Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
701 E 48TH Street
Interested in this property?

$550,000

701 E 48TH Street

Farragut, Brooklyn

MLS® #RLS20075932

RLS at REBNY

Listing by Douglas Elliman Real Estate

3

Bedrooms

2

Baths

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Lot Size 2,600 sq ft
Year Built N/A
Ownership None
Property Taxes $5,844/yr
Parking Garage
Neighborhood Farragut
Floor 1 of 1

Property Highlights

  • Views: Other
  • Parking: Private garage

Property Details

Type Single Family Residence
Ownership None
Total Rooms 5
Baths 2 Full
Floor 1 of 1
View Other
Pets Yes
Parking Garage Available
Structure Type Townhouse
Basement Other
Lot Size 2,600 sq ft
Parcel # 04759-0040
Block/Lot 04759/0040

Listing History

Event Date Price Change
Listed Mar 9, 2026 $550,000 -
Currently May 4, 2026 $550,000 -

Description

...

Discover the potential of this brick, single-family corner home offering incredible value and versatility. This asis property features three wellproportioned bedrooms and two bathrooms spread across two levels, providing a solid foundation for customization, expansion, or personal touches.

Positioned on a desirable corner lot, the home benefits from exceptional natural light, added privacy, and strong curb appeal. A private garage adds convenience and practical functionality-rare and highly sought after in this area.

With its durable brick construction, multifloor layout, and flexible interior, this property is ideal for buyers seeking a home they can renovate to their preferences or investors looking for a promising opportunity. Whether you're envisioning a modern upgrade, a classic restoration, or a smart longterm hold, this home offers tremendous potential in a prime location.

Features & Amenities

Interior Features

Smoke Free In Unit

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 1
Stories 1
Structure Townhouse

Financial Details

RE Taxes $5,844/yr ($487/mo)

Farragut is a residential section of East Flatbush featuring two- and three-story brick rowhouses, semi-detached homes, and modest prewar apartment buildings along a level grid of streets including Avenues D, E, and Foster Avenue. The 2 and 5 trains at Flatbush Avenue-Brooklyn College station are the closest subway connection, supplemented by the B44 SBS and B46 bus routes along the neighborhood's main corridors.

Farragut Live Market Data

View Neighborhood

Active Listings

4

Median Asking Price

$640K

Median $/Sqft

$426

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/4/26, 1:25 AM EST

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Location

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701 E 48TH Street, Farragut, Kings County

Building Information

Official NYC property records for this building

1909
Year Built
117 years old
3
Floors
R7A
Zoning District

Tax & Assessment

Assessed Value: $225,450
Land Value: $54,450
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 4,540 SF
Building Area: 8,590 SF
Built FAR: 1.89
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $5,844, or roughly $487 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20075932
First Listed: 3/9/2026
On Market: 3/9/2026
Price Changed: 3/9/2026
Contract Date: 3/9/2026

Listing Courtesy of Douglas Elliman Real Estate - Gerald Pennant

Listing Contact: (917) 817-0527

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 5:25 AM UTC

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