New York City  »  11215  »  7th Ave  »  388 7th Ave

388 7th Avenue, Brooklyn, NY 11215 - Property report

Also known as: 388 7th Ave

Property image for 388 7th Avenue, Brooklyn, NY 11215
static Mapbox map

Property type

Primarily Three Family with One Store or Office (S3)

Year built

1920

Lot sq. ft.

839

Sale price

$2,200,000

General information

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Address
Primary address
388 7th Avenue
ZIP code
11215
Neighborhood
Park Slope
Borough
Brooklyn
Block & lot
01024-0048

Owner

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Building
Property type
Primarily Three Family with One Store or Office (S3)
Building sq. ft.
3,124
Building dimensions
19 ft x 42 ft
Buildings on lot
1
Stories
4
Year built
1920
Building material
Sales
Sale date
10/12/2021
Sale price
$2,200,000
Tax
Tax year
2026-2027
Property tax
$9,861
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
19 ft x 44.17 ft
Lot sq. ft.
839

Area overview

Walk score
98 /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
1.03 Miles
Closest fire station
0.08 Miles

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

Ownership

Ownership information for 388 7th Avenue, 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 7th Avenue, Brooklyn, NY 11215

Sale date Sale price Buyer name Seller name
10/12/2021 $2,200,000 XXX XXX XXXXXXXX XXX XXXXX, XXXX XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/07/2022 - R Initial UCC1
(2022070100181007)		 XXX XXX XXXXXXXX XXX XXXXXXXX XXXXX XXXX
07/07/2022 - R UCC3 Termination
(2022070100181001)		 XXX XXX XXXXXXXX XXX XXXXXXXX XXXXX XXXX
07/07/2022 - R
06/21/2022 - D		 Assignment of Leases and Rents
(2022070100181006)		 XXX XXX XXXXXXXX XXX XXXXXXXX XXXXX XXXX
07/07/2022 - R
06/21/2022 - D		 Agreement
(2022070100181005)		 XXX XXX XXXXXXXX XXX XXXXXXXX XXXXX XXXX
07/07/2022 - R
06/21/2022 - D		 Mortgage
(2022070100181004)		 XXX XXX XXXXXXXX XXX XXXXXXXX XXXXX XXXX
07/07/2022 - R
06/21/2022 - D		 Assignment, Mortgage
(2022070100181003)		 XXXXXXXX XXXXX XXXX XXXXXXXX XXXXX XXXX
07/07/2022 - R
06/21/2022 - D		 Termination of Assign of L&R
(2022070100181002)		 XXXXXXXX XXXXX XXXX
10/25/2021 - R Initial UCC1
(2021101800232005)		 XXX XXX XXXXXXXX XXX XXXXXXXX XXXXX XXXX
10/25/2021 - R
10/12/2021 - D		 Assignment of Leases and Rents
(2021101800232004)		 XXX XXX XXXXXXXX XXX XXXXXXXX XXXXX XXXX
10/25/2021 - R
10/12/2021 - D		 Mortgage
(2021101800232003)		 XXX XXX XXXXXXXX XXX XXXXXXXX XXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 388 7th 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
$9,861
Municipal exemptions
Recent tax assessments
Market value
$2,218,000
Assessed value
$998,100

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 $1,892,000 $851,400 $76,671 12.439% $9,537 $9,537 +7.42%
2024/25 $2,306,000 $1,037,700 $71,026 12.5% $8,878 $8,878 +7.90%
2023/24 $2,141,000 $963,450 $65,818 12.502% $8,229 $8,229 +10.00%
2022/23 $1,784,000 $802,800 $60,983 12.267% $7,481 $7,481 +0.27%
2021/22 $1,427,000 $642,150 $60,983 12.235% $7,461 $7,461 +3.13%
2020/21 $1,543,000 $694,350 $58,978 12.267% $7,235 $7,235 +6.17%
2019/20 $1,559,000 $701,550 $54,635 12.473% $6,815 $6,815 +6.72%
2018/19 $1,790,000 $805,500 $50,629 12.612% $6,385 $6,385 +7.02%
2017/18 $1,535,000 $690,750 $46,910 12.719% $5,966 $5,966 -1.34%
2016/17 $1,296,000 $583,200 $46,910 12.892% $6,048 $6,048 +3.47%
Permits

Permit information for 388 7th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/13/2021 Alteration
12/13/2021 Alteration
12/07/2021 Alteration
11/10/2021 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
06/20/2023 Lblvio-low pressure boiler boiler required
03/28/2019 Landmk-landmark
01/01/2009 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
7th Ave & 9th St at SW Corner
Station lines
F
Distance (miles)
0.12
View subway map

Access the detailed traffic volume map for 388 7th 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 388 7th Avenue, Brooklyn, NY

389 12th St, Brooklyn 484 11th St, Brooklyn 480 11th St, Brooklyn 399 12th St, Brooklyn 393 12th St, Brooklyn 401 12th St, Brooklyn 393 A 12th St, Brooklyn 385 A 12th St, Brooklyn 386 7th Ave, Brooklyn 382 7th Ave, Brooklyn 374 7th Ave, Brooklyn 372 7th Ave, Brooklyn 476 11th St, Brooklyn 390 7th Ave, Brooklyn 370 7th Ave, Brooklyn 482 11th St, Brooklyn 387 12th St, Brooklyn 395 12th St, Brooklyn 391 12th St, Brooklyn 378 7th Ave, Brooklyn

Nearby ZIP codes for 388 7th Avenue, Brooklyn, NY

10004, New York City, NY 10005, New York City, NY 10038, New York City, NY 10271, New York City, NY 11201, New York City, NY 11204, New York City, NY 11205, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 388 7th Avenue, Brooklyn, NY 11215?

The development at 388 7th Avenue, Brooklyn, NY 11215 was built in 1920.

What is the market value of 388 7th Avenue, Brooklyn, NY 11215?

The current market value of 388 7th Avenue, Brooklyn, NY 11215 is $2,218,000.

What is the total square footage of 388 7th Avenue, Brooklyn, NY 11215?

388 7th Avenue, Brooklyn, NY 11215 has a total of 3,124 square feet.

What is the price per square foot for this property?

$704 per square foot is the price for 388 7th Avenue, Brooklyn, NY 11215.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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