240 E 48th Street Street, Brooklyn, NY 11203
OFF MARKET

240 E 48th Street Street
Brooklyn, NY 11203

East Flatbush
  • 3 Beds
  • 2 Baths
  • 2,200 sqft

$852,900

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $4,873/mo*
Refinance Your Home

$852,900

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $4,873/mo*
Refinance Your Home
3 Beds
2 Baths
2,200 sqft

Home Value

Trulia Estimate
$853K
Since last month
Decreased$5K (-0.6%)
Since last year
Increased$137K (+19.2%)
Since last sale
Increased$291K (+52.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +77% in the last 10 years
MonthEstimated value
2026
August 2026$848K
July 2026$852K
June 2026$853K
May 2026$836K
April 2026$824K
March 2026$826K
February 2026$834K
January 2026$846K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
343 E 51st St, Brooklyn, NY
0.28
Multi-Family Home
$600,000
07/22/26
3
3
1,540
752 Lenox Road, Brooklyn, NY
0.10
Multi-Family Home
$920,000
02/25/26
5
3
1,844
555 Troy Ave Avenue, Brooklyn, NY
0.31
Multi-Family Home
$989,900
09/25/25
3
2
1,920
53 E 52nd Street, Brooklyn, NY
0.33
Multi-Family Home
$705,000
01/27/26
4
3
1,876
317 E 49th St, Brooklyn, NY
0.16
Multi-Family Home
$1,102,000
06/01/26
7
2
2,706
308 E 45th Street, Brooklyn, NY
0.19
Multi-Family Home
$1,075,000
09/03/25
5
3
2,200
390 E 49th Street, Brooklyn, NY
0.27
Multi-Family Home
$1,075,000
09/17/25
6
1
2,900
691 Winthrop St, Brooklyn, NY
0.28
Multi-Family Home
$886,000
11/21/25
4
4
2,583

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
265 E 48th Street, Brooklyn, NY 11203
0.05
$825,100
4
2
1,452
Off Market
268 E 49th St, Brooklyn, NY 11203
0.07
$710,000
Studio
-
-
Recently Sold
746 Lenox Road, Brooklyn, NY 11203
0.10
$885,000
3
2
-
Off Market
752 Lenox Road, Brooklyn, NY 11203
0.10
$920,000
5
3
1,844
Recently Sold
296 E 48th St, Brooklyn, NY 11203
0.10
$539,000
Studio
-
-
Recently Sold
763 Lenox Rd, Brooklyn, NY 11203
0.10
$1,860,000
18
7
7,289
Recently Sold
306 E 48th Street, Brooklyn, NY 11203
0.12
$835,000
3
2
1,344
For Sale
291 E 49th St #THS, Brooklyn, NY 11203
0.12
$911,600
3
2
-
Off Market
718 Clarkson Ave, Brooklyn, NY 11203
0.12
$1,259,700
6
4
2,820
Off Market
718 Clarkson Avenue #2nd, Brooklyn, NY 11203
0.12
$1,274,800
6
4
-
Off Market
660 Utica Avenue, Brooklyn, NY 11203
0.12
$3,000,000
-
-
-
For Sale

Local Information

  • Map ViewExplore the area around 240 E 48th Street Street.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1940
Living Area
2,200 sqft
Price/Sqft
$388
Parking
Garage

About this House

Calling all investors!!! Take a look at this Semi-detached solid brick, fixer-upper!!! Bring-your-tools and get ready to transform this unoccupied home into your oasis! Built in 1940, this property if restored can net decent rents. Property includes a 2nd level apartment with a large living room, dining room, kitchen, 2 beds and 1bath. The ground level unit has its own entrance with a living room, kitchen and nice sized 1bedroom that may be turned into a 2 with the right design team. Everything needs upgrades, property has water damage...But has nice size gated back yard, as well as, garage large enough for 1 car. There's also a driveway for additional parking. Property has roof damage on the back of the building. Additional before and after clean out, winterization interior photos in attachments section to this listing.
240 E 48th Street Street, Brooklyn, NY 11203 is a 3 bedroom, 2 bathroom, 2,200 sqft multi-family in East Flatbush, built in 1940. It last sold for $557,000 on Dec 19, 2023 (11% below the $625,000 asking price). It is currently off market. The Trulia Estimate is $852,900, with a rent estimate of $2,795/month.

