New York City  »  11237  »  Stanhope St  »  397 Stanhope St

397 Stanhope Street, Brooklyn, NY 11237 - Property report

Also known as: 397 Stanhope St

Property image for 397 Stanhope Street, Brooklyn, NY 11237
static Mapbox map

Property type

Three Families (C0)

Year built

1901

Lot sq. ft.

2,000

Sale price

$1,400,000

General information

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Address
Primary address
397 Stanhope Street
ZIP code
11237
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03261-0043

Owner

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Building
Property type
Three Families (C0)
Building sq. ft.
3,360
Building dimensions
20 ft x 60 ft
Buildings on lot
1
Stories
3
Year built
1901
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Sales
Sale date
07/28/2021
Sale price
$1,400,000
Tax
Tax year
2026-2027
Property tax
$8,438
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Stanhope Street (narrow)
Nearest wide street
Cypress Avenue
Distance to wide street
Lot dimensions
20 ft x 100 ft
Lot sq. ft.
2,000

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
96 /100.  Rider's Paradise
Bike score
88 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.46 Miles
Closest fire station
0.08 Miles

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

Ownership information for 397 Stanhope Street, Brooklyn, NY

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

Sales history for 397 Stanhope Street, Brooklyn, NY 11237

Sale date Sale price Buyer name Seller name
07/28/2021 $1,400,000 XXX XXXXXXXX XXXXXX XXX XXXXXXXX, XXXXX X XXX XXXXXXXX, XXXXXXXXX X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/17/2021 - R Initial UCC1
(2021080500522004)
XXX XXXXXXXX XXXXXX XXX XXXXXX XXXXXXXX XXXX
08/11/2021 - R
08/05/2021 - D
Satisfaction of Mortgage
(2021080600394001)
XXXXXXXX XXXXX X XXXXX XXXXX XXXX X X
08/17/2021 - R
07/28/2021 - D
Assignment of Leases and Rents
(2021080500522003)
XXX XXXXXXXX XXXXXX XXX XXXXXX XXXXXXXX XXXX
08/17/2021 - R
07/28/2021 - D
Mortgage
(2021080500522002)
XXX XXXXXXXX XXXXXX XXX XXXXXX XXXXXXXX XXXX
08/17/2021 - R
07/28/2021 - D
Deed
(2021080500522001)
XXXXXXXX XXXXX X XXX XXXXXXXX XXXXXX XXX
11/24/2008 - R
11/04/2008 - D
Satisfaction of Mortgage
(2008110600730001)
XXXXXXXX XXXXXXXXX XXXXXXXX XXXXX XXXX X X
11/12/2008 - R
10/30/2008 - D
Mortgage
(2008103100530002)
XXXXXXXX XXXXX X XXXXX XXXXX XXXX X X
11/12/2008 - R
10/26/2008 - D
Deed
(2008103100530001)
XXXXXXXX XXXXXXXX XXXXXXXX XXXXX X
05/15/2008 - R
05/02/2008 - D
Satisfaction of Mortgage
(2008050501764001)
XXXXXXXX XXXXXXXXX XXXXXXXX XXXXX XXXX XX
05/07/2008 - R
04/24/2008 - D
Mortgage
(2008042800930001)
XXXXXXXX XXXXXXXXX XXXXXXXX XXXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 397 Stanhope Street, 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
$8,438
Municipal exemptions
Recent tax assessments
Market value
$1,614,000
Assessed value
$96,840

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 $1,434,000 $86,040 $30,954 19.843% $6,142 $6,142 +4.60%
2024/25 $1,371,000 $82,260 $29,237 20.085% $5,872 $5,872 +0.99%
2023/24 $1,582,000 $94,920 $28,949 20.085% $5,814 $5,814 +4.73%
2022/23 $1,437,000 $86,220 $27,336 20.309% $5,552 $5,552 +7.82%
2021/22 $1,576,000 $94,560 $25,795 19.963% $5,149 $5,149 -5.15%
2020/21 $1,530,000 $91,800 $25,795 21.045% $5,429 $5,429 +5.26%
2019/20 $1,470,000 $88,200 $24,364 21.167% $5,157 $5,157 +2.19%
2018/19 $1,424,000 $85,440 $24,124 20.919% $5,046 $5,046 +8.67%
2017/18 $1,106,000 $66,360 $22,780 20.385% $4,644 $4,644 +8.06%
2016/17 $946,000 $56,760 $21,496 19.991% $4,297 $4,297 +2.23%

Permit information for 397 Stanhope Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/08/2021 Alteration
12/08/2021 Alteration
11/10/2021 Alteration
09/21/2021 Alteration
09/21/2021 Alteration

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
05/06/2026 A
03/13/2026 A
03/13/2026 A

*Most recent HPD violations on record for this property.

