Kings  »  11215  »  Prospect Ave  »  388 Prospect Ave

388 Prospect Avenue, Brooklyn, NY 11215 - Property report

Also known as: 388 Prospect Ave

Property image for 388 Prospect Avenue, Brooklyn, NY 11215
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Property type

Five to Six Families (C2)

Year built

1931

Lot sq. ft.

2,004

Sale price

$2,725,000

General information

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Address
Primary address
388 Prospect Avenue
ZIP code
11215
Neighborhood
Park Slope
Borough
Brooklyn
Block & lot
00869-0018

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
4,308
Building dimensions
25 ft x 60 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Sales
Sale date
03/18/2026
Sale price
$2,725,000
Tax
Tax year
2026-2027
Property tax
$7,670
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
6
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 80.17 ft
Lot sq. ft.
2,004

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
86 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
0.81 Miles
Closest fire station
0.33 Miles

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

Ownership

Ownership information for 388 Prospect 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 Prospect Avenue, Brooklyn, NY 11215

Sale date Sale price Buyer name Seller name
03/18/2026 $2,725,000 XXX XXXXXXXX XXX XXXXX XXX. XXXXXXXXXX XXXXX, 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
07/09/2026 - R
06/16/2026 - D		 Zoning Lot Description
(2026070800109002)		 XXX XXXXXXXX XXX XXXXX XXX
07/09/2026 - R
06/11/2026 - D		 Certificate
(2026070800109001)		 XXXXXXXX XXXXXXXX XXXXXXX XXX
04/14/2026 - R
03/18/2026 - D		 Mortgage
(2026041300326002)		 XXX XXXXXXXX XXX XXXXX XXX XXXX XXXXXX XXX XXXXXX XXXXXX
04/14/2026 - R
03/18/2026 - D		 Mortgage
(2026041300326001)		 XXX XXXXXXXX XXX XXXXX XXX XXXX XXXXXX XXX XXXXXX XXXXXX
03/26/2026 - R
03/18/2026 - D		 Deed
(2026032600816001)		 XXXXXXXXXX XXXXX XXX XXX XXXXXXXX XXX XXXXX XXX
12/15/2006 - R
12/07/2006 - D		 Deed
(2006121301825001)		 XXXXXXXXX XXXXX XXXX XXXXX XXX XXXXXXXXXX XXXXX XXX
07/31/2000 - R Satisfaction of Mortgage
(3190007284319)		 XXXXXXXX XX
07/27/2000 - R UCC3 Termination
(3190007261019)		 XXXXXXXXX XXXXX XXXXXXXXX XXX XXXXXXXX XX
04/14/2000 - R UCC3 Continuation
(3450007107445)		 XXXXXXXXX XXXXX XXXXXXXXX XXX XXXXXXXX XX
03/14/1995 - R UCC3 Continuation
(3590004671759)		 XXXXXXXXX XXXXX XXXXXXXXX XXX XXXXXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 388 Prospect 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
$7,670
Municipal exemptions
Recent tax assessments
Market value
$2,053,000
Assessed value
$923,850

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 $1,771,000 $796,950 $0 12.439% $7,102 $0 n/a
2024/25 $1,552,800 $698,760 $0 12.5% $7,137 $0 n/a
2023/24 $1,294,000 $582,300 $0 12.502% $6,911 $0 n/a
2022/23 $1,078,000 $485,100 $0 12.267% $6,281 $0 n/a
2021/22 $862,000 $387,900 $0 12.235% $5,803 $0 n/a
2020/21 $971,000 $436,950 $0 12.267% $5,388 $0 n/a
2019/20 $1,213,600 $546,120 $0 12.473% $5,478 $0 n/a
2018/19 $1,517,000 $682,650 $0 12.612% $5,363 $0 n/a
2017/18 $1,305,000 $587,250 $0 12.719% $5,009 $0 n/a
2016/17 $1,189,000 $535,050 $0 12.892% $4,704 $0 n/a
Permits

Permit information for 388 Prospect Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/25/2026 Alteration
06/16/2026 Alteration CO
06/08/2026 Alteration CO
04/22/2026 Alteration CO
04/08/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
07/24/2019 Aeuhaz1-fail to certify class 1
10/18/2017 Aeuhaz1-fail to certify class 1

*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
Prospect Park West & 16th St at NE Corner
Station lines
F
Distance (miles)
0.3
View subway map

Access the detailed traffic volume map for 388 Prospect Avenue, Brooklyn, NY 11215 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 Prospect Avenue, Brooklyn, NY

499 7th Ave, Brooklyn 359 17th St, Brooklyn 392 Prospect Ave, Brooklyn 410 Prospect Ave, Brooklyn 330 Prospect Ave, Brooklyn 349 17th St, Brooklyn 351 17th St, Brooklyn 398 Prospect Ave, Brooklyn 355 17th St, Brooklyn 396 Prospect Ave, Brooklyn 390 Prospect Ave, Brooklyn 404 Prospect Ave, Brooklyn 408 Prospect Ave, Brooklyn 406 Prospect Ave, Brooklyn 353 17th St, Brooklyn 400 Prospect Ave, Brooklyn 347 17th St, Brooklyn 402 Prospect Ave, Brooklyn 357 17th St, Brooklyn 361 17th St, Brooklyn

Nearby ZIP codes for 388 Prospect Avenue, Brooklyn, NY

10004, New York City, NY 10005, New York City, NY 10038, New York City, NY 10271, New York City, NY 11201, New York City, NY 11204, New York City, NY 11205, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, 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 Prospect Avenue, Brooklyn, NY 11215?

The development at 388 Prospect Avenue, Brooklyn, NY 11215 was built in 1931.

What is the total square footage of 388 Prospect Avenue, Brooklyn, NY 11215?

388 Prospect Avenue, Brooklyn, NY 11215 has a total of 4,308 square feet.

When was 388 Prospect Avenue, Brooklyn, NY 11215 last sold and what was the sale price?

388 Prospect Avenue, Brooklyn, NY 11215 was last sold on 03/18/2026 for $2,725,000.

What is the assessed value of 388 Prospect Avenue, Brooklyn, NY 11215?

388 Prospect Avenue, Brooklyn, NY 11215 is currently assessed at $923,850.

What are the property taxes for 388 Prospect Avenue, Brooklyn, NY 11215?

The property taxes for 388 Prospect Avenue, Brooklyn, NY 11215 total $7,670.

How many residential units does this building have?

This building has 6 residential unit(s).

Disclaimer

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