New York City  »  11223  »  Avenue S  »  388 Avenue S

388 Avenue S, Brooklyn, NY 11223 - Property report

Also known as: 1901-1911 E 1st St

Property image for 388 Avenue S, Brooklyn, NY 11223
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Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1951

Lot sq. ft.

20,000

General information

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Address
Primary address
388 Avenue S
Alternate address(es)
1901-1911 E 1st St
1948-1958 E 2nd St
380-402 Avenue S
Show more
ZIP code
11223
Neighborhood
Gravesend
Borough
Brooklyn
Block & lot
07104-0144

Owner

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Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
54,000
Building dimensions
180 ft x 95 ft
Buildings on lot
1
Stories
6
Year built
1951
Last altered
2015
Sales
Sale date
08/18/2004
Sale price
$122,000
Tax
Tax year
2026-2027
Property tax
$266,545
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
72
Residential sq. ft.
Lot
Frontage(s)
Avenue S (wide)
East 2 Street (narrow)
East 1 Street (narrow)
Lot dimensions
200 ft x 100 ft
Lot sq. ft.
20,000

Area overview

Walk score
90 /100.  Walker's Paradise
Transit score
93 /100.  Rider's Paradise
Bike score
71 /100.  Very Bikeable
School district
21
Community district
15
Closest police station
0.72 Miles
Closest fire station
0.49 Miles

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

Units for 388 Avenue S, Brooklyn, NY

Unit Sale date Sale price Sq. ft. Price/Sq. ft.
Unit 1A 07/14/2026
Unit 1B 07/06/2026
Unit 1C 01/07/2010
Unit 1D 08/23/2021
Unit 1E 07/12/2022
Unit 1F 01/07/2010
Unit 2A 04/14/2016
Unit 2B 05/16/2019 650
Unit 2C 01/13/2026
Unit 2D 05/14/2012
Unit 2E 11/26/2025
Unit 2F 04/23/2014 550
Unit 3A 11/30/2016
Unit 3B 05/10/2011 600
Unit 3C 01/19/2017
Unit 3D
Unit 3E 02/29/2012 750
Unit 3F 04/26/2022
Unit 4A 10/04/2006
Unit 4B 10/20/2009
Unit 4C 06/17/2021
Unit 4D 01/07/2010
Unit 4E 08/15/2017
Unit 4F 01/07/2010
Unit 5A 04/29/2008
Unit 5B 10/03/2007
Unit 5C 09/17/2019
Unit 5D 03/19/2018
Unit 5E 01/11/2005
Unit 5F 01/07/2010
Unit 6A 10/19/2020
Unit 6B 06/03/2014
Unit 6C 01/03/2011
Unit 6D 01/07/2010
Unit 6E 12/14/2016
Unit 6F 03/26/2024
Unit 72 02/11/2009
Unit 8E
Ownership

Ownership information for 388 Avenue S, Brooklyn, NY

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

Sales history for 388 Avenue S, Brooklyn, NY 11223

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/10/2019 - R Initial UCC1
(2019121000004008)		 XXXXXX XXXXXXXXXX XXX XXX XXXX XXXXXXXXX XXXX
11/10/2021 - R
11/25/2019 - D		 Agreement
(2021110300042001)		 XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXX XXXX XXXXXXXXX XXXX
12/10/2019 - R
11/25/2019 - D		 Assignment of Leases and Rents
(2019121000004007)		 XXXXXX XXXXXXXXXX XXX XXX XXXX XXXXXXXXX XXXX
12/10/2019 - R
11/25/2019 - D		 Agreement
(2019121000004006)		 XXXXXX XXXXXXXXXX XXX XXX XXXX XXXXXXXXX XXXX
12/10/2019 - R
11/25/2019 - D		 Mortgage
(2019121000004005)		 XXXXXX XXXXXXXXXX XXX XXX XXXX XXXXXXXXX XXXX
12/10/2019 - R
11/25/2019 - D		 Assignment, Mortgage
(2019121000004004)		 XXXXXXXX XXXXXXXXXXX XXXX X X XXX XXXX XXXXXXXXX XXXX
12/10/2019 - R
11/25/2019 - D		 Assignment, Mortgage
(2019121000004003)		 XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
12/10/2019 - R
11/25/2019 - D		 Termination of Assign of L&R
(2019121000004002)		 XXXXXXXX XXXXXXXXXXX XXXX X X XXXXXX XXXXXXXXXX XXX
12/10/2019 - R
11/25/2019 - D		 Termination of Assign of L&R
(2019121000004001)		 XXXXXX XXX XXXXXX XXXXXXXXXX XXX
02/15/2018 - R UCC3 Termination
(2018021500760001)		 XXXXXX XXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 388 Avenue S, 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
$266,545
Municipal exemptions
Recent tax assessments
Market value
$6,398,000
Assessed value
$2,879,100

