---
title: "48 4TH Avenue, Brooklyn, NY 11217"
description: "48 4TH Avenue, Brooklyn, NY 11217 — NYC real estate listing on Real Estate Rebate Team. Priced at $3,600,000. Est. potential buyer savings up to $90,000 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11217/48-4th-avenue-ny-11217"
source: "Real Estate Rebate Team"
---

# 48 4TH Avenue, Brooklyn, NY 11217

> **Listing Courtesy of:** Corcoran Group

## 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.

## Property Details

- **Price**: $3,600,000
- **Potential Buyer Rebate**: $90,000
- **Bedrooms**: 7
- **Bathrooms**: 3
- **Living Area**: 3,200 sqft
- **Property Type**: Residential
- **Year Built**: 1900
- **Building**: 48 4TH Avenue
- **Neighbourhood**: Boerum Hill
- **Area / Borough**: Brooklyn
- **Subdivision**: Boerum Hill
- **Listing Office**: Corcoran Group
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$90,000** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/brooklyn/48-4th-avenue)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/brooklyn/boerum-hill)
- [Estimate your Buyer Commission Share and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> 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.