costs

Total
$46,875
Attorney Fees
$4,000
NYC Mansion Tax
$12,500
Title Insurance
$5,625
Bank Attorney
$1,500
Mortgage Recording Tax
$19,250
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,250,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1647 E 48th Street

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Year Built: 1920
  • Construction Materials: Frame

Measurements

  • Building Area Total: 1,489
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.04
  • Lot Size Square Feet: 2,000

Financial

Taxes

  • Parcel Number: 07873-0031
  • Tax Annual Amount: $6,851.32
  • Tax Assessed Value: $46,500.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: First Floor Bedroom

Rooms

  • Basement: Partially Finished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Driveway, Garage

Utilities

Equipment

  • Cooling: Ductless
  • Heating: Electric, Steam
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 4 bedrooms and 2 bathrooms in this multi-family home at 1647 E 48th Street.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 1647 E 48th Street.

What are the annual taxes for 1647 E 48th Street?

Annual taxes for this multi-family home are estimated at $6,851.

How does 1647 E 48th Street compare to other multi-family homes in Flatlands?

This multi-family home is listed 22% above the average price for multi-family homes in Flatlands and has been on the market for 105 less days than the typical home in this area.

1647 E 48th Street is a 4-bedroom, 2-bath multi-family home for sale in Brooklyn NY 11234. On Prevu for 5 days at $1,250,000. This property is located in Flatlands. The median listing price for multi-family homes in this area is $783,750. Property amenities include parking. Browse more multi-family home listings in Brooklyn.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.