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397 5th Avenue, Brooklyn, NY 11215 - Property report

Also known as: 397 5th Ave

Property image for 397 5th Avenue, Brooklyn, NY 11215

Property type

Primarily Four Family with One Store or Office (S4)

Year built

1899

Lot sq. ft.

1,429

Sale price

$2,550,000

General information

Address

Primary address

397 5th Avenue

ZIP code

11215

Neighborhood

Park Slope

Borough

Brooklyn

Block & lot

00994-0003

Building

Property type

Primarily Four Family with One Store or Office (S4)

Building sq. ft.

3,509

Building dimensions

20 ft x 69 ft

Buildings on lot

Stories

Year built

1899

Last altered

2016

Building material

Sales

Sale date

12/01/2015

Sale price

$2,550,000

Tax

Tax year

2026-2027

Property tax

$7,750

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

20.42 ft x 70 ft

Lot sq. ft.

1,429

Area overview

Walk score

99 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

87 /100. Very Bikeable

School district

Community district

Closest police station

0.90 Miles

Closest fire station

0.13 Miles

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

Ownership

Ownership information for 397 5th Avenue, 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 397 5th Avenue, Brooklyn, NY 11215

Sale date	Sale price	Buyer name	Seller name
12/01/2015	$2,550,000	XXXXXXX XXX XXX	XXXX X XXXXXXX, XX XXXXXXX X XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
02/13/2026 - R	UCC3 Termination (2026012700122003)	XXXXXXX XXX XXX	XXXXXXXX XXXX
02/13/2026 - R 01/27/2026 - D	Satisfaction of Mortgage (2026012700122001)	XXXXXXX XXX XXX	XXXXXXXX XXXX
02/13/2026 - R 01/26/2026 - D	Termination of Assign of L&R (2026012700122002)	XXXXXXXX XXXX	XXXXXXX XXX XXX
01/20/2026 - R	Initial UCC1 (2026011600239001)	XXXXXXX XXX XXX	XXX XXXXX XXX XXXXXXX XXX
01/27/2026 - R 01/06/2026 - D	Satisfaction of Mortgage (2026012700441002)	XXXXXXX XXX XXX	XXXXXXXX XXXXXXX XX XXX
01/27/2026 - R 01/06/2026 - D	Satisfaction of Mortgage (2026012700441001)	XXXXXXX XXX XXX	XXXXXXXX XXXXXXX XX XXX
01/16/2026 - R 01/06/2026 - D	Assignment of Leases and Rents (2026011600281001)	XXXXXXX XXX XXX	XXX XXXXXX XXXXXX XXXXXXX XXX
01/15/2026 - R 01/06/2026 - D	Mortgage (2026011300904001)	XXXXXXX XXX XXX	XXX XXXXX XXX XXXXXXX XXX
12/24/2024 - R 12/12/2024 - D	Assignment, Mortgage (2024121900137001)	XXXXXX XXXXXXXXXX XXXXXXXXX XX XXXX XXX XXXXX	XXXXXXXX XXXXXXX XX XXX
12/05/2024 - R	UCC3 Continuation (2024120400241001)	XXXXXXX XXX XXX	XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 397 5th 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

$7,750

Municipal exemptions

Recent tax assessments

Market value

$1,040,000

Assessed value

$468,000

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	$867,000	$390,150	$57,686	12.439%	$7,176	$7,176	-0.49%
2024/25	$813,600	$366,120	$57,686	12.5%	$7,211	$7,211	+3.18%
2023/24	$678,000	$305,100	$55,899	12.502%	$6,988	$6,988	+10.07%
2022/23	$666,000	$299,700	$51,758	12.267%	$6,349	$6,349	+8.27%
2021/22	$626,000	$281,700	$47,924	12.235%	$5,864	$5,864	+7.73%
2020/21	$742,000	$333,900	$44,374	12.267%	$5,443	$5,443	-14.21%
2019/20	$1,507,000	$90,420	$29,976	21.167%	$6,345	$6,345	+7.16%
2018/19	$1,398,000	$83,880	$28,305	20.919%	$5,921	$5,921	+8.70%
2017/18	$1,304,000	$78,240	$26,722	20.385%	$5,447	$5,447	+8.00%
2016/17	$1,087,000	$65,220	$25,230	19.991%	$5,044	$5,044	+2.23%

Permits

Permit information for 397 5th Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
03/21/2026	Alteration
02/03/2026	Alteration
01/27/2021	Alteration
01/15/2021	Alteration
12/17/2020	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
	09/06/2017	Aeuhaz1-fail to certify class 1
	09/06/2017	Aeuhaz1-fail to certify class 1
	02/24/2017	Lblvio-low pressure boiler

*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

4th Ave & 9th St at NE Corner

Station lines

F-G-R

Distance (miles)

0.187

View subway map

Access the detailed traffic volume map for 397 5th 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 397 5th Avenue, Brooklyn, NY

291 7th St, Brooklyn 391 5th Ave, Brooklyn 399 5th Ave, Brooklyn 287 7th St, Brooklyn 385 5th Ave, Brooklyn 283 7th St, Brooklyn 289 7th St, Brooklyn 352 6th St, Brooklyn 279 7th St, Brooklyn 393 5th Ave, Brooklyn 277 7th St, Brooklyn 395 5th Ave, Brooklyn 354 6th St, Brooklyn 387 5th Ave, Brooklyn 401 5th Ave, Brooklyn 389 5th Ave, Brooklyn 356 6th St, Brooklyn 358 6th St, Brooklyn 281 7th St, Brooklyn

Frequently asked questions

What is the year built for 397 5th Avenue, Brooklyn, NY 11215?

The development at 397 5th Avenue, Brooklyn, NY 11215 was built in 1899.

What is the market value of 397 5th Avenue, Brooklyn, NY 11215?

The current market value of 397 5th Avenue, Brooklyn, NY 11215 is $1,040,000.

What is the total square footage of 397 5th Avenue, Brooklyn, NY 11215?

397 5th Avenue, Brooklyn, NY 11215 has a total of 3,509 square feet.

What is the price per square foot for this property?

$726 per square foot is the price for 397 5th Avenue, Brooklyn, NY 11215.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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.