More about New York City Property Taxes

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 $5,849,000 $2,632,050 $2,345,426 12.439% $296,894 $240,098 +3.63%
2024/25 $5,750,000 $2,587,500 $2,262,633 12.5% $287,044 $231,690 +4.26%
2023/24 $5,694,000 $2,562,300 $2,168,714 12.502% $275,737 $222,224 +4.66%
2022/23 $5,028,000 $2,262,600 $2,082,874 12.267% $260,838 $212,338 +16.00%
2021/22 $4,199,000 $1,889,550 $1,848,887 12.235% $231,186 $183,043 -25.18%
2020/21 $4,844,000 $2,179,800 $1,994,373 12.267% $249,411 $244,650 +5.04%
2019/20 $4,741,000 $2,133,450 $1,867,354 12.473% $238,113 $232,915 +5.99%
2018/19 $4,814,000 $2,166,300 $1,742,381 12.612% $225,171 $219,749 +11.23%
2017/18 $4,148,000 $1,866,600 $1,553,286 12.719% $203,157 $197,562 +4.35%
2016/17 $4,044,000 $1,819,800 $1,468,521 12.892% $195,536 $189,322 +2.46%
Permits

Permit information for 388 Avenue S, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/03/2025 Alteration
10/02/2025 Alteration
05/19/2023 Alteration
09/08/2011 Alteration type 2
08/10/2011 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID Inspection date Class NOV issue date Status
02/27/2026 B
02/27/2026 A
02/27/2026 B

*Most recent HPD violations on record for this property.

Neighborhood

Homecrest residential market stats

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

Median sale price

$655,000

-11.1% Y-o-Y

Median price/sq. ft.

$654

-5% Y-o-Y

Brooklyn median sale price

$899,000

6% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
5

Subway & traffic

Closest station
McDonald Ave & Avenue S at NE Corner
Station lines
F
Distance (miles)
0.083
View subway map

Access the detailed traffic volume map for 388 Avenue S, Brooklyn, NY 11223 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. 215 Morris H Weiss 5 Yes Public PK, K-5 707 0.08
P.S. 215 Morris H Weiss 5 Yes Public PK, K-5 707 0.08
Magen David Yeshivah School NR No Private PK, K-8 0 0.12
Magen David Yeshivah School NR No Private PK, K-8 0 0.12
Magen David Yesh-Isaac SHLM E NR No Private PK-12 1,906 0.13
Magen David Yesh-Isaac SHLM E NR No Private PK-12 1,906 0.13
Sts. Simon & Jude Elementary School NR No Private PK, K-8 0 0.25
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Is 228 David A Boody 7 Yes Public 6-8 1,551 0.33
Magen David Yeshivah School NR No Private PK, K-8 0 0.12
Magen David Yesh-Isaac SHLM E NR No Private PK-12 1,906 0.13
Sts. Simon & Jude Elementary School NR No Private PK, K-8 0 0.25
Ahaba Ve Ahva Cong & Yeshiva NR No Private PK, K-9 0 0.32
Ahaba Ve Ahava NR No Private PK, K-10 93 0.34
P.S. 95 The Gravesend 7 No Public K-8 940 0.45
P.S. 238 Anne Sullivan 4 No Public PK, K-8 592 0.58
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Magen David Yesh-Isaac SHLM E NR No Private PK-12 1,906 0.13
B'not Rachel High School For Girls NR No Private 9-12 80 0.31
Ahaba Ve Ahava NR No Private PK, K-10 93 0.34
Mirrer Yeshiva High School NR No Private PK-12 359 0.34
Torah Academy High School NR No Private 9-12 16 0.49

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

Neighbors for 388 Avenue S, Brooklyn, NY

1960 E 2nd St, Brooklyn 1974 E 2nd St, Brooklyn 1982 E 2nd St, Brooklyn 1910 E 1st St, Brooklyn 1904 E 1st St, Brooklyn 1964 E 2nd St, Brooklyn 1968 E 2nd St, Brooklyn 370 Avenue S, Brooklyn 1984 E 2nd St, Brooklyn 1996 E 2nd St, Brooklyn 1914 E 1st St, Brooklyn 368 Avenue S, Brooklyn 1906 E 1st St, Brooklyn 1902 E 1st St, Brooklyn 1972 E 2nd St, Brooklyn 1988 E 2nd St, Brooklyn 1928 E 1st St, Brooklyn 1992 E 2nd St, Brooklyn 1926 E 1st St, Brooklyn 1918 E 1st St, Brooklyn

Nearby ZIP codes for 388 Avenue S, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11209, New York City, NY 11210, New York City, NY 11214, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11224, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11229, New York City, NY 11230, New York City, NY 11232, New York City, NY 11234, New York City, NY 11235, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for 388 Avenue S, Brooklyn, NY 11223?

The development at 388 Avenue S, Brooklyn, NY 11223 was built in 1951.

What is the total square footage of 388 Avenue S, Brooklyn, NY 11223?

388 Avenue S, Brooklyn, NY 11223 has a total of 54,000 square feet.

What is the assessed value of 388 Avenue S, Brooklyn, NY 11223?

388 Avenue S, Brooklyn, NY 11223 is currently assessed at $2,879,100.

What are the property taxes for 388 Avenue S, Brooklyn, NY 11223?

The property taxes for 388 Avenue S, Brooklyn, NY 11223 total $315,297.

How many residential units does this building have?

This building has 72 residential unit(s).

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