New York City  »  11205  »  Bedford Ave  »  1038 Bedford Ave

1038 Bedford Avenue, Brooklyn, NY 11205 Property Information

1038 Bedford Avenue, Brooklyn, NY 11205 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1038 Bedford Avenue, Brooklyn, NY 11205 1
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Address

Primary address 1038 Bedford Avenue
Secondary address 485 Lafayette Ave
Neighborhood Bedford-Stuyvesant
Zip code 11205
Borough Brooklyn
Block & lot 01942-0046

Sales & Tax Overview for 1038 Bedford Avenue, Brooklyn

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

Purchase date 10/09/2024
Purchase price $3,150,000
Tax class
Estimated property tax $19,278

Lot & Building Information for 1038 Bedford Avenue, Brooklyn

Lot sqft 1,600
Lot dimensions 20 ft x 80 ft
Building class Primarily Four Family with One Store or Office (S4)
Building sqft 5,400
Building dimensions 20 ft x 45 ft
Buildings on lot 1
Stories 4
Year built 1960
Construction type
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Zoning & Use for 1038 Bedford Avenue, Brooklyn

Zoning
Residential units (DOF) 4
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 13
Community district 3
Closest police station 0.25 Miles
Closest fire station 0.36 Miles

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

Other Property Data for 1038 Bedford 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 1038 Bedford Avenue, Brooklyn, NY 11205, 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 1038 Bedford Avenue, Brooklyn, NY 11205, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 485 Lafayette Ave, Brooklyn, NY 11205

About 1038 Bedford Avenue, Brooklyn

How many sq. ft. does 1038 Bedford Avenue, Brooklyn, NY 11205 have & what is the price per sq. ft?

This Primarily Four Family with One Store or Office (S4) located at 1038 Bedford Avenue, Brooklyn, NY 11205 has a total of 5,400 square feet and a current price per square foot of $583.

What is the year built & the current market value of 1038 Bedford Avenue, Brooklyn, NY 11205?

1038 Bedford Avenue, Brooklyn, NY 11205 was built in 1960 and has a current tax assessor's market value of $729,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease. There are 2 active listings at this address.

Ownership Information for 1038 Bedford Avenue, Brooklyn

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Property owner name for 1038 Bedford Avenue, Brooklyn, NY 11205
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Building contacts for 1038 Bedford Avenue, Brooklyn, NY 11205
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 1038 Bedford Avenue, Brooklyn

1038 Bedford Ave
Listing type For Lease
Listing date 04/04/2025
Last updated 05/14/2026
Lot size 0.0408 Acre

Located in the heart of Bedford-Stuyvesant, this fully built-out bar and restaurant space offers 1,500 square feet of turnkey opportunity. The property features a complete kitchen with venting, a fully operational bar setup, and an interior designed for immediate operations. Situated between Lafayette and DeKalb Avenues, it benefits from high foot traffic and a vibrant commercial corridor.This prime bar and restaurant space in Bedford-Stuyvesant offers 1,500 square feet of turnkey opportunity. The property features a fully operational bar setup, a complete vented kitchen, and an interior designed for immediate operations. Situated between Lafayette and DeKalb Avenues, it benefits from high foot traffic and a vibrant commercial corridor, making it an ideal location. Easily accessible via the Bedford–Nostrand Avenue subway station (G train) and multiple bus lines, the space ensures convenience for both customers and staff. The surrounding area is home to popular businesses, including Brooklyn Kolache, Lucy’s Vietnamese, and Bravo Supermarkets, which further enhances its appeal. Immediate occupancy is available—contact us to schedule a viewing.

View Listing

Brokers

Yossi Zicherman
Spaces
Suite name Space type Lease rate Available space Brokers
Ground floor Office $1/Sqft/Year 1,500 Yossi Zicherman
Basement Office $1/Sqft/Year 1,000 Yossi Zicherman
Active Listings For This Property:
For Lease 1038 Bedford Ave
1038 Bedford Ave
1038 Bedford Avenue, Brooklyn
Property General Office
Availability 2 Spaces listed / 2500 Sqft
Price $1/Sqft/Year
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
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Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 1038 Bedford Avenue, Brooklyn

