48 STANHOPE Street #1R, New York City, NY 11221
Listing Courtesy of Corcoran Group
$1,095,000
Potential Rebate: $16,425
Overview
Welcome to Residence 1R at 48 Stanhope Street - a beautifully designed 1-bedroom, 1.5-bath duplex that blends modern elegance with smart functionality in the heart of Bushwick.<br> <br> The entry level features nearly 10-foot ceilings, wide-plank white oak floors, and an open-concept living and dining area that flows seamlessly into a private backyard - a tranquil outdoor retreat perfect for entertaining, gardening, or relaxing under the trees.<br> <br> The custom kitchen is sleek and minimalist, equipped with top-of-the-line Fisher & Paykel appliances, including a paneled refrigerator, dishwasher, and microwave. Custom cabinetry and quartz countertops, creating a refined yet inviting aesthetic.<br> <br> A bright bedroom with two oversized windows overlooks the backyard and includes a walk-in closet for ample storage. The full bathroom, located off the hallway, is a calming sanctuary with soft neutral tiles, a double vanity, and brushed nickel fixtures. A closet with washer/dryer on this level adds everyday convenience.<br> <br> The lower level offers remarkable versatility - a large recreation room ideal for a home office, gym, or media lounge - complete with a half bath, additional storage, and a lightwell that brings in natural light.<br> <br> Additional highlights include central heating and cooling and pre-wired speakers.<br> <br> Located on a quiet, tree-lined block in vibrant Bushwick, 48 Stanhope is surrounded by beloved local spots such as Sunrise/Sunset, Hart Bar, L'Imprimerie Bakery, Santa Panza, and Bonjour Brooklyn Bakery, with the M train just a few blocks away for quick access to Manhattan.<br> <br> THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM THE SPONSOR 48 STANHOPE LLC AT 40 MELVILLE LANE, GREAT NECK, NY 11023 . FILE NO. CD24-0359<br>
Home Features
- •Central Air
- •Washer Hookup
- •In Unit
- •Private Outdoor Space Over 60 Sqft
- •Dining Area
Estimated Monthly Payment
$5,973 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$16,425
Monthly savings impact
$46/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Similar Homes
48 STANHOPE Street #4R, New York City, NY 11221
Listing Courtesy of Corcoran Group
1019 HANCOCK Street #TWNHSE, New York City, NY 11221
Listing Courtesy of Serhant
20-35 Menahan Street, New York City, NY 11221
Listing Courtesy of Crifasi Realty Associates Inc
654 JEFFERSON Avenue #2A, New York City, NY 11221
Listing Courtesy of Corcoran Group
1242 HANCOCK Street #3, New York City, NY 11221
Listing Courtesy of Douglas Elliman Real Estate
1230 PUTNAM Avenue #3, New York City, NY 11221
Listing Courtesy of Douglas Elliman Real Estate
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
Member
Verified
Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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 and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20055573
Price Analysis
Compare average listing prices and value metrics for 48 Stanhope Street against the surrounding Bushwick market.
Average List Price
Price Per SqFt
8.18% Lower
than the Bushwick price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Bushwick
Overview of Bushwick
Bushwick is New York's capital of street art and industrial cool. A former manufacturing hub, it has transformed into a globally recognized center for creativity, nightlife, and youth culture. For buyers seeking Bushwick Brooklyn real estate, it offers converted lofts, colorful streetscapes, and an energy that is unmatched anywhere else in the borough.
Living in Bushwick is vibrant. The streets are a living canvas, home to the Bushwick Collective outdoor gallery. As a premier Brooklyn NYC neighborhood with no strict zoning height limits in many parts, it is a landscape of constant reinvention.
Real Estate & Housing Market
The market for homes for sale in Bushwick is diverse. It ranges from vinyl-sided multi-family homes to massive industrial loft conversions and sleek new condo developments.
Investors and first-time buyers flock here for the potential. While prices have risen, it still offers more square footage than Williamsburg.
Lifestyle & Community
The lifestyle in Bushwick is nocturnal and artistic. Residents dine at Roberta's (famous for pizza), drink at House of Yes (famous for performance art parties), and shop at vintage stores.
The community is a dynamic mix of the long-standing Latino community and a massive influx of artists, musicians, and young professionals.
Transportation & Accessibility
Bushwick is served by the L, M, and J/Z trains. The L train at Morgan or Jefferson provides a direct 15-minute shot to Union Square.
The M train offers an elevated view of the city and connects easily to Midtown.
Parks, Schools & Amenities
Maria Hernandez Park is the neighborhood's living room, filled with soccer games, dog walkers, and skaters.
Amenities are unconventional: instead of big-box stores, you have art supply shops, techno clubs, and organic bodegas.
Who This Neighborhood Is Best For
Bushwick is best for artists, nightlife lovers, and investors looking for a high-growth neighborhood with a distinct edge.
