387 Jay Street, Brooklyn, NY 11201 Property Information
387 Jay Street, Brooklyn, NY 11201 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 387 Jay Street |
| Neighborhood | Downtown Brooklyn |
| Zip code | 11201 |
| Borough | Brooklyn |
| Block & lot | 00151-0020 |
Sales & Tax Overview for 387 Jay Street, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 09/10/2025 |
| Purchase price | $14,500,000 |
| Tax class | Register |
| Estimated property tax | $35,879 |
Lot & Building Information for 387 Jay Street, Brooklyn
| Lot sqft | 1,150 |
| Lot dimensions | |
| Building class | Predominant Retail with Other Uses (K4) |
| Building sqft | 2,650 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 3 |
| Year built | 1920 |
| Year last altered | 1980 |
| Construction type | Register |
Area Overview
| School district | 13 |
| Community district | 2 |
| Closest police station | 0.30 Miles |
| Closest fire station | 0.39 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 387 Jay Street, Brooklyn
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About 387 Jay Street, Brooklyn
This Predominant Retail with Other Uses (K4) located at 387 Jay Street, Brooklyn, NY 11201 has a total of 2,650 square feet and a current price per square foot of $5,471.
What is the year built & the current market value of 387 Jay Street, Brooklyn, NY 11201?387 Jay Street, Brooklyn, NY 11201 was built in 1920 and has a current tax assessor's market value of $744,000.
How many commercial spaces does this building have?This building has 2 commercial spaces available for lease.
Ownership Information for 387 Jay Street, Brooklyn
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Past Sales & Property History for 387 Jay Street, Brooklyn
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Title Documents for 387 Jay Street, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 387 Jay Street, Brooklyn
Access detailed property tax data for 387 Jay Street, Brooklyn, NY 11201. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $36,319 |
| Estimated property tax: | $35,879 |
| Tax assessor's market value: | $744,000 |
| Assessed value: | $334,800 |
Assessment History for 387 Jay Street, Brooklyn
Here's the assessment & property tax history for 387 Jay Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $744,000 | $334,800 | $334,800 | 10.848% | $36,319 | $36,319 | -19.71% |
| 2024/25 | $934,000 | $420,300 | $420,300 | 10.762% | $45,233 | $45,233 | -5.45% |
| 2023/24 | $1,006,000 | $452,700 | $451,640 | 10.592% | $47,838 | $47,838 | +3.80% |
| 2022/23 | $962,000 | $432,900 | $432,900 | 10.646% | $46,087 | $46,087 | +18.15% |
| 2021/22 | $806,000 | $362,700 | $362,700 | 10.755% | $39,008 | $39,008 | -22.95% |
Permits for 387 Jay Street, Brooklyn
The complete history of permits filed for 387 Jay Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
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Brooklyn Commercial Market Stats
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
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Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Jay St & Willoughby St at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | A-C-F-R | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Jay St/Fulton St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B62 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 387 Jay Street, Brooklyn
Here are the neighbors for 387 Jay Street, Brooklyn, NY 11201.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 44 Willoughby St, Brooklyn | 6,900 | 11/30/2017 | $11,000,000 |
| 146 Lawrence St, Brooklyn | 10,836 | 12/23/2008 | $5,500,000 |
| 395 Jay St, Brooklyn | 12,520 | 02/29/1996 | |
| 255 Adelphi St, Brooklyn | 100,674 | ||
| 136 Lawrence St, Brooklyn | 8,310 | 03/08/2016 | $15,000,000 |
| 451 Fulton St, Brooklyn | 4,987 | 09/27/1988 | |
| 453 Fulton St, Brooklyn | 5,300 | 12/14/2022 | |
| 461 Fulton St, Brooklyn | 12,420 | 03/01/2024 | |
| 385 Jay St, Brooklyn | 3,070 | 09/10/2025 | $14,500,000 |
| 142 Lawrence St, Brooklyn | 3,860 | 11/21/2024 | $5,000,000 |
| 447 Fulton St, Brooklyn | 9,094 | 10/11/2005 | $12,000,000 |
| 465 Fulton St, Brooklyn | 4,096 | 09/21/2018 | $3,500,000 |
| 463 Fulton St, Brooklyn | 4,680 | 04/16/2020 | |
| 144 Lawrence St, Brooklyn | 3,780 | 11/05/2008 | $2,125,000 |
| 56 Willoughby St, Brooklyn | 5,320 | 05/04/2023 | $6,300,000 |
| 140 Lawrence St, Brooklyn | 4,640 | 01/15/2013 | $1,828,000 |
| 54 Willoughby St, Brooklyn | 3,920 | 07/26/2006 | $1,700,000 |