Bushwick North residential market stats

Access a detailed real estate market overview of Bushwick North so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Bushwick North and compare it to other neighborhoods in Brooklyn.

Median sale price

Median price/sq. ft.

Brooklyn median sale price

$899,000

6% 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
Stanhope St & Wycoff Ave at NW Corner
Station lines
L
Distance (miles)
0.128

Access the detailed traffic volume map for 397 Stanhope Street, Brooklyn, NY 11237 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 123 Suydam 2 Yes Public PK, K-5 507 0.33
P.S. 123 Suydam 2 Yes Public PK, K-5 507 0.33
Learners And Leaders 7 No Public PK, K-5 451 0.15
Learners And Leaders 7 No Public PK, K-5 451 0.15
P.S. 81 Jean Paul Richter 6 No Public PK, K-5 713 0.25
P.S. 81 Jean Paul Richter 6 No Public PK, K-5 713 0.25
P.S. 86 The Irvington 5 No Public K-5 369 0.31
St. Brigid School NR No Private PK-8 228 0.33
St. Brigid School NR No Private PK-8 228 0.33
P.S. 116 Elizabeth L Farrell 4 No Public PK, K-5 352 0.49
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 162 The Willoughby 2 Yes Public 6-8 284 0.20
St. Brigid School NR No Private PK-8 228 0.33
Achievement First Bushwick Charter School 7 No Charter K-8 938 0.52
Jhs 383 Philippa Schuyler 7 No Public 5-8 822 0.52
All City Leadership Secondary School 8 No Public 6-12 421 0.54
St Frances Cabrini School NR No Private PK-8 296 0.62
Is 347 School Of Humanities 4 No Public 6-8 244 0.64
Jhs 291 Roland Hayes 3 No Public 6-8 267 0.66
Is 349 Math Science And Technology 5 No Public 6-8 246 0.66
Is 93 Ridgewood 5 No Public 6-8 985 0.71
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
All City Leadership Secondary School 8 No Public 6-12 421 0.54
Grover Cleveland H.S. 3 No Public 9-12 1,459 0.60
Brooklyn School For Math And Research NR No Public 9-12 333 0.62
Academy Of Urban Planning 5 No Public 9-12 403 0.62
Academy for Environmental Leadership 2 No Public 9-12 275 0.62
Bushwick School for Social Justice 2 No Public 9-12 272 0.62
Math, Eng, Science Academy Charter High 5 No Charter 9-12 515 0.66
Bushwick Community High School 2 No Public 9-12 86 0.66
Bushwick Leaders High School For Academic Excellence 3 No Public 9-12 370 0.91
P.S. 9 NR No Public K-10 664 0.95

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 397 Stanhope Street, Brooklyn, NY 11237?

The development at 397 Stanhope Street, Brooklyn, NY 11237 was built in 1901.

What is the total square footage of 397 Stanhope Street, Brooklyn, NY 11237?

397 Stanhope Street, Brooklyn, NY 11237 has a total of 3,360 square feet.

When was 397 Stanhope Street, Brooklyn, NY 11237 last sold and what was the sale price?

397 Stanhope Street, Brooklyn, NY 11237 was last sold on 07/28/2021 for $1,400,000.

What is the assessed value of 397 Stanhope Street, Brooklyn, NY 11237?

397 Stanhope Street, Brooklyn, NY 11237 is currently assessed at $96,840.

What are the property taxes for 397 Stanhope Street, Brooklyn, NY 11237?

The property taxes for 397 Stanhope Street, Brooklyn, NY 11237 total $8,437.

How many residential units does this building have?

This building has 3 residential unit(s).

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