Create a free account to view the complete sales history for 1038 Bedford Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/09/2024 $3,150,000
09/21/2018 $2,850,000
05/13/2010 $290,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 1038 Bedford 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
06/26/2025 - R UCC3 Termination
(2025061900649003)
06/12/2025 - D
07/02/2025 - R
Agreement
(2025062700104001)
06/12/2025 - D
06/25/2025 - R
Mortgage
(2025061900389003)
06/10/2025 - D
06/26/2025 - R
Termination of Assign of L&R
(2025061900649002)
06/10/2025 - D
06/26/2025 - R
Termination of Assign of L&R
(2025061900649001)
06/10/2025 - D
06/25/2025 - R
Assignment, Mortgage
(2025061900389002)
06/10/2025 - D
06/25/2025 - R
Assignment, Mortgage
(2025061900389001)
02/18/2025 - R UCC3 Assignment
(2025021300714003)
02/18/2025 - R UCC3 Termination
(2025021300714002)
11/06/2024 - R Initial UCC1
(2024103000333010)
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R: Recorded date
D: Document date

Property Taxes for 1038 Bedford Avenue, Brooklyn

Access detailed property tax data for 1038 Bedford Avenue, Brooklyn, NY 11205. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $19,279
Estimated property tax: $19,278
Tax assessor's market value: $729,000
Assessed value: $328,050

Assessment History for 1038 Bedford Avenue, Brooklyn

Here's the assessment & property tax history for 1038 Bedford 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 $729,000 $328,050 $154,985 12.439% $19,279 $19,279 +7.30%
2024/25 $684,000 $307,800 $143,735 12.5% $17,967 $17,967 +3.35%
2023/24 $570,000 $256,500 $139,053 12.502% $17,384 $17,384 +10.07%
2022/23 $560,000 $252,000 $128,753 12.267% $15,794 $15,794 +8.28%
2021/22 $448,100 $201,645 $119,219 12.235% $14,586 $14,586 -0.26%

Permits for 1038 Bedford Avenue, Brooklyn

The complete history of permits filed for 1038 Bedford 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
01/16/2025 Alteration
06/20/2019 Alteration
06/17/2019 Alteration type 2
05/22/2019 Alteration type 2
09/14/2015 Alteration type 2
05/22/2015 Alteration type 2
02/13/2015 Alteration type 2
07/30/2012 Alteration type 2
03/14/2012 Alteration type 2
01/18/1995 Alteration type 2
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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 Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% 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 Bedford Ave & Lafayette Ave at NW Corner
Station lines G
Distance (miles) 0.004
View subway map
Bus Routes
Name Bedford Av/Lafayette Av
Line B44+
Distance (miles) 0.026

Neighbors for 1038 Bedford Avenue, Brooklyn

Here are the neighbors for 1038 Bedford Avenue, Brooklyn, NY 11205.

Address Square feet Purchase date Purchase price
471 Lafayette Ave, Brooklyn 3,360 05/26/2020 $575,000
1020 Bedford Ave, Brooklyn 7,200 02/01/2006 $497,250
375 Vanderbilt Ave, Brooklyn 3,400 03/04/2021 $3,700,000
469 Lafayette Ave, Brooklyn 2,100 10/27/2017 $1,320,000
380 Clinton Ave, Brooklyn 9,762 04/05/2011 $3,800,000
372 Clinton Ave, Brooklyn 7,368 03/01/2022 $3,160,000
1036 Bedford Ave, Brooklyn 3,736 07/29/2013 $1,300,000
1018 Bedford Ave, Brooklyn 7,320 08/10/2001
479 Lafayette Ave, Brooklyn 3,486 08/06/2012
356 Clinton Ave, Brooklyn 5,280 11/20/1997
1034 Bedford Ave, Brooklyn 3,362 12/30/2022
1032 Bedford Ave, Brooklyn 3,362 12/26/2023
360 Clinton Ave, Brooklyn 95,960 05/18/2015
1028 Bedford Ave, Brooklyn 2,400 09/13/2019 $10
473 Lafayette Ave, Brooklyn 3,168 03/08/2022 $2,500,000
212 Lafayette Ave, Brooklyn 18,975 12/14/2023 $125,000
1026 Bedford Ave, Brooklyn 5,502 11/09/2023 $2,700,000
1024 Bedford Ave, Brooklyn 3,202 08/17/2017
1030 Bedford Ave, Brooklyn 2,721 06/03/2016 $995,000
1022 Bedford Ave, Brooklyn 7,200 10/04/2021 $3,600,000
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