973 48thBrooklyn, NY 11219

  • Office properties
  • 2,747 SF
Off market
$302,742 Estimated

Property Details for 973 48th

Year built
1931
Lot size
0.06 AC
Property size (Sq ft)
2,747 SF
Zone code
R6
Property type
Office properties
Property subtype
Office buildings
APN
05625-0049
APU
56250049

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $454,161
    6.5%
    $419,226
    7%
    $389,281
  • Comparable approach

    Method
    Valuation
    Relative Method
    $358,923
    Geo Method
    $358,923
  • Alternative Use

    Use
    Valuation
    Residential
    $519,840
    Hospitality
    $476,170
    Educational
    $396,168
    Medical
    $409,793
    Retail
    $616,262
973 48th, Brooklyn, New York

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.64
Longitude
-73.9983
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $229,950
  • Assessed land value
    $20,250
  • Assessed value
    $250,200
  • Tax year
    2024

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