Kings  »  11217  »  Atlantic Ave  »  388 Atlantic Ave

388 Atlantic Avenue, Brooklyn, NY 11217 - Property report

Also known as: 388 Atlantic Ave

Property image for 388 Atlantic Avenue, Brooklyn, NY 11217
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Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

1920

Lot sq. ft.

2,860

Sale price

$3,000,000

General information

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Address
Primary address
388 Atlantic Avenue
ZIP code
11217
Neighborhood
Boerum Hill
Borough
Brooklyn
Block & lot
00183-0028

Owner

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Building
Property type
Office with Commercial - 1 to 6 Stories (O5)
Building sq. ft.
8,582
Building dimensions
25 ft x 114.42 ft
Buildings on lot
1
Stories
3
Year built
1920
Last altered
2014
Building material
Sales
Sale date
04/01/2024
Sale price
$3,000,000
Tax
Tax year
2026-2027
Property tax
$89,577
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Commercial units
2
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 114.42 ft
Lot sq. ft.
2,860

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
School district
15
Community district
2
Closest police station
0.57 Miles
Closest fire station
0.14 Miles

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

Ownership

Ownership information for 388 Atlantic Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 388 Atlantic Avenue, Brooklyn, NY 11217

Sale date Sale price Buyer name Seller name
04/01/2024 $3,000,000 XXX XXXXXXX XXXXX, XXX. XXX XXXX XXXXXXX XXX XXXXXXXX XXXXXX, XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/05/2024 - R
04/01/2024 - D		 Deed
(2024040400514001)		 XXX XXXXXXXX XXXXXX XXX XXX XXXXXXX XXXXX XXX XXX XXXX XXXXXXX
06/16/2020 - D
06/16/2020 - R		 Landmark Designation
(2020061600727001)		 XXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX
12/27/2007 - R
11/29/2007 - D		 Zoning Lot Description
(2007122600056002)		 XXX XXXXXXXX XXX XX X
12/27/2007 - R
10/01/2007 - D		 Certificate
(2007122600056001)		 XXXXXXX XXXXX XXXXXXXXX XXXXXXXXXXX
10/06/2000 - R Discharge of Tax Lien
(3780007360578)		 XXXX XX XXX XXXX
01/25/1999 - R Assignment of Tax Lien
(3480006428048)		 XXXXX XXXXX XXXXX XXXX XX XXX XXXX
07/29/1998 - R Tax Lien Sale Certificate
(3180006152618)		 XXXX XX XXX XXXX XXXXX XXXXX XXXXX
01/21/1998 - R UCC3 Termination
(3130005908913)		 XXXXXX XXXXXX X XXXX XXXXXXXX XXXXXXX XXXXXXX XXXX
01/21/1998 - R UCC3 Termination
(3100005908910)		 XXXXXX XXXXXX X XXXX XXXXXXXX XXXXXXX XXXXXXX XXXX
11/24/1995 - R Initial UCC1
(3040004927704)		 XXXXXX XXXXXX X XXXX XXXXXXXX XXXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 388 Atlantic Avenue, 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
$89,577
Municipal exemptions
Recent tax assessments
Market value
$1,990,000
Assessed value
$895,500

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 $2,008,000 $903,600 $745,920 10.848% $80,917 $80,917 +7.82%
2024/25 $1,806,000 $812,700 $697,320 10.762% $75,046 $75,046 +8.15%
2023/24 $1,741,000 $783,450 $655,110 10.592% $69,389 $69,389 +7.79%
2022/23 $1,630,000 $733,500 $604,710 10.646% $64,377 $64,377 +20.60%
2021/22 $1,103,000 $496,350 $496,350 10.755% $53,382 $53,382 -5.90%
2020/21 $1,468,000 $660,600 $530,460 10.694% $56,727 $56,727 +16.17%
2019/20 $1,337,000 $601,650 $463,410 10.537% $48,830 $48,830 +15.73%
2018/19 $1,181,000 $531,450 $401,310 10.514% $42,194 $42,194 +12.81%
2017/18 $961,000 $432,450 $355,732 10.514% $37,402 $37,402 +7.98%
2016/17 $947,000 $426,150 $327,558 10.574% $34,636 $34,636 +18.78%
Permits

Permit information for 388 Atlantic Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
01/29/2026 Alteration
11/14/2025 Alteration
09/24/2025 Alteration
09/24/2025 Alteration
12/15/2014 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
02/24/2017 Lblvio-low pressure boiler
06/01/2016 Evcat5-non-residential elevator periodic inspecion/test
04/02/2015 E-elevator

*Most recent DOB violations on record for this property.

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Bond St & Schermerhorn St at NW Corner
Station lines
A-C-G
Distance (miles)
0.126
View subway map

Access the detailed traffic volume map for 388 Atlantic Avenue, 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

Neighbors for 388 Atlantic Avenue, Brooklyn, NY

380 Atlantic Ave, Brooklyn 378 Atlantic Ave, Brooklyn 370 Atlantic Ave, Brooklyn 390 Atlantic Ave, Brooklyn 387 Pacific St, Brooklyn 379 Pacific St, Brooklyn 374 Atlantic Ave, Brooklyn 366 Atlantic Ave, Brooklyn 396 Atlantic Ave, Brooklyn 372 Atlantic Ave, Brooklyn 394 Atlantic Ave, Brooklyn 383 Pacific St, Brooklyn 384 Atlantic Ave, Brooklyn 398 Atlantic Ave, Brooklyn 382 Atlantic Ave, Brooklyn 112 Bond St, Brooklyn 385 Pacific St, Brooklyn 376 Atlantic Ave, Brooklyn 381 Pacific St, Brooklyn

Nearby ZIP codes for 388 Atlantic Avenue, Brooklyn, NY

10002, New York City, NY 10004, New York City, NY 10005, New York City, NY 10006, New York City, NY 10007, New York City, NY 10038, New York City, NY 10271, New York City, NY 10278, New York City, NY 10279, New York City, NY 11201, New York City, NY 11205, New York City, NY 11206, New York City, NY 11215, New York City, NY 11216, New York City, NY 11218, New York City, NY 11225, New York City, NY 11226, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 388 Atlantic Avenue, Brooklyn, NY 11217?

The development at 388 Atlantic Avenue, Brooklyn, NY 11217 was built in 1920.

What is the market value of 388 Atlantic Avenue, Brooklyn, NY 11217?

The current market value of 388 Atlantic Avenue, Brooklyn, NY 11217 is $1,990,000.

What is the total square footage of 388 Atlantic Avenue, Brooklyn, NY 11217?

388 Atlantic Avenue, Brooklyn, NY 11217 has a total of 8,582 square feet.

What is the price per square foot for this property?

$349 per square foot is the price for 388 Atlantic Avenue, Brooklyn, NY 11217.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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