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397 5th Avenue, Brooklyn, NY 11215 Property Information

397 5th Avenue, Brooklyn, NY 11215 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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397 5th Avenue, Brooklyn, NY 11215 1
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Address

Primary address 397 5th Avenue
Neighborhood Park Slope
Zip code 11215
Borough Brooklyn
Block & lot 00994-0003

Sales & Tax Overview for 397 5th Avenue, Brooklyn

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

Purchase date 12/01/2015
Purchase price $2,550,000
Tax class
Estimated property tax $7,749

Lot & Building Information for 397 5th Avenue, Brooklyn

Lot sqft 1,429
Lot dimensions 20.42 ft x 70 ft
Building class Primarily Four Family with One Store or Office (S4)
Building sqft 3,509
Building dimensions 20 ft x 69 ft
Buildings on lot 1
Stories 3
Year built 1899
Year last altered 2016
Construction type
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Zoning & Use for 397 5th Avenue, Brooklyn

Zoning
Residential units (DOF) 4
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 6
Closest police station 0.90 Miles
Closest fire station 0.13 Miles

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

Other Property Data for 397 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 397 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 397 5th Avenue, Brooklyn, NY 11215, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 397 5th Avenue, Brooklyn

How many sq. ft. does 397 5th Avenue, Brooklyn, NY 11215 have & what is the price per sq. ft?

This Primarily Four Family with One Store or Office (S4) located at 397 5th Avenue, Brooklyn, NY 11215 has a total of 3,509 square feet and a current price per square foot of $726.

What is the year built & the current market value of 397 5th Avenue, Brooklyn, NY 11215?

397 5th Avenue, Brooklyn, NY 11215 was built in 1899 and has a current tax assessor's market value of $867,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 397 5th Avenue, Brooklyn

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Property owner name for 397 5th Avenue, Brooklyn, NY 11215
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Building contacts for 397 5th Avenue, Brooklyn, NY 11215
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 397 5th Avenue, Brooklyn

Create a free account to view the complete sales history for 397 5th Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
12/01/2015 $2,550,000

Title Documents for 397 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
02/13/2026 - R UCC3 Termination
(2026012700122003)
01/27/2026 - D
02/13/2026 - R
Satisfaction of Mortgage
(2026012700122001)
01/26/2026 - D
02/13/2026 - R
Termination of Assign of L&R
(2026012700122002)
01/20/2026 - R Initial UCC1
(2026011600239001)
01/06/2026 - D
01/27/2026 - R
Satisfaction of Mortgage
(2026012700441002)
01/06/2026 - D
01/27/2026 - R
Satisfaction of Mortgage
(2026012700441001)
01/06/2026 - D
01/16/2026 - R
Assignment of Leases and Rents
(2026011600281001)
01/06/2026 - D
01/15/2026 - R
Mortgage
(2026011300904001)
12/12/2024 - D
12/24/2024 - R
Assignment, Mortgage
(2024121900137001)
12/05/2024 - R UCC3 Continuation
(2024120400241001)
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R: Recorded date
D: Document date

Property Taxes for 397 5th Avenue, Brooklyn

Access detailed property tax data for 397 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: $7,176
Estimated property tax: $7,749
Tax assessor's market value: $867,000
Assessed value: $390,150

Assessment History for 397 5th Avenue, Brooklyn

Here's the assessment & property tax history for 397 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 $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%

Permits for 397 5th Avenue, Brooklyn

The complete history of permits filed for 397 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
03/21/2026 Alteration
02/03/2026 Alteration
01/27/2021 Alteration
01/15/2021 Alteration
12/17/2020 Alteration
08/07/2020 Alteration
06/02/2020 Alteration type 2
10/27/2016 Alteration type 2
06/15/2016 Alteration type 2
03/30/2016 Alteration type 1
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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)

Transportation

Distance to Subway
Closest station 4th Ave & 9th St at NE Corner
Station lines F-G-R
Distance (miles) 0.187
View subway map
Bus Routes
Name 5 Av/7 St
Line B63
Distance (miles) 0.009

Neighbors for 397 5th Avenue, Brooklyn

Here are the neighbors for 397 5th Avenue, Brooklyn, NY 11215.

Address Square feet Purchase date Purchase price
291 7th St, Brooklyn 2,484 08/02/2021
391 5th Ave, Brooklyn 1,640 03/27/2014 $805,000
399 5th Ave, Brooklyn 3,100 08/23/2007
287 7th St, Brooklyn 2,484 08/16/1977
385 5th Ave, Brooklyn 1,944 06/25/2015
283 7th St, Brooklyn 2,484 04/23/2015
289 7th St, Brooklyn 2,484 01/14/2005
352 6th St, Brooklyn 1,854 01/21/2010 $1,100,000
279 7th St, Brooklyn 2,484 10/15/2019
393 5th Ave, Brooklyn 2,700 01/09/2025
277 7th St, Brooklyn 15,708 04/30/2021
395 5th Ave, Brooklyn 2,643 03/19/2014
354 6th St, Brooklyn 2,173 09/11/2003 $850,000
387 5th Ave, Brooklyn 1,391 04/16/1980
401 5th Ave, Brooklyn 4,960 06/01/2022 $3,345,000
389 5th Ave, Brooklyn 1,898 11/09/1967
356 6th St, Brooklyn 1,800 11/22/2024 $3,062,500
358 6th St, Brooklyn 1,800 12/18/1997
281 7th St, Brooklyn 2,484 10/29/1970
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