New York City » 11217 » State St » 388 State St

388 State Street, Brooklyn, NY 11217 - Property report

Also known as: 74-78 Bond St

Property image for 388 State Street, Brooklyn, NY 11217

Property type

City Residence One Family (A4)

Year built

1899

Lot sq. ft.

1,832

Sale price

$2,400,000

General information

Address

Primary address

388 State Street

Alternate address(es)

74-78 Bond St

ZIP code

11217

Neighborhood

Boerum Hill

Borough

Brooklyn

Block & lot

00177-0028

Building

Property type

City Residence One Family (A4)

Building sq. ft.

3,240

Building dimensions

24.92 ft x 59 ft

Buildings on lot

Stories

Year built

1899

Building material

Stone

Exterior wall

None

Basement

Garage type

Attached Garage

Sales

Sale date

06/12/2015

Sale price

$2,400,000

Tax

Tax year

2026-2027

Property tax

$15,451

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Bond Street (narrow)
State Street (narrow)

Nearest wide street

Atlantic Avenue

Distance to wide street

Lot dimensions

24.92 ft x 59 ft

Lot sq. ft.

1,832

Area overview

Walk score

98 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

93 /100. Biker's Paradise

School district

Community district

Closest police station

0.53 Miles

Closest fire station

0.10 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 388 State Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 388 State Street, Brooklyn, NY 11217

Sale date	Sale price	Buyer name	Seller name
06/12/2015	$2,400,000	XXXXXXXX, XXXXXXXXX XXX XXXXXXXX, XXXXXX	XXXXX XX XXX
12/12/2013	$1,900,000	XXXXXXX, XXXXXX XXX XXXXXXX, XXXXXXX	XXXXXXXXX, XXXXX XXX XXXXXXXXX, XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/18/2022 - R 08/05/2022 - D	Agreement (2022081200632004)	XXXXXXX XXXXXXXXX X	XXXX XX XXXXXXX X X
08/18/2022 - R 08/05/2022 - D	Mortgage (2022081200632003)	XXXXXXXX XXXXXX X	XXXX XX XXXXXXX XX
08/18/2022 - R 08/05/2022 - D	Assignment, Mortgage (2022081200632002)	XXXX XX XXXXXXX XX	XXXX XX XXXXXXX XX
08/18/2022 - R 06/22/2022 - D	Assignment, Mortgage (2022081200632001)	XXXXXXXX XXXX X X	XXXX XX XXXXXXX XX
07/08/2015 - R 06/29/2015 - D	Satisfaction of Mortgage (2015063000508001)	XXXXXXX XXXXXXX	XXXXX XXXXXXXX XXXX
07/02/2015 - R 06/12/2015 - D	Mortgage (2015061700820003)	XXXXXXXX XXXXXX	XXX XXXXXXXX X X
07/02/2015 - R 06/12/2015 - D	Deed (2015061700820002)	XXXXX XX XXX	XXXXXXXX XXXXXXXXX
07/02/2015 - R 06/06/2015 - D	Power of Attorney (2015061700820001)	XXXXXXXX XXXXXXXXX	XXXXXXXX XXXXXX
06/04/2014 - R 05/29/2014 - D	Zoning Lot Description (2014060301632001)	XXXXX XX XXX
06/04/2014 - R 04/24/2014 - D	Certificate (2014060301632002)	XXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 388 State Street, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$15,451

Municipal exemptions

Recent tax assessments

Market value

$1,472,000

Assessed value

$88,320

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$1,389,000	$83,340	$73,458	19.843%	$14,576	$14,576	+4.72%
2024/25	$1,155,000	$69,300	$69,300	20.085%	$13,919	$13,919	-3.99%
2023/24	$1,203,000	$72,180	$72,180	20.085%	$14,497	$14,497	+2.08%
2022/23	$1,341,000	$603,450	$115,768	12.267%	$14,201	$14,201	+8.28%
2021/22	$1,261,000	$567,450	$107,193	12.235%	$13,115	$13,115	+7.72%
2020/21	$1,224,000	$550,800	$99,254	12.267%	$12,175	$12,175	+6.22%
2019/20	$1,141,000	$513,450	$91,902	12.473%	$11,463	$11,463	-1.10%
2018/19	$1,086,000	$488,700	$91,902	12.612%	$11,591	$11,591	+2.33%
2017/18	$949,000	$427,050	$89,052	12.719%	$11,327	$11,327	+6.55%
2016/17	$861,000	$387,450	$82,456	12.892%	$10,630	$10,630	+8.07%

Permits

Permit information for 388 State Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
07/19/2017	Alteration type 3
06/19/2017	Alteration type 3
04/11/2016	Alteration type 3
12/04/2015	Alteration type 1
12/04/2015	Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	07/12/2016	B

*Most recent HPD violation on record for this property.

