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388 East 48th Street, Brooklyn, NY 11203 Property Information

388 East 48th Street, Brooklyn, NY 11203 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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388 East 48th Street, Brooklyn, NY 11203 2
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Address

Primary address 388 East 48th Street
Secondary address 388 Garage E 48th St
Neighborhood East Flatbush
Zip code 11203
Borough Brooklyn
Block & lot 04673-0027

Sales & Tax Overview for 388 East 48th Street, Brooklyn

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

Purchase date 12/28/2023
Purchase price $875,000
Tax class
Estimated property tax $6,509

Lot & Building Information for 388 East 48th Street, Brooklyn

Lot sqft 2,600
Lot dimensions 26 ft x 100 ft
Building class Two Family Brick (B1) i
Building sqft 2,836
Building dimensions 22 ft x 63 ft
Buildings on lot 2
Stories 2
Structure type Old style
Building material Brick
Exterior wall Brick/masonry
Basement type Full
Garage type Detached, frame garage
Year built 1915
Frontage(s) East 48 Street (narrow)
Nearest wide street Schenectady Avenue
Distance to wide street
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Zoning & Use for 388 East 48th Street, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 18
Community district 17
Closest police station 1.11 Miles
Closest fire station 0.23 Miles

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

Other Property Data for 388 East 48th Street, Brooklyn

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Floor area ratio (FAR) for 388 East 48th Street, Brooklyn, NY 11203, 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 East 48th Street, Brooklyn, NY 11203, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 388 Garage E 48th St, Brooklyn, NY 11203

About 388 East 48th Street, Brooklyn

What is the year built & the total sq. ft. for 388 East 48th Street, Brooklyn, NY 11203?

388 East 48th Street, Brooklyn, NY 11203 was built in 1915 and has a total of 2,836 square feet.

What is the assessed value of 388 East 48th Street, Brooklyn, NY 11203 and the property tax paid?

Assessed at $53,520, the tax amount paid for 388 East 48th Street, Brooklyn, NY 11203 is $6,505. For the next year, the tax amount for 388 East 48th Street, Brooklyn, NY 11203 is estimated at $6,509.

When was 388 East 48th Street, Brooklyn, NY 11203 last sold and what was the last sale price?

388 East 48th Street, Brooklyn, NY 11203 was last sold in 12/28/2023 for $875,000.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 388 East 48th Street, Brooklyn

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Property owner name for 388 East 48th Street, Brooklyn, NY 11203
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Building contacts for 388 East 48th Street, Brooklyn, NY 11203
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 388 East 48th Street, Brooklyn

Create a free account to view the complete sales history for 388 East 48th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
12/28/2023 $875,000
06/22/2021 $400,000
12/30/2009 $10
       
       
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*Here are the three most recent sales for this property.

Title Documents for 388 East 48th Street, 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
01/09/2024 - D
01/17/2024 - R
Satisfaction of Mortgage
(2024011101168001)
12/28/2023 - D
01/08/2024 - R
Mortgage
(2024010400864002)
12/28/2023 - D
01/08/2024 - R
Deed
(2024010400864001)
12/12/2023 - D
12/15/2023 - R
Assignment, Mortgage
(2023121301030001)
11/29/2023 - D
12/22/2023 - R
Deed
(2023122000280001)
10/08/2021 - D
11/10/2021 - R
Deed
(2021102500976001)
07/01/2021 - D
07/08/2021 - R
Satisfaction of Mortgage
(2021070200652001)
06/22/2021 - D
06/29/2021 - R
Mortgage
(2021062301028002)
06/22/2021 - D
06/29/2021 - R
Deed
(2021062301028001)
12/17/2020 - D
12/24/2020 - R
Assignment, Mortgage
(2020122201063001)
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R: Recorded date
D: Document date

Property Taxes for 388 East 48th Street, Brooklyn

Access detailed property tax data for 388 East 48th Street, Brooklyn, NY 11203. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $6,505
Estimated property tax: $6,509
Tax assessor's market value: $892,000
Assessed value: $53,520

