Kings » 11231 » 3rd St » 38 3rd St

38 3rd Street, Brooklyn, NY 11231 - Property report

Also known as: 38 3rd St

Property image for 38 3rd Street, Brooklyn, NY 11231

Property type

Over Six Families without Stores (C1)

Year built

1920

Lot sq. ft.

2,700

Sale price

$6,900,000

General information

Address

Primary address

38 3rd Street

ZIP code

11231

Neighborhood

Carroll Gardens

Borough

Brooklyn

Block & lot

00464-0027

Building

Property type

Over Six Families without Stores (C1)

Building sq. ft.

8,640

Building dimensions

27 ft x 64 ft

Buildings on lot

Stories

Year built

1920

Last altered

2018

Building material

Sales

Sale date

01/12/2024

Sale price

$6,900,000

Tax

Tax year

2026-2027

Property tax

$31,795

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

27 ft x 100 ft

Lot sq. ft.

2,700

Area overview

Walk score

96 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

92 /100. Biker's Paradise

School district

Community district

Closest police station

0.48 Miles

Closest fire station

0.46 Miles

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

Ownership

Ownership information for 38 3rd 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 38 3rd Street, Brooklyn, NY 11231

Sale date	Sale price	Buyer name	Seller name
01/12/2024	$6,900,000	XXXXXXXXX XXXXXX X X X	XX XX X XX XXX, XXX
04/24/2018	$4,550,000	XX XX X XX XXX XXX	XXX XXX XXX XXXXX & XXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/30/2025 - R	UCC3 Termination (2025121900700035)	XXXXXXXXX XXXXXX X X X	XXXXXXX XXX XXXXXXXXXXX X X
12/30/2025 - R 12/15/2025 - D	Termination of Assign of L&R (2025121900700009)	XXXXXXX XXX XXXXXXXXXXX X X	XXXXXXXXX XXXXXX X X X
03/25/2025 - R	UCC3 Continuation (2025032500192001)	XX XXX X XXX XXX XXX	XXXXXXXXXX XXXX
02/21/2024 - R 02/01/2024 - D	Satisfaction of Mortgage (2024022000135001)	XXXXXXXXXX XXXXX	XXXXXXXX XXXXXXXX XXXX
01/22/2024 - R	Initial UCC1 (2024011800741005)	XXXXXXXXX XXXXXX X X X	XXXXXXX XXX XXXXXXXXXXX X X
01/19/2024 - R	UCC3 Amendment (2024011700193006)	XX XX X XX XXX XXX	XXXXXXXXXX XXXX
01/22/2024 - R 01/12/2024 - D	Assignment of Leases and Rents (2024011800741004)	XXXXXXXXX XXXXXX X X X	XXXXXXX XXX XXXXXXXXXXX X X
01/22/2024 - R 01/12/2024 - D	Mortgage Spreader Agreement (2024011800741003)	XXXXXXXXX XXXXXX X X X	XXXXXXX XXX XXXXXXXXXXX X X
01/19/2024 - R 01/12/2024 - D	Assignment, Mortgage (2024011700193004)	XXXXXXXXXX XXXX	XXXXXXX XXX XXXXXXXXXXX X X
01/19/2024 - R 01/12/2024 - D	Deed (2024011700193003)	XX XX X XX XXX XXX	XXXXXXXXX XXXXXX X X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 38 3rd 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

$31,795

Municipal exemptions

Recent tax assessments

Market value

$4,092,000

Assessed value

$1,841,400

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	$3,410,000	$1,534,500	$255,607	12.439%	$31,795	$31,795	+1.99%
2024/25	$2,842,000	$1,278,900	$249,394	12.5%	$31,174	$31,174	+97.22%
2023/24	$2,370,000	$1,066,500	$126,432	12.502%	$15,807	$15,807	+8.66%
2022/23	$2,329,000	$1,048,050	$118,589	12.267%	$14,547	$14,547	+8.28%
2021/22	$1,863,000	$838,350	$109,807	12.235%	$13,435	$13,435	-0.26%
2020/21	$1,809,000	$814,050	$109,807	12.267%	$13,470	$13,470	+2.82%
2019/20	$1,686,000	$758,700	$105,028	12.473%	$13,100	$13,100	+6.80%
2018/19	$1,405,000	$632,250	$97,255	12.612%	$12,266	$12,266	+5.72%
2017/18	$1,192,000	$536,400	$91,222	12.719%	$11,603	$11,603	+6.55%
2016/17	$1,118,000	$503,100	$84,467	12.892%	$10,889	$10,889	+0.07%

Permits

Permit information for 38 3rd Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
01/28/2026	Alteration
12/03/2023	Alteration
07/06/2018	Alteration
07/05/2018	Alteration
05/25/2018	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
	06/01/1994	Ll6291-local law 62/91 - boilers
	08/16/1993	Ll6291-local law 62/91 - boilers
	06/01/1993	Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Smith St & 2nd St at SE Corner

Station lines

F-G

Distance (miles)

0.095

View subway map

Access the detailed traffic volume map for 38 3rd Street, Brooklyn, NY 11231 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

Frequently asked questions

What is the year built for 38 3rd Street, Brooklyn, NY 11231?

The development at 38 3rd Street, Brooklyn, NY 11231 was built in 1920.

What is the total square footage of 38 3rd Street, Brooklyn, NY 11231?

38 3rd Street, Brooklyn, NY 11231 has a total of 8,640 square feet.

When was 38 3rd Street, Brooklyn, NY 11231 last sold and what was the sale price?

38 3rd Street, Brooklyn, NY 11231 was last sold on 01/12/2024 for $6,900,000.

What is the assessed value of 38 3rd Street, Brooklyn, NY 11231?

38 3rd Street, Brooklyn, NY 11231 is currently assessed at $1,841,400.

What are the property taxes for 38 3rd Street, Brooklyn, NY 11231?

The property taxes for 38 3rd Street, Brooklyn, NY 11231 total $31,794.

How many residential units does this building have?

This building has 8 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.