Kings  »  11221  »  Greene Ave  »  1038 Greene Ave

1038 Greene Avenue, Brooklyn, NY 11221 - Property report

Also known as: 1038 Greene Ave

Property image for 1038 Greene Avenue, Brooklyn, NY 11221
static Mapbox map

Property type

Elevator Apartment - Fireproof without Stores (D3)

Year built

2016

Lot sq. ft.

8,000

Sale price

$10,650,000 - M

General information

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Address
Primary address
1038 Greene Avenue
ZIP code
11221
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01623-0025

Owner

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Building
Property type
Elevator Apartment - Fireproof without Stores (D3)
Building sq. ft.
30,125
Building dimensions
64 ft x 45 ft
Buildings on lot
1
Stories
7
Year built
2016
Building material
Sales
Sale date
08/14/2014
Sale price
$10,650,000 - M
Tax
Tax year
2026-2027
Property tax
$25,077
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
39
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
80 ft x 100 ft
Lot sq. ft.
8,000

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
94 /100.  Rider's Paradise
Bike score
71 /100.  Very Bikeable
School district
16
Community district
3
Closest police station
0.10 Miles
Closest fire station
0.48 Miles

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Ownership information for 1038 Greene Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 1038 Greene Avenue, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
08/14/2014 $10,650,000 XXXXXX XXXXXXXX XXX XXX XXXXX XXXXXXXXXX XXXXXXXXXXX XXX XXX XXXXX XXXX. XXXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/10/2022 - R UCC3 Termination
(2022013100403005)
XXXXXX XXXXXXXXXXX XXX XXXXXX XXXX
02/10/2022 - R Initial UCC1
(2022013100403004)
XXXXXX XXXXXXXXXXX XXX XXXXXX XXXX
02/10/2022 - R
01/27/2022 - D
Termination of Assign of L&R
(2022013100403006)
XXXXXX XXXX XXXXXX XXXXXXXXXXX XXX
02/10/2022 - R
01/27/2022 - D
Assignment of Leases and Rents
(2022013100403003)
XXXXXX XXXXXXXXXXX XXX XXXXXX XXXX
02/10/2022 - R
01/27/2022 - D
Agreement
(2022013100403002)
XXXXXX XXXXXXXXXXX XXX XXXXXX XXXX
02/10/2022 - R
01/27/2022 - D
Mortgage
(2022013100403001)
XXXXXX XXXXXXXXXXX XXX XXXXXX XXXX
11/28/2017 - R UCC3 Amendment
(2017112700914001)
XXXXX XXXXXXXXXXX XXX XXXXXX XXXX
04/11/2017 - R Initial UCC1
(2017040500171006)
XXXXXX XXXXXXXXXXX XXX XXXXXX XXXX
04/11/2017 - R
03/30/2017 - D
Assignment of Leases and Rents
(2017040500171005)
XXXXXX XXXXXXXXXXX XXX XXXXXX XXXX
04/11/2017 - R
03/30/2017 - D
Agreement
(2017040500171004)
XXXXXX XXXXXXXXXXX XXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1038 Greene 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
$25,077
Municipal exemptions
Recent tax assessments
Market value
$6,699,000
Assessed value
$3,014,550

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 $6,186,000 $2,783,700 $201,599 12.439% $307,361 $25,077 -0.49%
2024/25 $5,188,000 $2,334,600 $201,599 12.5% $290,644 $25,200 -0.02%
2023/24 $5,887,000 $2,649,150 $201,599 12.502% $280,822 $25,204 +1.92%
2022/23 $5,499,000 $2,474,550 $201,599 12.267% $251,410 $24,730 +0.26%
2021/22 $4,695,000 $2,112,750 $201,599 12.235% $227,568 $24,666 -0.26%
2020/21 $4,566,000 $2,054,700 $201,599 12.267% $209,996 $24,730 -1.65%
2019/20 $4,311,000 $1,939,950 $201,599 12.473% $196,498 $25,145 -1.10%
2018/19 $3,701,000 $1,665,450 $201,599 12.612% $184,368 $25,426 -0.84%
2017/18 $3,393,425 $1,527,041 $201,599 12.719% $178,473 $25,641 +296.23%
2016/17 $136,000 $61,200 $61,200 10.574% $6,471 $6,471 -72.54%

Permit information for 1038 Greene Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/16/2016 Alteration type 3
05/16/2016 Alteration type 3
03/21/2016 New building
03/21/2016 New building
01/11/2016 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
09/28/2021 E-elevator
08/24/2020 E-elevator elevatorrequired
08/13/2019 E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

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
Patchen Ave & Broadway at SW Corner
Station lines
J
Distance (miles)
0.161

Access the detailed traffic volume map for 1038 Greene Avenue, Brooklyn, NY 11221 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 1038 Greene Avenue, Brooklyn, NY 11221?

The development at 1038 Greene Avenue, Brooklyn, NY 11221 was built in 2016.

What is the total square footage of 1038 Greene Avenue, Brooklyn, NY 11221?

1038 Greene Avenue, Brooklyn, NY 11221 has a total of 30,125 square feet.

When was 1038 Greene Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

1038 Greene Avenue, Brooklyn, NY 11221 was last sold on 08/14/2014 for $10,650,000 - M.

What is the assessed value of 1038 Greene Avenue, Brooklyn, NY 11221?

1038 Greene Avenue, Brooklyn, NY 11221 is currently assessed at $3,014,550.

What are the property taxes for 1038 Greene Avenue, Brooklyn, NY 11221?

The property taxes for 1038 Greene Avenue, Brooklyn, NY 11221 total $25,076.

How many residential units does this building have?

This building has 39 residential unit(s).

Disclaimer

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