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388 5th Avenue, Brooklyn, NY 11215 Property Information

388 5th Avenue, Brooklyn, NY 11215 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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388 5th Avenue, Brooklyn, NY 11215 1
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Address

Primary address 388 5th Avenue
Neighborhood Park Slope
Zip code 11215
Borough Brooklyn
Block & lot 00993-0035

Sales & Tax Overview for 388 5th Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $8,629

Lot & Building Information for 388 5th Avenue, Brooklyn

Lot sqft 2,037
Lot dimensions 22 ft x 80 ft
Building class Primarily Five to Six Family with One Store or Office (S5)
Building sqft 5,258
Building dimensions 22 ft x 40 ft
Buildings on lot 1
Stories 5
Year built 1931
Year last altered 2024
Construction type
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Zoning & Use for 388 5th Avenue, Brooklyn

Zoning
Residential units (DOF) 6
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 6
Closest police station 0.88 Miles
Closest fire station 0.10 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 388 5th Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 388 5th Avenue, Brooklyn, NY 11215, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 388 5th Avenue, Brooklyn, NY 11215, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 388 5th Avenue, Brooklyn

How many square feet does 388 5th Avenue, Brooklyn, NY 11215 have?

This Primarily Five to Six Family with One Store or Office (S5) located at 388 5th Avenue, Brooklyn, NY 11215 has a total of 5,258 square feet.

What is the year built & the current market value of 388 5th Avenue, Brooklyn, NY 11215?

388 5th Avenue, Brooklyn, NY 11215 was built in 1931 and has a current tax assessor's market value of $285,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 388 5th Avenue, Brooklyn

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Property owner name for 388 5th Avenue, Brooklyn, NY 11215
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Building contacts for 388 5th Avenue, Brooklyn, NY 11215
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 388 5th Avenue, Brooklyn

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No recorded sales for this property.

Title Documents for 388 5th Avenue, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
06/05/2014 - D
07/03/2014 - R
Satisfaction of Mortgage
(2014061602338001)
08/22/2001 - R Satisfaction of Mortgage
(3230007785323)
02/23/2000 - R Mortgage
(3740007093574)
11/30/1999 - D
02/23/2000 - R
Deed
(3580007095558)
07/19/1989 - R Deed
(3560001469656)
05/28/1986 - R Mortgage
(3780001170278)
04/30/1986 - D
05/28/1986 - R
Deed
(3770001170277)
11/03/1980 - D
11/19/1985 - R
Deed
(3490001126249)
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R: Recorded date
D: Document date

Property Taxes for 388 5th Avenue, Brooklyn

Access detailed property tax data for 388 5th Avenue, Brooklyn, NY 11215. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $7,991
Estimated property tax: $8,629
Tax assessor's market value: $285,000
Assessed value: $128,250

Assessment History for 388 5th Avenue, Brooklyn

Here's the assessment & property tax history for 388 5th Avenue, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $285,000 $128,250 $64,239 12.439% $7,991 $7,991 +9.94%
2024/25 $2,967,000 $178,020 $36,187 20.085% $7,268 $7,268 +3.06%
2023/24 $2,853,000 $171,180 $35,112 20.085% $7,052 $7,052 -0.89%
2022/23 $2,240,000 $134,400 $35,035 20.309% $7,115 $7,115 +5.19%
2021/22 $2,084,000 $125,040 $33,881 19.963% $6,764 $6,764 +0.55%

Permits for 388 5th Avenue, Brooklyn

The complete history of permits filed for 388 5th Avenue, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
04/23/2026 Alteration
03/24/2026 Alteration
09/16/2025 Alteration CO
03/17/2025 Alteration CO
12/18/2024 Alteration
12/10/2024 Alteration
10/17/2024 Alteration
01/30/2023 Alteration
11/10/2022 Alteration
05/24/2022 Alteration
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 5 (See more on map)

Transportation

Distance to Subway
Closest station 4th Ave & 9th St at NE Corner
Station lines F-G-R
Distance (miles) 0.179
View subway map
Bus Routes
Name 5 Av/7 St
Line B63
Distance (miles) 0.027

Neighbors for 388 5th Avenue, Brooklyn

Here are the neighbors for 388 5th Avenue, Brooklyn, NY 11215.

Address Square feet Purchase date Purchase price
392 5th Ave, Brooklyn 2,640 01/31/2024 $2,675,000
306 6th St, Brooklyn 2,637 11/25/1992
321 7th St, Brooklyn 2,346 02/13/2017 $2,525,000
312 6th St, Brooklyn 2,400 07/12/1974
323 7th St, Brooklyn 2,346 01/12/2010
400 5th Ave, Brooklyn 4,000 09/30/2022 $2,775,000
322 6th St, Brooklyn 17,800 11/22/1988
314 6th St, Brooklyn 3,200 04/28/1997
310 6th St, Brooklyn 3,200 06/17/2019 $2,674,181
396 5th Ave, Brooklyn 4,400 02/27/2006 $1,500,000
398 5th Ave, Brooklyn 4,000 03/31/2006 $1,780,000
319 7th St, Brooklyn 2,346 08/15/2019 $2,960,000
318 6th St, Brooklyn 15,000 08/31/2006 $2,650,000
390 5th Ave, Brooklyn 5,979 07/30/2024
402 5th Ave, Brooklyn 7,543 03/25/2019
386 5th Ave, Brooklyn 2,070 09/30/2003 $1,500,000
308 6th St, Brooklyn 3,200 07/26/1994
394 5th Ave, Brooklyn 2,640 02/15/2008
316 6th St, Brooklyn 5,720 04/21/2020
304 6th St, Brooklyn 2,637 05/23/1996
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