Assessment History for 388 East 48th Street, Brooklyn

Here's the assessment & property tax history for 388 East 48th Street, 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 $892,000 $53,520 $32,784 19.843% $6,505 $6,505 +4.64%
2024/25 $839,000 $50,340 $30,954 20.085% $6,217 $6,217 +0.93%
2023/24 $918,000 $55,080 $30,668 20.085% $6,160 $6,160 +4.77%
2022/23 $849,000 $50,940 $28,949 20.309% $5,879 $5,879 +7.74%
2021/22 $829,000 $49,740 $27,336 19.963% $5,457 $5,457 -5.09%

Permits for 388 East 48th Street, Brooklyn

The complete history of permits filed for 388 East 48th Street, 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
01/28/2019 Alteration type 2
         
         
         
         
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East Flatbush Residential Market Stats

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

Median Sale Price
$590,000
-5.4% YoY
Median Price/Sqft
$451
5.3% YoY
Brooklyn Median Sale Price
$839,000
6.2% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 6 (See more on map)

Transportation

Distance to Subway
Closest station Nostrand Ave & Church Ave at SE Corner
Station lines 2-5
Distance (miles) 0.885
View subway map
Bus Routes
Name Church Av/E 48 St
Line B35
Distance (miles) 0.056

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 135 Sheldon A Brookner 5 Yes Public PK, K-5 308 0.05
P.S. 135 Sheldon A Brookner 5 Yes Public PK, K-5 308 0.05
Battalion Christian Academy NR No Private PK-5 174 0.12
Battalion Christian Academy NR No Private PK-5 174 0.12
Learning Dynamics Academy NR No Private PK, K-7 0 0.31

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Middle School of Media Law and Fine Arts (The) 4 Yes Public 6-8 180 0.48
Excelsior Elementary School NR No Private 6-12 131 0.17
Learning Dynamics Academy NR No Private PK, K-7 0 0.31
P.S. 235 Janice Marie Knight School 7 No Public PK, K-8 952 0.46
Middle School Of Marketing And Legal Studies NR No Public 6-8 132 0.48

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Excelsior Elementary School NR No Private 6-12 131 0.17
Kings Collegiate Charter School 6 No Charter K-12 1,215 0.48
It Takes A Village Academy 3 No Public 9-12 308 0.60
Kurt Hahn Expeditionary Learning School 1 No Public 9-12 152 0.60
Cultural Academy For The Arts And Sciences 3 No Public 9-12 232 0.60

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 388 East 48th Street, Brooklyn

Here are the neighbors for 388 East 48th Street, Brooklyn, NY 11203.

Address Square feet Purchase date Purchase price
366 E 98th St, Brooklyn 3,400 04/11/2010
4713 Church Ave, Brooklyn 2,720 04/11/2014 $599,000
384 E 48th St, Brooklyn 2,136 03/26/2015 $520,000
372 E 98th St, Brooklyn 3,400 11/17/2003
4721 Church Ave, Brooklyn 10,467 10/05/2006 $1,220,000
4711 Church Ave, Brooklyn 2,834 02/22/2016 $799,000
402 E 48th St, Brooklyn 12,240 12/06/2018
4707 Church Ave, Brooklyn 1,920
360 E 98th St, Brooklyn 3,400 11/12/2004
4717 Church Ave, Brooklyn 2,920 07/21/2003
380 E 48th St, Brooklyn 1,328 08/27/2020
345 Rockaway Pkwy, Brooklyn 3,198 10/16/2023
392 E 48th St, Brooklyn 2,836 05/12/1987
4715 Church Ave, Brooklyn 2,720 12/26/2003
382 E 48th St, Brooklyn 1,236 02/28/2006
684 Linden Blvd, Brooklyn 54,375
394 E 48th St, Brooklyn 6,075 01/15/1999
398 E 48th St, Brooklyn 2,526 05/26/2000
396 E 98th St, Brooklyn 3,075 08/11/2023
354 E 98th St, Brooklyn 3,400 08/03/2014
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