Home Details for 240 E 48th Street Street

Interior Features

Interior Details
Number of Rooms: 8
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Appliances & Utilities
Utilities: Trash Collection Public
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa
No Spa
Gas & Electric
Gas: Separate Gas Meters: 2
Windows, Doors, Floors & Walls
Flooring: HardwoodCommon Walls: 1 Common Wall
Levels, Entrance, & Accessibility
Levels: OneFloors: Hardwood

Exterior Features

Exterior Home Features
Fencing: FencedExterior: Private EntranceNo Private Pool
Parking & Garage
No CarportHas a GarageHas Open ParkingParking Spaces: 1Parking: Driveway,Garage,Private
Frontage
Responsible for Road Maintenance: Public Maintained Road
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family
Building
Construction Materials: BrickNot Attached Property
Property Information
Condition: Actual

Price & Status

Price
List Price: $625,000
Status Change & Dates
Off Market Date: Sun Mar 20 2022

Active Status

MLS Status: Sold

Location

Direction & Address
City: Brooklyn
School Information
Elementary School: Ps 135 Sheldon A BrooknerHigh School: East Brooklyn Community High SchoolHigh School District: Brooklyn 18

Building

Building Area
Building Area: 2200 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 2200 sqft

Offer

Listing Agreement Type: Exclusive Right To Sell

Miscellaneous

Mls Number: L3379398Attic: NoneAttribution Contact: 888-575-2773Showing Requirements: Combination Lock Box, Lockbox
Last check for updates: about 7 hours ago
Listed by Elizabeth V. Logan, (917) 392-0291
VYLLA Home, (888) 575-2773
Bought with: Non Member-MLS, (000) 000-0000, Buyer Representation Office, (000) 000-0000
Source: OneKey® MLS as distributed by MLS GRID, MLS#L3379398

Price and Tax history

DateEventPrice
Dec 19, 2023
Source: OneKey® MLS as distributed by MLS GRID #L3379398
Sold
$557,000
Mar 21, 2022
Source: OneKey® MLS as distributed by MLS GRID #3379398
Pending
$625,000
Mar 1, 2022
Source: OneKey® MLS as distributed by MLS GRID #3379398
Listed For Sale
$625,000
Feb 27, 2020
Source: N/A
Sold
$20,000

Market trends in New York

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$794K
$26.67KMoM
Sale-to-List Price
98.0%
0.1%MoM
Price per sq ft
$679
$26MoM
Available listings
17724
933MoM
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Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

East Flatbush
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about East Flatbush

At least 1261 Trulia users voted on each feature.

