We report on the successful science verification phase of a new observing mode at the Keck interferometer, which provides a line-spread function width and sampling of 150km/s at K-band, at a current limiting magnitude of K~7mag with spatial resolution of lam/2B ~2.7mas and a measured differential phase stability of unprecedented precision (3mrad at K=5mag, which represents 3uas on sky or a centroiding precision of 10^-3). The scientific potential of this mode is demonstrated by the presented observations of the circumstellar disk of the evolved Be-star 48Lib. In addition to indirect methods such as multi-wavelength spectroscopy and polaritmetry, the here described spectro-interferometric astrometry provides a new tool to directly constrain the radial density structure in the disk. We resolve for the first time several Pfund emission lines, in addition to BrGam, in a single interferometric spectrum, and with adequate spatial and spectral resolution and precision to analyze the radial disk structure in 48Lib. The data suggest that the continuum and Pf-emission originates in significantly more compact regions, inside of the BrGam emission zone. Thus, spectro-interferometric astrometry opens the opportunity to directly connect the different observed line profiles of BrGam and Pfund in the total and correlated flux to different disk radii. The gravitational potential of a rotationally flattened Be star is expected to induce a one-armed density perturbation in the circumstellar disk. Such a slowly rotating disk oscillation has been used to explain the well known periodic V/R spectral profile variability in these stars, as well as the observed V/R cycle phase shifts between different disk emission lines. The differential line properties and linear constraints set by our data lend support to the existence of a radius-dependent disk density perturbation.