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988 Atlantic Avenue, Brooklyn, NY 11238 Property Information

988 Atlantic Avenue, Brooklyn, NY 11238 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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988 Atlantic Avenue, Brooklyn, NY 11238 1
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Address

Primary address 988 Atlantic Avenue
Neighborhood Prospect Heights
Zip code 11238
Borough Brooklyn
Block & lot 01125-0005

Sales & Tax Overview for 988 Atlantic Avenue, Brooklyn

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

Tax class
Estimated property tax $25,628

Lot & Building Information for 988 Atlantic Avenue, Brooklyn

Lot sqft 1,600
Lot dimensions 20 ft x 80 ft
Building class Predominant Retail with Other Uses (K4) i
Building sqft 4,000
Building dimensions 20 ft x 80 ft
Buildings on lot 1
Stories 3
Year built 1930
Year last altered 2003
Construction type
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Zoning & Use for 988 Atlantic Avenue, Brooklyn

Zoning
Residential units (DOF) 2
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 17
Community district 8
Closest police station 0.66 Miles
Closest fire station 0.43 Miles

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

Other Property Data for 988 Atlantic 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 988 Atlantic Avenue, Brooklyn, NY 11238, 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 988 Atlantic Avenue, Brooklyn, NY 11238, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 988 Atlantic Avenue, Brooklyn

How many square feet does 988 Atlantic Avenue, Brooklyn, NY 11238 have?

This Predominant Retail with Other Uses (K4) located at 988 Atlantic Avenue, Brooklyn, NY 11238 has a total of 4,000 square feet.

What is the year built & the current market value of 988 Atlantic Avenue, Brooklyn, NY 11238?

988 Atlantic Avenue, Brooklyn, NY 11238 was built in 1930 and has a current tax assessor's market value of $510,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 988 Atlantic Avenue, Brooklyn

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Property owner name for 988 Atlantic Avenue, Brooklyn, NY 11238
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Building contacts for 988 Atlantic Avenue, Brooklyn, NY 11238
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 988 Atlantic Avenue, Brooklyn

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No recorded sales for this property.

Title Documents for 988 Atlantic 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
02/22/2023 - R UCC3 Continuation
(2023022200269001)
07/23/2018 - D
07/26/2018 - R
Satisfaction of Mortgage
(2018072400577001)
07/16/2018 - R Initial UCC1
(2018071200343003)
07/10/2018 - D
07/16/2018 - R
Assignment of Leases and Rents
(2018071200343002)
07/10/2018 - D
07/16/2018 - R
Mortgage
(2018071200343001)
04/29/2016 - D
05/10/2016 - R
Assignment, Mortgage
(2016050601039001)
09/04/2014 - R UCC3 Termination
(2014082201009007)
08/18/2014 - D
09/04/2014 - R
Termination of Assign of L&R
(2014082201009004)
08/18/2014 - D
09/04/2014 - R
Satisfaction of Mortgage
(2014082201009001)
07/31/2014 - D
08/08/2014 - R
Mortgage
(2014080100734002)
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R: Recorded date
D: Document date

Property Taxes for 988 Atlantic Avenue, Brooklyn

Access detailed property tax data for 988 Atlantic Avenue, Brooklyn, NY 11238. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $24,896
Estimated property tax: $25,628
Tax assessor's market value: $510,000
Assessed value: $229,500

Assessment History for 988 Atlantic Avenue, Brooklyn

Here's the assessment & property tax history for 988 Atlantic 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 $510,000 $229,500 $229,500 10.848% $24,896 $24,896 -4.27%
2024/25 $537,000 $241,650 $241,650 10.762% $26,006 $26,006 -0.46%
2023/24 $586,000 $263,700 $246,663 10.592% $26,127 $26,127 +1.92%
2022/23 $560,000 $252,000 $240,799 10.646% $25,635 $25,635 +17.97%
2021/22 $449,000 $202,050 $202,050 10.755% $21,730 $21,730 -9.91%

Permits for 988 Atlantic Avenue, Brooklyn

The complete history of permits filed for 988 Atlantic 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
06/04/2019 Alteration type 2
08/20/2002 Alteration type 1
05/30/2001 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 Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% 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 Washington Ave & Fulton Ave at SE Corner
Station lines C
Distance (miles) 0.256
View subway map
Bus Routes
Name Dean St/Grand Av
Line B65
Distance (miles) 0.096

Neighbors for 988 Atlantic Avenue, Brooklyn

Here are the neighbors for 988 Atlantic Avenue, Brooklyn, NY 11238.

Address Square feet Purchase date Purchase price
990 Atlantic Ave, Brooklyn 4,000 07/31/2014
1050 Atlantic Ave, Brooklyn 50,550 04/16/2014 $20,000,000
986 Atlantic Ave, Brooklyn 3,216 04/26/2006 $700,000
1008 Atlantic Ave, Brooklyn 3,262 08/22/1979
921 Pacific St, Brooklyn 10/24/2008
941 Pacific St, Brooklyn 1,890 09/22/2016
943 Pacific St, Brooklyn 1,890 10/27/2025
1026 Atlantic Ave, Brooklyn 20,000 10/15/1996
933 Pacific St, Brooklyn 2,238 08/06/2015
939 Pacific St, Brooklyn 1,890 10/21/2024 $1,500,000
945 Pacific St, Brooklyn 1,890 03/11/2019
994 Atlantic Ave, Brooklyn 3,176 06/14/2024 $1,081,763
996 Atlantic Ave, Brooklyn 4,000 06/13/2022 $1,975,000
998 Atlantic Ave, Brooklyn 12,500 01/21/2015 $5,100,000
923 Pacific St, Brooklyn 2,500 12/19/1974
1034 Atlantic Ave, Brooklyn 206,692 12/22/2023
931 Pacific St, Brooklyn 5,940 08/04/2008
992 Atlantic Ave, Brooklyn 2,600 06/14/2024 $1,081,763
503 Grand Ave, Brooklyn 07/31/2014
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