Kings  »  11215  »  4th Ave  »  397 4th Ave

397 4th Avenue, Brooklyn, NY 11215 - Property report

Also known as: 397 4th Ave

Property image for 397 4th Avenue, Brooklyn, NY 11215
static Mapbox map

Property type

Five to Six Families (C2)

Year built

1931

Lot sq. ft.

2,102

Sale price

$1,100,000

General information

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Address
Primary address
397 4th Avenue
ZIP code
11215
Neighborhood
Park Slope
Borough
Brooklyn
Block & lot
00993-0004

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
4,455
Building dimensions
27 ft x 55 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Sales
Sale date
06/23/2021
Sale price
$1,100,000
Tax
Tax year
2026-2027
Property tax
$15,382
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
27 ft x 77.83 ft
Lot sq. ft.
2,102

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
88 /100.  Very Bikeable
School district
15
Community district
6
Closest police station
0.92 Miles
Closest fire station
0.00 Miles

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Ownership information for 397 4th Avenue, Brooklyn, NY

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

Sales history for 397 4th Avenue, Brooklyn, NY 11215

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/18/2022 - R Initial UCC1
(2022081000210006)
XXX XXXXXX XXX XXXXXXXXXX XXXX
08/18/2022 - R
07/08/2022 - D
Assignment of Leases and Rents
(2022081000210002)
XXX XXXXXX XXX XXXXXXXXXX XXXX
08/18/2022 - R
07/07/2022 - D
Termination of Assign of L&R
(2022081000210005)
XXX XXXXXX XXX XXXXX XX XXXXXXX XXX
08/18/2022 - R
07/07/2022 - D
Satisfaction of Mortgage
(2022081000210004)
XXX XXXXXX XXX XXXXX XX XXXX XXXXXXX XXX
08/18/2022 - R
07/07/2022 - D
Satisfaction of Mortgage
(2022081000210003)
XXX XXXXXX XXX XXXXX XX XXXX XXXXXXX XXX
07/27/2021 - R
06/23/2021 - D
Assignment of Leases and Rents
(2021070800580004)
XXX XXXXXX XXX XXXXX XX XXXX XXXXXXX XXX
07/27/2021 - R
06/23/2021 - D
Mortgage
(2021070800580002)
XXX XXXXXX XXX XXXXX XX XXXX XXXXXXX XXX
07/27/2021 - R
06/23/2021 - D
Deed
(2021070800580001)
XXXXXXXXX XXXXXXXX XXX XXXXXX XXX
07/27/2021 - R
06/16/2021 - D
Mortgage
(2021070800580003)
XXX XXXXXX XXX XXXXX XX XXXX XXXXXXX XXX
08/03/2007 - R
05/18/2007 - D
Deed
(2007072701312001)
XXXXXXX XXXXXXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 397 4th 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
$15,382
Municipal exemptions
Recent tax assessments
Market value
$2,150,000
Assessed value
$967,500

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 $1,792,000 $806,400 $114,511 12.439% $14,244 $14,244 -0.49%
2024/25 $1,493,600 $672,120 $114,511 12.5% $14,314 $14,314 +7.97%
2023/24 $1,867,000 $840,150 $106,042 12.502% $13,257 $13,257 +5.22%
2022/23 $2,107,000 $948,150 $102,714 12.267% $12,600 $12,600 +8.27%
2021/22 $1,989,000 $895,050 $95,122 12.235% $11,638 $11,638 +7.71%
2020/21 $2,171,000 $976,950 $88,085 12.267% $10,805 $10,805 -1.65%
2019/20 $1,882,800 $847,260 $88,085 12.473% $10,987 $10,987 +6.80%
2018/19 $1,569,000 $706,050 $81,571 12.612% $10,288 $10,288 +2.37%
2017/18 $1,350,000 $607,500 $79,011 12.719% $10,049 $10,049 +6.53%
2016/17 $1,230,000 $553,500 $73,171 12.892% $9,433 $9,433 +8.06%

Permit information for 397 4th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/09/2025 Alteration

*Most recent permit on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
12/31/2009 Lblvio-low pressure boiler

*Most recent DOB violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
5

Subway & traffic

Closest station
4th Ave & 9th St at NE Corner
Station lines
F-G-R
Distance (miles)
0.112

Access the detailed traffic volume map for 397 4th 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

Frequently asked questions

What is the year built for 397 4th Avenue, Brooklyn, NY 11215?

The development at 397 4th Avenue, Brooklyn, NY 11215 was built in 1931.

What is the total square footage of 397 4th Avenue, Brooklyn, NY 11215?

397 4th Avenue, Brooklyn, NY 11215 has a total of 4,455 square feet.

When was 397 4th Avenue, Brooklyn, NY 11215 last sold and what was the sale price?

397 4th Avenue, Brooklyn, NY 11215 was last sold on 06/23/2021 for $1,100,000.

What is the assessed value of 397 4th Avenue, Brooklyn, NY 11215?

397 4th Avenue, Brooklyn, NY 11215 is currently assessed at $967,500.

What are the property taxes for 397 4th Avenue, Brooklyn, NY 11215?

The property taxes for 397 4th Avenue, Brooklyn, NY 11215 total $15,381.

How many residential units does this building have?

This building has 6 residential unit(s).

Disclaimer

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