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48 Cedar St; Brooklyn, NY Property Details

48 Cedar St, Brooklyn, NY is a Convalescent/nursing Home that was built in 1998. This property is currently Financed and is not for sale. Our records show that 48 Cedar St has a total of 131,650 square feet. The lot size of 48 Cedar St is 30,837 square feet.

Off market
48 Cedar St Brooklyn, NY 11221
$17,875,800 Estimated Value
131,650 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1998
  • Purchase Price: $70,000,000
  • Open Loans / Balance: 2 / $33,540,142
  • APN: 03232-0001
  • Situs County: Kings
  • Length Of Ownership: 3 years, 1 months

Structure

  • Stories: 8

Measurements

  • Total: 131,650/SqFt
  • Lot: 30,837/SqFt
  • Gross: 131,650/SqFt
  • Living: 131,650/SqFt
  • Building: 131,650/SqFt
  • Ground: 5,000/SqFt
  • Price Per Square Foot: $531.71
Building Insights

Land Information

  • Property Type: Convalescent/Nursing Home
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New York City Department Of Education
  • Lat / Lon: 40.696724 / -73.92755
  • Property Class: Exempt
  • Zoning: R6
  • County Use Code: I6

Amenities

  • Plus Four: 3253

Ownership Info

48 Cedar St has no associated ownership info
48 Cedar St has no associated ownership info.

Taxes

48 Cedar St has 10 associated Taxes items

48 Cedar St, Brooklyn, NY pays taxes in Kings County, NY. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $17,875,800. The APN we've located for 48 Cedar St is 03232-0001.

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Taxes
  • Assessed Value:  $17,875,800
  • Assessed Year:  2026
  • Assessed County:  Kings
  • APN:  03232-0001
  • Assessed Land Value:  438300
  • Market Land Value:  974000
  • Tax Amount:  1763195.93
  • Tax Year:  2025
  • Market Value:  39724000
  • Market Year:  2026

Tax History

48 Cedar St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $17,875,800 Land Value $438,300 Improvement Value $17,437,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,763,195.88 Change Rate +0.00962% Assessed CR Tax Rate
Year 2024 Assessed Value $17,190,000 Land Value $438,300 Improvement Value $16,751,700 Tax Amount $1,746,395 Change Rate -0.00294% Assessed CR Tax Rate +0.101594%
Year 2023 Assessed Value $16,843,500 Land Value $438,300 Improvement Value $16,405,200 Tax Amount $1,751,545.25 Change Rate +0.035967% Assessed CR Tax Rate +0.103989%
Year 2022 Assessed Value $15,881,400 Land Value $438,300 Improvement Value $15,443,100 Tax Amount $1,690,733.88 Change Rate -0.462263% Assessed CR Tax Rate +0.10646%
Year 2021 Assessed Value $14,700,600 Land Value $438,300 Improvement Value $14,262,300 Tax Amount $3,144,164.25 Change Rate Assessed CR Tax Rate +0.21388%
Year 2020 Assessed Value $18,110,700 Land Value $438,300 Improvement Value $17,672,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $17,576,550 Land Value $438,300 Improvement Value $17,138,250 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $16,888,950 Land Value $438,300 Improvement Value $16,450,650 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $15,906,150 Land Value $438,300 Improvement Value $15,467,850 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $15,114,150 Land Value $438,300 Improvement Value $14,675,850 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $14,314,050 Land Value $438,300 Improvement Value $13,875,750 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $13,333,950 Land Value $438,300 Improvement Value $12,895,650 Tax Amount Change Rate Assessed CR Tax Rate