New York City » 11215 » 7th Ave » 389 7th Ave

389 7th Avenue, Brooklyn, NY 11215 - Property report

Also known as: 407 12th St

Property image for 389 7th Avenue, Brooklyn, NY 11215

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1920

Lot sq. ft.

1,488

Sale price

$2,000,000

General information

Address

Primary address

389 7th Avenue

Alternate address(es)

407 12th St

ZIP code

11215

Neighborhood

Park Slope

Borough

Brooklyn

Block & lot

01096-0001

Building

Property type

Primarily Two Family with One Store or Office (S2)

Building sq. ft.

4,200

Building dimensions

21.25 ft x 50 ft

Buildings on lot

Stories

Year built

1920

Building material

Sales

Sale date

05/07/2014

Sale price

$2,000,000

Tax

Tax year

2026-2027

Property tax

$9,982

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

21.25 ft x 70 ft

Lot sq. ft.

1,488

Area overview

Walk score

98 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

88 /100. Very Bikeable

School district

Community district

Closest police station

1.04 Miles

Closest fire station

0.05 Miles

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

Ownership

Ownership information for 389 7th 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 389 7th Avenue, Brooklyn, NY 11215

Sale date	Sale price	Buyer name	Seller name
05/07/2014	$2,000,000	XXXXXXXX XXX	XXXXXX XX XXXXXX XXXXXXXXXXX XXX XXXXXXX XXXXXXXXXXX, XXXXXXXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/08/2025 - R	UCC3 Termination (2025110300649004)	XXXXXXXX XXX	XXX XXX XXXX XXX
12/04/2025 - R	Initial UCC1 (2025120400207001)	XXXXXXXX XXX	XXXXXX XXXXX XXXX
12/08/2025 - R 10/10/2025 - D	Assignment of Leases and Rents (2025110300649007)	XXXXXXXX XXX	XXXXXX XXXXX XXXX
12/08/2025 - R 10/10/2025 - D	Agreement (2025110300649006)	XXXXXXXX XXX	XXXXXX XXXXX XXXX
12/08/2025 - R 10/10/2025 - D	Mortgage (2025110300649005)	XXXXXXXX XXX	XXXXXX XXXXX XXXX
12/08/2025 - R 10/03/2025 - D	Termination of Assign of L&R (2025110300649003)	XXX XXX XXXX XXX	XXXXXXXX XXX
12/08/2025 - R 10/03/2025 - D	Termination of Assign of L&R (2025110300649002)	XXX XXX XXXX XXX	XXXXXXXX XXX
12/08/2025 - R 09/22/2025 - D	Assignment, Mortgage (2025110300649001)	XXX XXX XXXX XXX	XXXXXX XXXXX XXXX
03/14/2024 - R	UCC3 Amendment (2024031300881001)	XXXXXXXX XXX	XXX XXX XXXX XXX
12/14/2020 - R 12/10/2020 - D	Landmark Designation (2020121000961001)	XXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 389 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

$9,982

Municipal exemptions

Recent tax assessments

Market value

$5,337,000

Assessed value

$320,220

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	$5,493,000	$329,580	$50,305	19.843%	$9,982	$9,982	-0.35%
2024/25	$4,873,000	$292,380	$49,872	20.085%	$10,017	$10,017	+5.93%
2023/24	$4,307,000	$258,420	$47,081	20.085%	$9,456	$9,456	+4.80%
2022/23	$3,381,000	$202,860	$44,429	20.309%	$9,023	$9,023	+7.82%
2021/22	$3,111,000	$186,660	$41,921	19.963%	$8,369	$8,369	-5.14%
2020/21	$2,305,000	$138,300	$41,921	21.045%	$8,822	$8,822	+0.29%
2019/20	$2,004,000	$120,240	$41,560	21.167%	$8,797	$8,797	+7.18%
2018/19	$1,670,000	$100,200	$39,234	20.919%	$8,207	$8,207	+8.75%
2017/18	$1,558,000	$93,480	$37,024	20.385%	$7,547	$7,547	+8.07%
2016/17	$1,298,000	$77,880	$34,934	19.991%	$6,984	$6,984	+2.23%

Permits

Permit information for 389 7th Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
07/05/2018	Alteration type 2
04/16/2018	Alteration
04/13/2018	Alteration
04/11/2018	Alteration
02/14/2018	Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations 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

7th Ave & 9th St at SE Corner

Station lines

Distance (miles)

0.125

View subway map

Access the detailed traffic volume map for 389 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

Frequently asked questions

What is the year built for 389 7th Avenue, Brooklyn, NY 11215?

The development at 389 7th Avenue, Brooklyn, NY 11215 was built in 1920.

What is the market value of 389 7th Avenue, Brooklyn, NY 11215?

The current market value of 389 7th Avenue, Brooklyn, NY 11215 is $5,337,000.

What is the total square footage of 389 7th Avenue, Brooklyn, NY 11215?

389 7th Avenue, Brooklyn, NY 11215 has a total of 4,200 square feet.

What is the price per square foot for this property?

$476 per square foot is the price for 389 7th 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.