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48 Essex StreetBrooklyn, NY 11208

For Sale

$1,250,000

Smart Buyer Rebate $15,625

Welcome to this stunning, brand new two family home in the heart of Cypress Hills, offering the perfect blend of modern design, space, and versatility. Fully renovated in 2023, this home features brand new hardwood flooring throughout, with elegant marble flooring in the basement, and showcases high quality finishes and craftsmanship from top to bottom.

Each of the first and second floor units features a spacious open concept layout with three oversized bedrooms and two full bathrooms, including a private primary suite with its own full bathroom. Thoughtfully designed with comfort and functionality in mind, both units provide generous living and dining areas ideal for everyday living and entertaining. The modern kitchens are beautifully appointed with stainless steel appliances, center islands, and ample cabinet and counter space, making them perfect for cooking and gathering.

The fully finished basement offers additional living space and includes a full bathroom along with a separate entrance, providing excellent flexibility for recreation, guest space, or extended use.

This property also features separate heating systems, electric, and boilers for each unit, making it an excellent opportunity for homeowners seeking rental income or multigenerational living.

Step outside to enjoy the open backyard, perfect for hosting gatherings, relaxing, or creating your own outdoor oasis. Conveniently located within distance to several train lines, commuting is effortless. The home is also located near local parks, shopping, dining, and neighborhood amenities.

As a recently renovated home completed in 2023, this property offers modern finishes and low maintenance, making it truly ready for occupancy. A rare opportunity to own a spacious, income producing property in a highly desirable location.

Listed by Zaina Mainali

·

Coldwell Banker American Homes

·

718-206-1340

Last updated April 02, 2026

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Source: OneKey #960899

Listing Facts

  • TypeMulti-family
  • NeighborhoodHighland Park
  • Bedrooms6
  • Bathrooms5
  • Days on Prevu52
  • Taxes$4,798/year

Amenities

  • Air Conditioning

Location

Mortgage Calculator

Listing History

02/11/2026
Listed by Coldwell Banker American Homes
$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 48 Essex Street

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Year Built: 1910
  • Construction Materials: Frame

Measurements

  • Building Area Units: Square Feet

Financial

Taxes

  • Parcel Number: 3-03910-0039
  • Tax Annual Amount: $4,798.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: Yes
  • Interior Features: First Floor Bedroom, First Floor Full Bath, Open Floorplan, Open Kitchen

Rooms

  • Basement: Finished, Full
  • Has Basement: Yes
  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 6

Other

General

  • Senior Community: Yes

Parking

Parking

  • Parking Features: On Street

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Frequently Asked Questions

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

There are 6 bedrooms and 5 bathrooms in this multi-family home at 48 Essex Street.

What are the annual taxes for 48 Essex Street?

Annual taxes for this multi-family home are estimated at $4,798.

How does 48 Essex Street compare to other multi-family homes in Highland Park?

This multi-family home is listed 14% above the average price for multi-family homes in Highland Park and has been on the market for 71 less days than the typical home in this area.

48 Essex Street is a 6-bedroom, 5-bath multi-family home for sale in Brooklyn NY 11208. Available on Prevu for 52 days at $1,250,000. This residence is located in Highland Park. The median listing price for multi-family homes in this area is $947,250. The home offers air conditioning. 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.