1048 Flushing Avenue, Brooklyn
Condominium · 8 units · built 2022 · Block 3155, Lot 7502.
Building permits
- New Building — Multi-Family, filed Feb 24, 2022, estimated cost $103K, 8 units, 4 stories, described as “Proposed 4 story mezzanine and cellar residential”
- Alteration, filed Apr 25, 2022, estimated cost $32K, described as “Filing plumbing work type in conjunction with NB job number B00685330”
Property taxes
- Assessment
- $817,651
- 2026–27 tax
- $82,260
- Market value (city estimate)
- $1,817,002
- Taxable value
- $765,348
- Assessed land
- $140,852
- Assessed improvements
- $676,799
- Condo units with their own tax lots
- 8
Tax breaks
- Co-op and condo abatement, with no end date, a $12,942 credit this tax year.
Zoning
R6: floor area ratio 2.62 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Oct 31, 2025: $960,000, Apt 3R
- Jul 21, 2025: $905,000, Apt 3L
- Jul 14, 2025: $950,000, Apt 2R
- Jun 27, 2025: $1,050,000, Apt 1R
- Jun 24, 2025: $998,800, Apt 1L
- Jun 18, 2025: $905,000, Apt 2L
- Jun 18, 2025: $1,425,000, Apt 4R
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Permits Filed for 1048 Flushing Avenue in Bushwick, Brooklyn, New York YIMBY, Jun 23, 2023.