Kings  »  11215  »  Prospect Ave  »  387 Prospect Ave

387 Prospect Avenue, Brooklyn, NY 11215 - Property report

Also known as: 387 Prospect Ave

Property image for 387 Prospect Avenue, Brooklyn, NY 11215
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Property type

Five to Six Families (C2)

Year built

1920

Lot sq. ft.

2,500

Sale price

$1,090,000

General information

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Address
Primary address
387 Prospect Avenue
ZIP code
11215
Neighborhood
Park Slope
Borough
Brooklyn
Block & lot
01112-0088

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
3,750
Building dimensions
25 ft x 50 ft
Buildings on lot
1
Stories
3
Year built
1920
Last altered
1948
Building material
Sales
Sale date
10/28/2004
Sale price
$1,090,000 - M
Tax
Tax year
2026-2027
Property tax
$13,191
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
6
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 100 ft
Lot sq. ft.
2,500

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
15
Community district
7
Closest police station
0.83 Miles
Closest fire station
0.29 Miles

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

Ownership

Ownership information for 387 Prospect 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 387 Prospect Avenue, Brooklyn, NY 11215

Sale date Sale price Buyer name Seller name
10/28/2004 $1,090,000 XXX-XXX XXXXXXXX XXXXXX XXX XXX XXXXXXXX XXXXXX XXXXXXXXXX XXX XXX XXX XXXXXXXX XXXXXX XXXXXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/03/2024 - R UCC3 Termination
(2024120300251001)		 XXXXXX XXXXXXXX XXXXXX XXX XXXXXX XXXXXXXX XXXX
12/04/2024 - R
11/26/2024 - D		 Agreement
(2024120300271004)		 XXXXXXXX XXXXX XXXX X X XXXXXX XXXXXXXX XXXXXX XXX
12/04/2024 - R
11/26/2024 - D		 Mortgage
(2024120300271003)		 XXXXXX XXXXXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
12/04/2024 - R
11/07/2024 - D		 Assignment, Mortgage
(2024120300271002)		 XXXXXX XXXXXXXX XXXX XXXXXXXX XXXXX XXXX X X
12/04/2024 - R
11/07/2024 - D		 Termination of Assign of L&R
(2024120300271001)		 XXXXXX XXXXXXXX XXXX XXXXXX XXXXXXXX XXXXXX XXX
06/06/2019 - R UCC3 Continuation
(2019060301209001)		 XXXXXX XXXXXXXX XXXXXX XXX XXXXXX XXXXXXXX XXXX
10/31/2014 - R Initial UCC1
(2014102900824001)		 XXXXXX XXXXXXXX XXXXXX XXX XXXXXX XXXXXXXX XXXX
11/13/2014 - R
10/28/2014 - D		 Assignment of Leases and Rents
(2014102900467007)		 XXXXXX XXXXXXXX XXXXXX XXX XXXXXX XXXXXXXX XXXX
11/13/2014 - R
10/28/2014 - D		 Agreement
(2014102900467006)		 XXXXXX XXXXXXXX XXXX XXXXXX XXXXXXXX XXXXXX XXX
11/13/2014 - R
10/28/2014 - D		 Mortgage
(2014102900467005)		 XXXXXX XXXXXXXX XXXXXX XXX XXXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 387 Prospect 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
$13,191
Municipal exemptions
Recent tax assessments
Market value
$1,837,000
Assessed value
$826,650

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 $1,531,000 $688,950 $106,042 12.439% $13,191 $13,191 +2.74%
2024/25 $1,275,600 $574,020 $102,714 12.5% $12,839 $12,839 +7.96%
2023/24 $1,063,000 $478,350 $95,122 12.502% $11,892 $11,892 +10.05%
2022/23 $1,182,000 $531,900 $88,095 12.267% $10,807 $10,807 +8.28%
2021/22 $1,390,000 $625,500 $81,571 12.235% $9,980 $9,980 -0.26%
2020/21 $1,504,000 $676,800 $81,571 12.267% $10,006 $10,006 +1.53%
2019/20 $1,436,000 $646,200 $79,011 12.473% $9,855 $9,855 +6.79%
2018/19 $1,320,000 $594,000 $73,171 12.612% $9,228 $9,228 +7.07%
2017/18 $1,136,000 $511,200 $67,765 12.719% $8,619 $8,619 +6.55%
2016/17 $1,035,000 $465,750 $62,747 12.892% $8,089 $8,089 +0.07%
Permits

Permit information for 387 Prospect Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/29/2016 Alteration type 2
05/23/2016 Alteration type 2
03/28/1991 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
05/15/2014 Lblvio-low pressure boiler
01/19/2007 Ll6291-local law 62/91 - boilers
01/31/2005 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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Prospect Park West & 14th St at SW Corner
Station lines
F
Distance (miles)
0.284
View subway map

Access the detailed traffic volume map for 387 Prospect 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 387 Prospect Avenue, Brooklyn, NY

399 Prospect Ave, Brooklyn 1645 8th Ave, Brooklyn 381 Prospect Ave, Brooklyn 395 Prospect Ave, Brooklyn 1651 8th Ave, Brooklyn 1649 8th Ave, Brooklyn 1643 8th Ave, Brooklyn 397 A Prospect Ave, Brooklyn 383 Prospect Ave, Brooklyn 389 Prospect Ave, Brooklyn 401 A Prospect Ave, Brooklyn 391 Prospect Ave, Brooklyn 393 Prospect Ave, Brooklyn 385 Prospect Ave, Brooklyn 1630 8th Ave, Brooklyn 1657 8th Ave, Brooklyn 397 Prospect Ave, Brooklyn 399 A Prospect Ave, Brooklyn 401 Prospect Ave, Brooklyn 1647 8th Ave, Brooklyn

Nearby ZIP codes for 387 Prospect 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 387 Prospect Avenue, Brooklyn, NY 11215?

The development at 387 Prospect Avenue, Brooklyn, NY 11215 was built in 1920.

What is the total square footage of 387 Prospect Avenue, Brooklyn, NY 11215?

387 Prospect Avenue, Brooklyn, NY 11215 has a total of 3,750 square feet.

When was 387 Prospect Avenue, Brooklyn, NY 11215 last sold and what was the sale price?

387 Prospect Avenue, Brooklyn, NY 11215 was last sold on 10/28/2004 for $1,090,000.

What is the assessed value of 387 Prospect Avenue, Brooklyn, NY 11215?

387 Prospect Avenue, Brooklyn, NY 11215 is currently assessed at $826,650.

What are the property taxes for 387 Prospect Avenue, Brooklyn, NY 11215?

The property taxes for 387 Prospect Avenue, Brooklyn, NY 11215 total $13,190.

How many residential units does this building have?

This building has 6 residential unit(s).

Disclaimer

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