388 Midwood Street, Brooklyn, NY 11225 Property Information
388 Midwood Street, Brooklyn, NY 11225 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 388 Midwood Street |
| Neighborhood | Prospect - Lefferts Gardens |
| Zip code | 11225 |
| Borough | Brooklyn |
| Block & lot | 04801-0037 |
Sales & Tax Overview for 388 Midwood Street, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 09/10/2004 |
| Purchase price | $6,596,000 |
| Tax class | Register |
| Estimated property tax | $351,257 |
Lot & Building Information for 388 Midwood Street, Brooklyn
| Lot sq. ft. | 21,000 |
| Lot dimensions | |
| Property type | Elevator Apartment - Semi-Fireproof with Stores (D7)
|
| Building sqft | 99,375 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 6 |
| Year built | 1931 |
| Construction type | Register |
Area Overview
| School district | 17 |
| Community district | 9 |
| Closest police station | 0.28 Miles |
| Closest fire station | 0.25 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 388 Midwood Street, Brooklyn
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About 388 Midwood Street, Brooklyn
This Elevator Apartment - Semi-Fireproof with Stores (D7) located at 388 Midwood Street, Brooklyn, NY 11225 has a total of 99,375 square feet and a current price per square foot of $66.
What is the year built & the current market value of 388 Midwood Street, Brooklyn, NY 11225?388 Midwood Street, Brooklyn, NY 11225 was built in 1931 and has a current tax assessor's market value of $6,324,000.
How many commercial spaces does this building have?This building has 10 commercial spaces available for lease. There are 2 active listings at this address.
Ownership Information for 388 Midwood Street, Brooklyn
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Spaces for Lease in 388 Midwood Street, Brooklyn
| Listing type | For Lease |
|---|---|
| Listing date | 12/10/2025 |
| Last updated | 04/07/2026 |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Space Available | Retail | Listing price not available | 2,000 | Gabriel Betesh |
| Listing type | For Lease |
|---|---|
| Listing date | 12/10/2025 |
| Last updated | 04/07/2026 |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Space Available | Retail | Listing price not available | 450 | Gabriel Betesh |
Past Sales & Property History for 388 Midwood Street, Brooklyn
Create a free account to view the complete sales history for 388 Midwood Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 09/10/2004 | $6,596,000 | Register | Register |
Title Documents for 388 Midwood 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.
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R: Recorded date
D: Document date
Property Taxes for 388 Midwood Street, Brooklyn
Access detailed property tax data for 388 Midwood Street, Brooklyn, NY 11225. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $340,801 |
| Estimated property tax: | $351,257 |
| Tax assessor's market value: | $6,324,000 |
| Assessed value: | $2,845,800 |
Assessment History for 388 Midwood Street, Brooklyn
Here's the assessment & property tax history for 388 Midwood 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 | $6,324,000 | $2,845,800 | $2,739,780 | 12.439% | $340,801 | $340,801 | +3.28% |
| 2024/25 | $5,866,000 | $2,639,700 | $2,639,700 | 12.5% | $329,963 | $329,963 | -5.75% |
| 2023/24 | $6,242,000 | $2,808,900 | $2,808,900 | 12.502% | $351,169 | $350,111 | -3.44% |
| 2022/23 | $6,632,000 | $2,984,400 | $2,984,400 | 12.267% | $366,096 | $362,570 | +23.92% |
| 2021/22 | $5,378,000 | $2,420,100 | $2,420,100 | 12.235% | $296,099 | $292,572 | -22.76% |
Permits for 388 Midwood Street, Brooklyn
The complete history of permits filed for 388 Midwood 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.
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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.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Nostrand Ave & Winthrop St at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | 2-5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.218 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | New York Av/Midwood St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.028 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 388 Midwood Street, Brooklyn
Here are the neighbors for 388 Midwood Street, Brooklyn, NY 11225.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 356 Midwood St, Brooklyn | 3,198 | 01/05/1994 | |
| 377 Rutland Rd, Brooklyn | 3,712 | 12/16/2024 | |
| 365 Rutland Rd, Brooklyn | 3,712 | 06/30/2025 | $2,120,000 |
| 343 Rutland Rd, Brooklyn | 2,128 | 05/08/1969 | |
| 364 Midwood St, Brooklyn | 3,198 | 09/10/1992 | |
| 383 Rutland Rd, Brooklyn | 4,781 | 02/02/2023 | |
| 359 Rutland Rd, Brooklyn | 3,712 | 08/26/2015 | $882,000 |
| 370 Midwood St, Brooklyn | 3,198 | 03/22/2016 | |
| 373 Rutland Rd, Brooklyn | 14,031 | 05/29/2025 | |
| 351 Rutland Rd, Brooklyn | 3,712 | 05/17/1971 | |
| 358 Midwood St, Brooklyn | 3,198 | 11/15/2019 | |
| 350 Midwood St, Brooklyn | 3,300 | 07/15/2008 | |
| 369 Rutland Rd, Brooklyn | 3,712 | 12/11/2003 | $250,000 |
| 345 Rutland Rd, Brooklyn | 2,120 | 07/13/2018 | |
| 352 Midwood St, Brooklyn | 3,900 | 07/15/2008 | |
| 355 Rutland Rd, Brooklyn | 3,712 | 11/07/2011 | |
| 376 Midwood St, Brooklyn | 3,198 | 03/03/2026 | |
| 368 Midwood St, Brooklyn | 3,198 | 08/01/2002 | |
| 374 Midwood St, Brooklyn | 3,198 | 10/27/2018 | |
| 362 Midwood St, Brooklyn | 3,198 | 03/01/2021 |