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388 Central Avenue, Brooklyn, NY 11221 Property Information

388 Central Avenue, Brooklyn, NY 11221 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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388 Central Avenue, Brooklyn, NY 11221 1
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Address

Primary address 388 Central Avenue
Neighborhood Bushwick
Zip code 11221
Borough Brooklyn
Block & lot 03332-0040

Sales & Tax Overview for 388 Central 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 $8,877

Lot & Building Information for 388 Central Avenue, Brooklyn

Lot sqft 2,000
Lot dimensions 20 ft x 100 ft
Building class Primarily Two Family with One Store or Office (S2) i
Building sqft 3,600
Building dimensions 20 ft x 60 ft
Buildings on lot 1
Stories 3
Year built 1931
Construction type
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Zoning & Use for 388 Central Avenue, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 2
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 32
Community district 4
Closest police station 0.24 Miles
Closest fire station 0.24 Miles

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

Other Property Data for 388 Central Avenue, Brooklyn

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Floor area ratio (FAR) for 388 Central Avenue, Brooklyn, NY 11221, 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 388 Central Avenue, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 388 Central Avenue, Brooklyn

How many square feet does 388 Central Avenue, Brooklyn, NY 11221 have?

This Primarily Two Family with One Store or Office (S2) located at 388 Central Avenue, Brooklyn, NY 11221 has a total of 3,600 square feet.

What is the year built & the current market value of 388 Central Avenue, Brooklyn, NY 11221?

388 Central Avenue, Brooklyn, NY 11221 was built in 1931 and has a current tax assessor's market value of $1,504,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 388 Central Avenue, Brooklyn

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Property owner name for 388 Central Avenue, Brooklyn, NY 11221
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Building contacts for 388 Central Avenue, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
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.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 388 Central Avenue, Brooklyn

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No recorded sales for this property.

Title Documents for 388 Central 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
10/18/2001 - D
01/31/2002 - R
Deed
(3440007983244)
07/31/1998 - R Satisfaction of Mortgage
(3210006179521)
07/19/1993 - R Mortgage
(3640001786664)
05/31/1991 - R Mortgage
(3490001617849)
05/25/1989 - R Deed
(3990001456599)
03/03/1988 - R Mortgage
(3060001347906)
02/18/1988 - R Deed
(3190001343719)
02/18/1988 - R Mortgage
(3180001343718)
02/18/1988 - R Satisfaction of Mortgage
(3930001343993)
12/14/1983 - R Mortgage
(3170000992517)
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R: Recorded date
D: Document date

Property Taxes for 388 Central Avenue, Brooklyn

Access detailed property tax data for 388 Central Avenue, Brooklyn, NY 11221. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $8,375
Estimated property tax: $8,877
Tax assessor's market value: $1,504,000
Assessed value: $90,240

Assessment History for 388 Central Avenue, Brooklyn

Here's the assessment & property tax history for 388 Central 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 $1,504,000 $90,240 $42,205 19.843% $8,375 $8,375 +4.72%
2024/25 $1,449,000 $86,940 $39,816 20.085% $7,997 $7,997 0.00%
2023/24 $1,495,000 $89,700 $39,816 20.085% $7,997 $7,997 -0.36%
2022/23 $1,174,000 $70,440 $39,518 20.309% $8,026 $8,026 +7.84%
2021/22 $1,005,000 $60,300 $37,281 19.963% $7,442 $7,442 +0.54%

Permits for 388 Central Avenue, Brooklyn

The complete history of permits filed for 388 Central 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
05/05/2004 Alteration type 3
         
         
         
         
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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 Myrtle Ave & Greene Ave at NW Corner
Station lines M
Distance (miles) 0.341
View subway map
Bus Routes
Name Gates Av/Central Av
Line B52
Distance (miles) 0.009

Neighbors for 388 Central Avenue, Brooklyn

Here are the neighbors for 388 Central Avenue, Brooklyn, NY 11221.

Address Square feet Purchase date Purchase price
376 Central Ave, Brooklyn 6,000 10/10/2014 $750,000
1233 Gates Ave, Brooklyn 3,300 10/30/2019
112 Linden St, Brooklyn 1,960 10/28/2024
138 Linden St, Brooklyn 1,960 06/29/2015 $635,000
136 Linden St, Brooklyn 1,936 05/22/1995
126 Linden St, Brooklyn 1,960 06/16/2016 $200,000
1257 Gates Ave, Brooklyn 2,500 02/14/1991
1235 Gates Ave, Brooklyn 2,100 04/07/2025 $1,650,000
132 Linden St, Brooklyn 1,936
1245 Gates Ave, Brooklyn 66,300 09/27/2006 $41,914
1225 Gates Ave, Brooklyn 3,186 06/03/2019 $10
374 Central Ave, Brooklyn 4,125 02/21/2017
130 Linden St, Brooklyn 1,936
1229 Gates Ave, Brooklyn 2,100 12/22/2022 $130,000
1227 Gates Ave, Brooklyn 2,100 01/19/2018 $630,000
108 Linden St, Brooklyn 1,960 04/11/1995
128 Linden St, Brooklyn 1,936 05/22/1995
110 Linden St, Brooklyn 1,960 11/16/2023 $990,000
378 Central Ave, Brooklyn 4,125 07/06/2012
134 Linden St, Brooklyn 1,936 03/01/1997
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