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  • 48 4th Avenue
  • $ 3,600,000
48 4th Avenue Boerum Hill Brooklyn NY 11217
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48 4th Avenue

Boerum Hill   |   Pacific Street & Dean Street
Listing ID: 107924TH

  • $ 3,600,000
  • Bedrooms
  • Bathrooms
  • TownhouseBuilding Type
  • / Approx. SF/SM

  • Details
    • Multi-FamilyOwnership
    • $ 5,400Anual RE Taxes
    • 20'x40'Building Size
    • 20'x42'Lot Size
    • 1900Year Built
    • ActiveStatus

48 4th Avenue Boerum Hill Brooklyn NY 11217
  • 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.

    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.

    Listing Courtesy of The Corcoran Group
  • Contact
  • Matthew Coleman

    License Licensed As: Matthew K. Coleman

    Licensed Broker - President

    W: 212-677-4040
    M: 917-494-7209
    • Email Me
    • Download Contact

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  • Close details -
  • Contact
  • Matthew Coleman

    License Licensed As: Matthew K. Coleman

    Licensed Broker - President

    W: 212-677-4040
    M: 917-494-7209
    • Email Me
    • Download Contact

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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 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.