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$3,537,000
List Price: $3,600,000
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48 Fourth Avenue

Townhouse in Boerum Hill •  building info
7bd • 3ba • 3,200ft² $1,125 per ft²
Buy with Yoreevo

$3,537,000

List Price

$3,600,000

Key Details
Days on market
14
Last price change
No recorded changes
Estimated payment
$20,929/mo
Taxes
$450/mo
Maintenance
N/A
Description
Unlock the Potential at 48 4th Avenue A Rare Brooklyn Value-Add & Development Opportunity Introducing 48 4th Avenue-an exceptional multifamily investment opportunity positioned along one of Brooklyn's most dynamic commercial and residential corridors. Whether you're an investor seeking a value-add acquisition, a developer evaluating future potential, or a long-term owner looking to expand your portfolio, this property offers the flexibility to create value in a highly desirable location. With the potential to be delivered vacant, 48 4th Avenue presents a unique opportunity to renovate, reposition, redevelop, or reimagine the asset to meet your investment objectives. Opportunities offering this level of flexibility in a prime Brooklyn location are increasingly rare. For investors pursuing tax-deferred investment strategies, 48 4th Avenue may also warrant consideration as a potential replacement property in a 1031 Exchange, subject to each purchaser's individual investment objectives and consultation with their legal and tax advisors. Ideally situated on the vibrant 4th Avenue corridor, the property benefits from proximity to established residential neighborhoods, neighborhood retail, restaurants, parks, and convenient public transportation-location fundamentals that continue to attract investors seeking long-term appreciation and redevelopment opportunities. Investment Highlights Multifamily building Value-add repositioning opportunity Potential for vacant delivery Development potential for qualified purchasers to explore Attractive opportunity for long-term investors and developers May work for buyers considering a 1031 Exchange strategy Prime Brooklyn location with excellent connectivity and neighborhood amenities Properties with this combination of location, flexibility, and future potential seldom become available. Value-Add. Development Potential. Vacant Delivery. 1031 Exchange Opportunity. One Property. Multiple Investment Strategies. Prospective purchasers should consult with their attorney, accountant, and qualified intermediary regarding the applicability of Section 1031 of the Internal Revenue Code to their individual circumstances.

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Important Stuff
Washer/Dryer in unit
Building amenities
Services and facilities
Fios Available
Building info

History
8/25/26
Listed by Corcoran
$3,600,000
What it'll cost
Purchase price
$3,600,000
Asking Price: $3,600,000
Term
30 Years
Down Payment
$360,000 (10%)
Min: 10% (360,000)
Rate
6.5 %
Mortgage Amount
$3,240,000
Mortgage Payment
$20,479
Taxes
$450
Estimated Yoreevo rebate
$63,000
Estimated closing cost
$138,000
Total monthly cost $20,929
Buy your dream home with us and get an estimated
$63,000 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Corcoran Group

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