48 3rd Avenue, Brooklyn
Vacant land · Block 185, Lot 26.
Building permits
- New Building — Multi-Family, filed Nov 12, 2024, 5 units, 5 stories, described as “Propose establish 5 story mix use building. obtain new certificate of occupancy.”
- Alteration, filed Mar 28, 2025, estimated cost $5K, described as “This job is filed for construction fence for construction work at 518 atlantic avenue, brooklyn ny 11217”
Property taxes
- Assessment
- $164,250
- 2026–27 tax
- $16,627
- Market value (city estimate)
- $365,000
- Taxable value
- $153,270
- Assessed land
- $164,250
Zoning
R6A: floor area ratio 0.00 built, 3.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jun 15, 2026: $4,400,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.