New York City  »  11206  »  Wallabout St  »  388 Wallabout St

388 Wallabout Street #1, Brooklyn, NY 11206 - Property report

Also known as: 388 Wallabout St #1

Property image for 388 Wallabout Street #1, Brooklyn, NY 11206
static Mapbox map

Property type

Condo - Residential Unit of 1-3 Unit Building (Original Class 1) (R6)

Year built

2012

Lot sq. ft.

2,500

Sale price

$450,000

General information

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Address
Primary address
388 Wallabout Street #1
ZIP code
11206
Neighborhood
Williamsburg
Borough
Brooklyn
Block & lot
02266-2101

Owner

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Building
Property type
Condo - Residential Unit of 1-3 Unit Building (Original Class 1) (R6)
Unit sq. ft.
2,844
Buildings on lot
1
Stories
4
Year built
2012
Sales
Sale date
12/08/2016
Sale price
$450,000
Tax
Tax year
2026-2027
Property tax
$8,021
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Distance to wide street
Lot sq. ft.
2,500

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
78 /100.  Very Bikeable
School district
14
Community district
1

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

Ownership

Ownership information for 388 Wallabout Street #1, 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 Wallabout Street #1, Brooklyn, NY 11206

Sale date Sale price Buyer name Seller name
12/08/2016 $450,000 XXXXXX, XXXXX XXXXXXXXX XXXXXX XXXXXX XXXXXXXX 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
06/30/2025 - R
06/12/2025 - D		 Both RPTT and RETT
(2025061900678001)		 XXX XXXXXXXXX XX XXXX X XXX XXX XXXXXXXXX XX XXXX X XXX
06/25/2025 - R
06/12/2025 - D		 Sundry Miscellaneous
(2025061900459003)		 XXXXXX XXXXX
06/25/2025 - R
06/12/2025 - D		 Declaration
(2025061900459002)		 XXX XXXXXXXXX XX XXXX X XXX
06/25/2025 - R
06/12/2025 - D		 Deed
(2025061900459001)		 XXXXXX XXXXX XXX XXXXXXXXX XX XXXX X XXX
02/28/2024 - R
02/06/2024 - D		 Declaration
(2024022600524007)		 XXXXXX XXXXX XXXXXXXX XXXXX
11/17/2021 - R
11/08/2021 - D		 Satisfaction of Mortgage
(2021111000711001)		 XXXXX XXXXX XXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXXXX
11/10/2021 - R
10/13/2021 - D		 Agreement
(2021110500859001)		 XXXXXX XXXXX XXXX
10/29/2021 - R
10/13/2021 - D		 Mortgage
(2021102600966004)		 XXXXXX XXXXX XXXX
10/29/2021 - R
09/30/2021 - D		 Assignment, Mortgage
(2021102600966002)		 XXXXXX XXXXXXXXX XXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
10/29/2021 - R
09/30/2021 - D		 Assignment, Mortgage
(2021102600966001)		 XXXX XXXXXX XXXXXXXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 388 Wallabout Street #1, 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
$8,021
Municipal exemptions
Recent tax assessments
Market value
$1,849,265
Assessed value
$110,955

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 $1,406,372 $84,382 $40,423 19.843% $8,021 $8,021 -0.46%
2024/25 $1,110,739 $66,644 $40,120 20.085% $8,058 $8,058 +6.00%
2023/24 $981,608 $58,896 $37,849 20.085% $7,602 $7,602 +4.83%
2022/23 $905,018 $54,301 $35,707 20.309% $7,252 $7,252 +7.83%
2021/22 $629,735 $37,784 $33,686 19.963% $6,725 $6,725 -5.14%
2020/21 $597,175 $35,830 $33,686 21.045% $7,089 $7,089 +0.17%
2019/20 $612,327 $36,740 $33,434 21.167% $7,077 $7,077 +7.25%
2018/19 $720,407 $43,224 $31,542 20.919% $6,598 $6,598 +21.96%
2017/18 $595,427 $35,726 $26,541 20.385% $5,410 $5,410 +8.09%
2016/17 $483,120 $28,987 $25,039 19.991% $5,006 $5,006 n/a
Permits

