Kings » 11218 » 38th St » 1427 38th St

1427 38th Street, Brooklyn, NY 11218 - Property report

Also known as: 1427 38th St

Property image for 1427 38th Street, Brooklyn, NY 11218

Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

1930

Lot sq. ft.

14,632

General information

Address

Primary address

1427 38th Street

Alternate address(es)

1427 Rear 38th St

ZIP code

11218

Neighborhood

Borough Park

Borough

Brooklyn

Block & lot

05348-0067

Building

Property type

Office with Commercial - 1 to 6 Stories (O5)

Building sq. ft.

19,800

Building dimensions

96 ft x 50 ft

Buildings on lot

Stories

Year built

1930

Last altered

2006

Building material

Tax

Tax year

2026-2027

Property tax

$123,729

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

20 ft x 150.33 ft

Lot sq. ft.

14,632

Area overview

Walk score

89 /100. Very Walkable

Transit score

96 /100. Rider's Paradise

Bike score

71 /100. Very Bikeable

School district

Community district

Closest police station

0.74 Miles

Closest fire station

0.41 Miles

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

Ownership

Ownership information for 1427 38th Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 1427 38th Street, Brooklyn, NY 11218

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/08/2024 - R	UCC3 Continuation (2024070200947001)	XX XX XXXXXX XXXX	XXXXXXXX XXXXXX XXXXXXXXXX XXXX XXXXXXXXX XXXXXXX
12/13/2019 - R	UCC3 Termination (2019121000873009)	X X X XXXXXX XXX	XXXXX XXXXX XXXX
12/13/2019 - R	UCC3 Termination (2019121000873008)	XXXX XX XXXXXX XXXX	XXXXX XXXXX XXXX
12/13/2019 - R	Initial UCC1 (2019121000873007)	XX XX XXXXXX XXXX	XXXXXXXX XXXXXX XXXXXXXXXX XXXX XXXXXXXXX XXXXXXX
12/13/2019 - R 11/26/2019 - D	Termination of Assign of L&R (2019121000873006)	XX XX XXXXXX XXXX	XXXXX XXXXX XXXX
12/13/2019 - R 11/26/2019 - D	Assignment of Leases and Rents (2019121000873004)	XX XX XXXXXX XXXX	XXXXXXXX XXXXXX XXXXXXXXXX XXXX XXXXXXXXX XXXXXXX
12/13/2019 - R 11/26/2019 - D	Agreement (2019121000873003)	XX XX XXXXXX XXXX	XXXXXXXX XXXXXX XXXXXXXXXX XXXX XXXXXXXXX XXXXXXX
12/13/2019 - R 11/26/2019 - D	Mortgage (2019121000873002)	XX XX XXXXXX XXXX	XXXXXXXX XXXXXX XXXXXXXXXX XXXX XXXXXXXXX XXXXXXX
12/13/2019 - R 11/26/2019 - D	Assignment, Mortgage (2019121000873001)	XXXXX XXXXX XXXX	XXXXXXXX XXXXXX XXXXXXXXXX XXXX XXXXXXXXX XXXXXXX
12/13/2019 - R 11/20/2019 - D	Agreement (2019121000873005)	XXXXXXXX XXXXXX XXXXXXXXXX XXXX XXXXXXXXX XXXXXXX	X X X XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1427 38th 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

$123,729

Municipal exemptions

Recent tax assessments

Market value

$2,611,000

Assessed value

$1,174,950

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	$2,600,000	$1,170,000	$1,059,030	10.848%	$114,884	$114,884	+3.20%
2024/25	$2,558,000	$1,151,100	$1,034,370	10.762%	$111,319	$111,319	+3.91%
2023/24	$2,628,000	$1,182,600	$1,011,420	10.592%	$107,130	$107,130	+3.84%
2022/23	$2,276,000	$1,024,200	$969,120	10.646%	$103,173	$103,173	+25.03%
2021/22	$1,705,000	$767,250	$767,250	10.755%	$82,518	$82,518	-13.55%
2020/21	$2,326,000	$1,046,700	$892,530	10.694%	$95,447	$95,447	+15.85%
2019/20	$2,303,000	$1,036,350	$781,920	10.537%	$82,391	$82,391	+16.67%
2018/19	$2,158,000	$971,100	$671,670	10.514%	$70,619	$70,619	+17.95%
2017/18	$1,748,000	$786,600	$569,430	10.514%	$59,870	$59,870	+31.81%
2016/17	$1,218,000	$548,100	$429,570	10.574%	$45,423	$45,423	+7.52%

Permits

Permit information for 1427 38th Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
03/11/2004	Alteration type 2
12/29/1999	Alteration type 1
08/25/1999	Alteration type 1
05/07/1998	Alteration type 2
03/28/1996	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Listings

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

McDonald Ave & Church Ave at SW Corner

Station lines

Distance (miles)

0.249

View subway map

Access the detailed traffic volume map for 1427 38th Street, Brooklyn, NY 11218 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

Neighbors for 1427 38th Street, Brooklyn, NY

224 E 16th St, Brooklyn 963 Lorimer St, Brooklyn 186 Nelson St, Brooklyn 656 Classon Ave, Brooklyn 1221 Atlantic Ave, Brooklyn 121 N Portland Ave, Brooklyn 209 A Eckford St, Brooklyn 68 Penn St, Brooklyn 10 Montieth St, Brooklyn 416 Kent Ave, Brooklyn 2747 Cropsey Ave, Brooklyn 65 Van Buren St, Brooklyn 1615 St Johns Pl, Brooklyn 420 Kent Ave, Brooklyn 2609 Coney Island Ave, Brooklyn 426 Bainbridge St, Brooklyn 2797 86th St, Brooklyn 925 St Marks Ave, Brooklyn

Frequently asked questions

What is the year built for 1427 38th Street, Brooklyn, NY 11218?

The development at 1427 38th Street, Brooklyn, NY 11218 was built in 1930.

What is the market value of 1427 38th Street, Brooklyn, NY 11218?

The current market value of 1427 38th Street, Brooklyn, NY 11218 is $2,611,000.

What is the total square footage of 1427 38th Street, Brooklyn, NY 11218?

1427 38th Street, Brooklyn, NY 11218 has a total of 19,800 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.