Neighborhood

Dumbo, Vinegar Hill, Down Town Brooklyn, Boerum Hill residential market stats

Access a detailed real estate market overview of Dumbo, Vinegar Hill, Down Town Brooklyn, Boerum Hill so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Dumbo, Vinegar Hill, Down Town Brooklyn, Boerum Hill and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Bond St & Schermerhorn St at NW Corner

Station lines

A-C-G

Distance (miles)

0.068

View subway map

Access the detailed traffic volume map for 388 State Street, Brooklyn, NY 11217 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 38 The Pacific	6	Yes	Public	PK, K-5	537	0.19
P.S. 38 The Pacific	6	Yes	Public	PK, K-5	537	0.19
P.S. 369 Coy L Cox School	NR	No	Public	K-12	487	0.06
Zipporiah Mills	6	No	Public	PK, K-5	610	0.19
Zipporiah Mills	6	No	Public	PK, K-5	610	0.19
The Sterling School	NR	No	Private	3-6	22	0.21
Brooklyn Prospect Charter-Downtown	7	No	Charter	K-8	704	0.31
Brooklyn Prospect Charter School - CSD 13.2	8	No	Charter	K-5	404	0.31
Brooklyn Autism Center Academy	NR	No	Private	K	21	0.35
Science, Language & Arts International School	NR	No	Private	PK, K-5	0	0.39

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 369 Coy L Cox School	NR	No	Public	K-12	487	0.06
Brooklyn Prospect Charter-Downtown	7	No	Charter	K-8	704	0.31
The Math And Science Exploratory School	7	No	Public	6-8	522	0.35
Hanson Place Elementary School	NR	No	Private	PK-8	43	0.39
Hanson Place Elementary School	NR	No	Private	PK, K-8	99	0.40
Hensen Preparatory School	NR	No	Private	PK, K-8	0	0.40
A Fantis School	NR	No	Private	PK, K-8	0	0.40
Brooklyn Friends School	NR	No	Private	PK-12	860	0.41
School For International Studies	5	No	Public	6-12	782	0.51

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 369 Coy L Cox School	NR	No	Public	K-12	487	0.06
Khalil Gibran International Academy	2	No	Public	9-12	134	0.27
Brooklyn Frontiers High School	3	No	Public	9-12	145	0.30
St Joseph High School	NR	No	Private	9-12	233	0.31
St Joseph High School	NR	No	Private	9-12	0	0.31
St. Joseph High School	NR	No	Private	9-12	0	0.33
Brooklyn High School of the Arts	5	No	Public	9-12	927	0.35
Cobble Hill School of American Studies	1	No	Public	9-12	316	0.37
Brooklyn Friends School	NR	No	Private	PK-12	860	0.41
Fusion Academy Brk: Brooklyn	NR	No	Private	6-12	57	0.42

Neighbors for 388 State Street, Brooklyn, NY

384 State St, Brooklyn 376 State St, Brooklyn 366 State St, Brooklyn 399 Atlantic Ave, Brooklyn 387 Atlantic Ave, Brooklyn 382 State St, Brooklyn 393 Atlantic Ave, Brooklyn 389 Atlantic Ave, Brooklyn 385 Atlantic Ave, Brooklyn 378 State St, Brooklyn 380 State St, Brooklyn 80 Bond St, Brooklyn 82 Bond St, Brooklyn 391 Atlantic Ave, Brooklyn 374 State St, Brooklyn 372 State St, Brooklyn 368 State St, Brooklyn 79 Bond St, Brooklyn 370 State St, Brooklyn

Frequently asked questions

What is the year built for 388 State Street, Brooklyn, NY 11217?

The development at 388 State Street, Brooklyn, NY 11217 was built in 1899.

What is the total square footage of 388 State Street, Brooklyn, NY 11217?

388 State Street, Brooklyn, NY 11217 has a total of 3,240 square feet.

When was 388 State Street, Brooklyn, NY 11217 last sold and what was the sale price?

388 State Street, Brooklyn, NY 11217 was last sold on 06/12/2015 for $2,400,000.

What is the assessed value of 388 State Street, Brooklyn, NY 11217?

388 State Street, Brooklyn, NY 11217 is currently assessed at $88,320.

What are the property taxes for 388 State Street, Brooklyn, NY 11217?

The property taxes for 388 State Street, Brooklyn, NY 11217 total $15,450.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.