Permit information for 388 Wallabout Street #1, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Bedford residential market stats

Access a detailed real estate market overview of Bedford so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Bedford 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

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FEMA flood zones

Property location map
FEMA flood zones
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Lorimer St & Broadway at SW Corner
Station lines
J-M
Distance (miles)
0.094
View subway map

Access the detailed traffic volume map for 388 Wallabout Street #1, Brooklyn, NY 11206 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)
All Sts. Elementary School NR No Private K-8 0 0.16
Bnos Yaakov Educational Center NR No Private 1-12 700 0.31
Bais Rochel School NR No Private 1-7 370 0.31
Bais Rochel School NR No Private PK, K-12 4,198 0.32
Bais Rochel School NR No Private PK, K-12 4,198 0.32
Success Academy - Fort Greene 10 No Charter 5-8 180 0.32
P.S. 380 John Wayne Elementary School 8 No Public PK, K-5 390 0.32
P.S. 380 John Wayne Elementary School 8 No Public PK, K-5 390 0.32
P.S. 297 Abraham Stockton 7 No Public PK, K-5 212 0.33
P.S. 297 Abraham Stockton 7 No Public PK, K-5 212 0.33
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Is 318 Eugeno Maria De Hostos 6 No Public 6-8 1,069 0.08
All Sts. Elementary School NR No Private K-8 0 0.16
Bnos Yaakov Educational Center NR No Private 1-12 700 0.31
Bais Rochel School NR No Private 1-7 370 0.31
Bais Rochel School NR No Private PK, K-12 4,198 0.32
Bnos Yakov School For Girls NR No Private PK, K-12 848 0.32
Success Academy - Fort Greene 10 No Charter 5-8 180 0.32
Juan Morel Campos Secondary School 2 No Public 6-12 454 0.35
Beginning with Children Charter II 7 No Charter K-9 597 0.35
Success Academy Bed-Stuy 1 9 No Charter 5-9 482 0.38
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 373 Brooklyn Transition Center NR No Public 9-12 418 0.23
Bnos Yaakov Educational Center NR No Private 1-12 700 0.31
Bais Rochel School NR No Private PK, K-12 4,198 0.32
Bnos Yakov School For Girls NR No Private PK, K-12 848 0.32
Juan Morel Campos Secondary School 2 No Public 6-12 454 0.35
Talmud Torah Of Kasho NR No Private PK-11 366 0.36
P.S. 368 NR No Public PK, K-12 220 0.38
Bnei Shimon Yisroel of Sopron NR No Private K-12 0 0.42

Data provided by GreatSchools.org © 2026. All rights reserved.

Nearby ZIP codes for 388 Wallabout Street #1, Brooklyn, NY

10002, New York City, NY 10009, New York City, NY 10010, New York City, NY 11101, New York City, NY 11104, New York City, NY 11109, New York City, NY 11201, New York City, NY 11205, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11221, New York City, NY 11222, New York City, NY 11225, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY 11378, New York City, NY

Frequently asked questions

What is the year built for 388 Wallabout Street #1, Brooklyn, NY 11206?

The development at 388 Wallabout Street #1, Brooklyn, NY 11206 was built in 2012.

What is the total square footage of 388 Wallabout Street #1, Brooklyn, NY 11206?

388 Wallabout Street #1, Brooklyn, NY 11206 has a total of 2,844 square feet.

When was 388 Wallabout Street #1, Brooklyn, NY 11206 last sold and what was the sale price?

388 Wallabout Street #1, Brooklyn, NY 11206 was last sold on 12/08/2016 for $450,000.

What is the assessed value of 388 Wallabout Street #1, Brooklyn, NY 11206?

388 Wallabout Street #1, Brooklyn, NY 11206 is currently assessed at $110,955.

What are the property taxes for 388 Wallabout Street #1, Brooklyn, NY 11206?

The property taxes for 388 Wallabout Street #1, Brooklyn, NY 11206 total $8,021.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

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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.

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