  • 91 % Say it's walkable to grocery stores

  • 91 % Say there are sidewalks

  • 79 % Say it's walkable to restaurants

  • 78 % Say streets are well-lit

  • 73 % Say it's dog friendly

  • 65 % Say yards are well-kept

  • 58 % Say people would walk alone at night

  • 58 % Say kids play outside

  • 57 % Say there's holiday spirit

  • 51 % Say neighbors are friendly

  • 51 % Say they plan to stay for at least 5 years

  • 44 % Say car is needed

  • 44 % Say there are community events

  • 41 % Say it's quiet

  • 36 % Say parking is easy

  • 26 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Cindyreneem12
    "My neighbor is Flatbush area. You’ll be able to find transportation easily. There’s buses, trains, citi bikes, cabs and dollar cabs"
    0
    Flag
  • Trulia User
    "Lovely community that keeps on grounded. The garbage streets is improved as it seems more landlords are cleaning the street but there are spots that remain gross especially adjacent to empty lots or building construction areas. Most people are friendly to newcomers. Prospect park is a huge asset. I am impressed and pleased that NYC is taking care of and improving the park especially south of Lincoln ave. "
    0
    Flag
  • Will Thompson
    "It depends on the time of day but for the most part it’s smooth. Centrally located from banks, major shopping and the subway "
    0
    Flag
  • Vaina Cayo-Augustin
    "Block party annual gatherings. Parties as everyone is familiar with everyone, neighborhood are safe and neighbors are nice"
    0
    Flag
  • Barbara J
    "excellent commute great restaurants and parks & Brooklyn museum 👍 im looking to move back to neighborhood looking for two bedroom building with elevator. My grandmother live in neighborhood for 55 years have an auntie that still live in neighborhood. "
    0
    Flag
  • Slowttt
    "Dogs are here, but no dog parks are readily available in the neighborhood. You have to travel a good distance to get to a dog park."
    0
    Flag
  • Dionne Franco-williams
    "Pretty safe area where children can play and travel to school on their own. Fairly clean sidewalks and friendly neighbors."
    0
    Flag
  • Swb8hyjqdh
    "Great neighborhood walking distance from parks, schools , grocery store ,doctor’s office etc. Family oriented."
    0
    Flag
  • Felicia Cummings
    "Nothing really. The neighborhood is a friendly neighborhood for dogs and their owners. A lot of space"
    0
    Flag
  • Therevolution1985
    "What it represents first off it’s Brooklyn Ny the biggest borough ,most known Globally, and it just elevates the passion you show when referencing where you from and it’s the home of biggie smalls "
    1
    Flag
  • Affection Johnson
    "What makes this neighborhood unique is that no matter what you need you definitely could find it it’s all type Of stores for whatever you need .This area is also great as far as transportation the bus and train is within walking distance "
    1
    Flag
  • CRYSTAL RAHMING
    "Everyone is very friendly and I get along with everyone in the community we have block parties and they be very nice everyone is just nice been living in the same house for 30 years "
    1
    Flag
  • Nancy Augustin
    "I’m here will with son just very vulnerable visiting appreciate aprt get paperwork new year 2025 thank heavens help bless do it "
    12
    Flag
  • Trulia User
    "Everyone has respect for each other, and the community knows when to shut down the music. I don't think that I should be forced to expand on the matter."
    4
    Flag
  • Trulia User
    " nice neighborhood , well manners and stores are nearby. Also transportation is near by. schools are also nearby"
    2
    Flag
  • Trulia User
    " Nothing to dislike about the neighborhood.it is safe to walk your dog anytime of day. The are is generally safe."
    3
    Flag
  • Trulia User
    "You see people walking their dogs all the time however they aren’t any dog parks near by which makes it a lot harder "
    4
    Flag
  • Trulia User
    "There some small parks and prospect park is an option for longer walks but there are some people who have dogs off leash"
    1
    Flag
  • Trulia User
    "its quite safe people looking out clean sidewalk, clean neighborhood, churches, school busses fruit stand safe fir kids to walk mostly elderly live not much young folks they grew older now "
    3
    Flag
  • Trulia User
    "Local park events during the summer. YMCA, Aviators, Brooklyn College programs, shopping and transit accessibility. "
    2
    Flag
  • Trulia User
    "The people in the neighborhood the surrounding streets And the stores that surround their playgrounds ounce church's laundry places to take the children"
    1
    Flag
  • Trulia User
    "My neighborhood is a great area to raise your kids and walk your dog . Everyone is mostly friendly or stay to themselves "
    0
    Flag
  • Trulia User
    "I've lived in the neighborhood for a year, quite and friendly neighbours. Great environment, peaceful and clean "
    7
    Flag
  • Trulia User
    "They would like everything. The community is a paradise to live in.if you are fortunate to live here your lucky "
    0
    Flag
  • Trulia User
    "People are very friendly and help others in the community. It’s a great and a loving neighborhood. Everyone are very welcome here. "
    0
    Flag
  • Trulia User
    "Great neighborhood …not too much activity and not too little. A good medium. I would advise any family settings to go and live here "
    0
    Flag
  • Trulia User
    "Central to all necessities (transportation, parks, shopping, food, etc.). Most neighbors are friendly. "
    3
    Flag
  • Trulia User
    "Great transportation accessibility. There are buses and trains close by. There are buses that take you directly to manhattan."
    0
    Flag
  • Trulia User
    "Walking distance to shopping and grocery. Many activities in the summer time. Close to prospect park with lots of fun activities for kids."
    0
    Flag
  • Trulia User
    "It’s a good school area walking distance to corner stores and food stores well lit areas and quiet neighborhood "
    0
    Flag
  • Trulia User
    "gentrification is underway so maybe it'll be more safer, new buildings are popping up but with these changes, it will be more expensive. schools and amenities to make the neighborhood more kid-oriented might take awhile"
    0
    Flag
  • Trulia User
    "There are a lot of public parks to walk your 4-legged bestie. Since many people own dogs everyone takes care to pick up after them. The one thing that a dog owner might not like is that the area is very flat. So there isn’t very challenging terrain."
    1
    Flag
  • Trulia User
    "I only come out for necessities ,nice shopping area and great transportation hub.Great schools but not so friendly. "
    0
    Flag
  • Trulia User
    "I lived in this neighborhood for 9 years. Friendly neighborhs clean streets and sidewalks. very quiet."
    2
    Flag
  • Trulia User
    "Long-standing homeowners, close knit community. Elderly neighbors watch out for kids. Safe streets, lots of good, inexpensive takeout."
    0
    Flag
  • Trulia User
    "I’ve been living in this area for over 8 years and I like the fact that there are trees. More homes than buildings "
    0
    Flag
  • Trulia User
    "Carnival each Labor Day is celebrated by this majority West Indian community. Noise levels are high."
    0
    Flag
  • Steve P.
    "Sometimes at the park they have festival and park party. This will make people meet other people in the neighborhood "
    13
    Flag
  • Alyssadams21
    "Nothing really Maybe the parks, there is wimbate park where we go to run have picnics , exercise , And on church avenue there lots of Caribbean spots"
    0
    Flag
  • Dwayne M.
    "Block parties are really big during the summer. Also we are close to the 2 and 5 train which gets you into manhattan in 30 minutes. "
    0
    Flag

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Homes for sale near 240 E 48th Street Street

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Off Market Homes Near 240 E 48th Street Street

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Frequently asked questions about 240 E 48th Street Street

  • What is 240 E 48th Street Street estimated to be worth?
    Trulia's estimated value for 240 E 48th Street Street in Brooklyn, NY is $852,900.
  • What is the price history for 240 E 48th Street Street?
    240 E 48th Street Street in Brooklyn, NY last sold for $557,000 in December 2023.
  • Is Brooklyn a buyer's or seller's market?
    Brooklyn is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Brooklyn?
    The median sale price in Brooklyn is $794K. That is up $26.67K from the prior month.
  • Does 240 E 48th Street Street have air conditioning?
    Yes, 240 E 48th Street Street in Brooklyn, NY has air conditioning.
Based on information submitted to the MLS GRID as of 2026-08-17 06:13:11 PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information