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48 4th Avenue, 
Brooklyn, NY 11217

$3,600,000


7

Beds


3

Baths


3,200

Sq Ft


Multi-Family

Active

Listed by

Anthony L Morris

Lisa James

Corcoran Group

Last updated:

September 18, 2026, 10:44 AM

MLS#

RLS20110936

Source:

NY REBNY

About This Home

48 4th Avenue

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.

Home Facts

Multi-Family

3 Baths

7 Bedrooms

Built in 1900

Subdivision & Development:

Boerum Hill

Price Summary

3,600,000

$1,125 per Sq. Ft.

MLS #:

RLS20110936

Last Updated:

September 18, 2026, 10:44 AM

Added:

24 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

3,200 Sq. Ft.


Structure

Structure

Building Area:

3,200 Sq. Ft.

Year Built:

1900


Finances & Disclosures

Finances

Price:

$3,600,000

Price per Sq. Ft:

$1,125 per Sq. Ft.

MLS Logo
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 The Real Estate Board of New York, Inc., All rights reserved. RLS Data display by Coldwell Banker Warburg This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.