Description
A Rare Brooklyn Value‐Αdd & 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
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.
Building Features 3 Floors3 Units
Unit Features
$3,600,000 / $1,125 per ft²
Listed on Aug 25, 2026
2 Days on Market
7 Beds / 3 Baths - / 3,200 ft²
Total Monthly expenses: $450
Maintenance: - / R.E. Taxes $450
Other Details:
Three Family
Lot Size: 20.0' x 42.83' Built: 20.0' x 40.0'
Zoning: C0
Exclusively listed with: Corcoran Group Source: RLS
Unit listing history
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