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$950,000
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Property Description
Welcome to 1647 East 48th Street, a standout opportunity on the border of Flatlands and Marine Park in Brooklyn. This beautifully renovated two-family home sits on a 20x100 lot and is being offered as a package deal with an additional 20x100 subdivided parcel for an additional $300,000-creating a rare chance for end-users, investors, or developers to secure both a move-in-ready property and future upside in one purchase. The home itself has been thoughtfully upgraded with high-end finishes and modern design throughout. The exterior features sleek contemporary siding, a fully fenced perimeter, elegant paver walkways, a tranquil backyard pond, and a private driveway leading to a spacious two-car garage. Inside, the property is configured as two fully renovated two-bedroom, one-bath apartments, offering excellent income potential or the ideal setup for owner-occupancy with rental support. Each unit showcases hardwood flooring, generous layouts, and stylish finishes. The first-floor unit features an electric fireplace with a recessed TV included in the sale, a large eat-in kitchen with ample counter space, and a spa-inspired bathroom complete with a motion-sensor toilet and a fogless illuminated mirror. Additional upgrades include a heated Bluetooth-enabled ceiling fan, enhancing both comfort and convenience. Ideally located just off Flatbush Avenue, the property offers easy access to major shopping, dining, banking, and everyday essentials, along with nearby Marine Park's expansive green spaces, recreational facilities, and scenic outdoor amenities.
Full Property Details
Full Property Details for 1647 E 48th St
General
- Price: $950,000
- Taxes: $6,851
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 978246
- Updated: 4/24/2026
- Added to Site: 50 day(s) ago
Interior
- Interior Features: First Floor Bedroom
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Driveway, Garage
Location
- County: Kings (Brooklyn)
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Electric, Steam
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Available
Structural Information
- Detached/Attached: Attached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Partially Finished
- Building Size: 1489
- Square Feet: 1,489
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.0459
- Lot Size (Sq. Ft.): 2,000
Financial Considerations
- Tax Amount: $6,851.32
Disclosures and Reports
- Special Conditions: None
- Property ID: 07873-0031
Listed by Instahomes Realty LLC
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Schools
Schools serving 1647 E 48th St
School District:New York City Geographic School District 22
| Name | Grades | Distance |
|---|---|---|
Ps 203 Floyd Bennett 5101 Avenue M, Brooklyn, NY 11234 | K-5 | 0.2 mi |
Jhs 78 Roy H Mann 1420 East 68 Street, Brooklyn, NY 11234 | 6-8 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1647 E 48th St
Date
Details
Price
Change
Source
4/24/2026
Price Reduced
$950,000
-24%
MLS
3/30/2026
Listed
$1,250,000
119.3%
MLS
3/12/2025
Sold
$570,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1647 E 48th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,021
11%
$47,700
3%
2024
$6,342
—
$46,500
-8%
2024
$6,342
6%
$50,520
10%
2023
$5,967
3%
$46,020
22%
2022
$5,808
-52%
$37,680
6%
2021
$12,052
105%
$35,580
6%
2020
$5,870
6%
$33,420
—
2019
$5,520
15%
$33,420
29%
2017
$4,806
—
$25,924
3%
2017
$4,806
2%
$25,048
—
2016
$4,697
6%
$25,048
3%
2015
$4,438
23%
$24,274
6%
2014
$3,597
3%
$22,900
6%
2013
$3,507
—
$21,604
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1647 E 48th St
1647 E 48th Street, Brooklyn, NY 11234 (MLS# 978246) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 1647 E 48th Street is currently listed for $950,000 and was received on March 30, 2026. Want to learn more about 1647 E 48th Street? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

