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

$850,700

Trulia Estimate
as of Jul 3, 2026
Est. Refi. Payment $4,820/mo*
Refinance Your Home

$850,700

Trulia Estimate
as of Jul 3, 2026
Est. Refi. Payment $4,820/mo*
Refinance Your Home
3 Beds
2 Baths
2,200 sqft

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

Description

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 $850,700, with a rent estimate of $2,893/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

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 4 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 History for 240 E 48th Street Street

DatePriceEventSource
12/19/2023$557,000Sold
OneKey® MLS as distributed by MLS GRID #L3379398
03/21/2022$625,000PendingOneKey® MLS as distributed by MLS GRID #3379398
03/01/2022$625,000Listed For SaleOneKey® MLS as distributed by MLS GRID #3379398
02/27/2020$20,000Sold
N/A

Market trends in New York

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$772K
$5KMoM
Sale-to-List Price
97.8%
Price per sq ft
$643
$10MoM
Available listings
18549
515MoM
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Property Tax and Assessment

Year2025
Tax$6,479
Assessment$722,000
Home facts updated by county records

Comparable Sales for 240 E 48th Street Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
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
39 E 52nd Street, Brooklyn, NY
0.35
Multi-Family Home
$985,000
11/13/25
4
3
1,824

Nearby homes

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Assigned Schools

These are the assigned schools for 240 E 48th Street Street.
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 1259 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.
  • 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
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  • 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 "
    0
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  • 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
    "Great ! It’s a wonderful place to live. Very lively area. Buses and trains are not to far. Will recommend this area for everyone "
    0
    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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Based on information submitted to the MLS GRID as of 2026-02-06 15:18:24 PST. 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