| Primary address | 387 New Lots Avenue |
| Secondary address | 619-625 Pennsylvania Ave |
| Neighborhood | East New York |
| Zip code | 11207 |
| Borough | Brooklyn |
| Block & lot | 03840-0001 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $9,987 |
| Lot sq. ft. | 1,020 |
| Lot dimensions | |
| Property type | Office with Apartments Only (No Commercial) (O8)
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| Building sqft | 2,040 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 2 |
| Year built | 1930 |
| Construction type | Register |
| School district | 19 |
| Community district | 5 |
| Closest police station | 0.84 Miles |
| Closest fire station | 0.23 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
This Office with Apartments Only (No Commercial) (O8) located at 387 New Lots Avenue, Brooklyn, NY 11207 has a total of 2,040 square feet.
What is the year built & the current market value of 387 New Lots Avenue, Brooklyn, NY 11207?387 New Lots Avenue, Brooklyn, NY 11207 was built in 1930 and has a current tax assessor's market value of $201,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 387 New Lots Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 387 New Lots Avenue, Brooklyn, NY 11207. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $9,314 |
| Estimated property tax: | $9,987 |
| Tax assessor's market value: | $201,000 |
| Assessed value: | $90,450 |
Here's the assessment & property tax history for 387 New Lots 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 | $201,000 | $90,450 | $85,860 | 10.848% | $9,314 | $9,314 | +8.66% |
| 2024/25 | $177,000 | $79,650 | $79,650 | 10.762% | $8,572 | $8,572 | -11.06% |
| 2023/24 | $219,000 | $98,550 | $90,990 | 10.592% | $9,638 | $9,638 | -0.31% |
| 2022/23 | $204,000 | $91,800 | $90,810 | 10.646% | $9,668 | $9,668 | +30.56% |
| 2021/22 | $153,000 | $68,850 | $68,850 | 10.755% | $7,405 | $7,405 | -25.52% |
The complete history of permits filed for 387 New Lots 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.
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.
| FEMA flood zone(s): | X (See more on map) |
| Hurricane evacuation zone: | 5 (See more on map) |
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Distance to Subway
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| Closest station | Pennsylvania Ave & Livonia Ave at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | 3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.183 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | New Lots Av/Pennsylvania Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.009 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 387 New Lots Avenue, Brooklyn, NY 11207.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 551 Sheffield Ave, Brooklyn | 1,296 | 06/04/2013 | |
| 599 Powell St, Brooklyn | 1,174 | 07/19/2022 | |
| 622 Snediker Ave, Brooklyn | 1,332 | 12/19/2001 | |
| 590 Alabama Ave, Brooklyn | 1,296 | 04/25/2000 | |
| 549 Sheffield Ave, Brooklyn | 1,296 | 11/23/2022 | $640,000 |
| 435-439 Newport St, Brooklyn | 1,332 | 04/01/2023 | |
| 464 Riverdale Ave, Brooklyn | 2,475 | 05/07/2015 | $600,000 |
| 748 Sackman St, Brooklyn | 2,240 | 04/21/2022 | $10 |
| 739 Sackman St, Brooklyn | 1,120 | 03/03/1988 | |
| 737 Sackman St, Brooklyn | 1,120 | 03/14/1997 | |
| 596 Alabama Ave, Brooklyn | 1,296 | 12/15/2004 | |
| 547 Sheffield Ave, Brooklyn | 1,296 | 02/24/2026 | $680,000 |
| 569 Powell St, Brooklyn | 1,148 | 10/14/1987 | |
| 522 Hinsdale St, Brooklyn | 1,332 | 04/19/2012 | |
| 520 A Christopher Ave, Brooklyn | 4,400 | 04/01/2016 | $715,000 |
| 273 Lott Ave, Brooklyn | 1,116 | 09/07/2023 | $535,000 |
| 583 Powell St, Brooklyn | 1,148 | 05/07/2010 | $260,000 |
| 551 Powell St, Brooklyn | 1,116 | 03/26/1985 | |
| 520 Christopher Ave, Brooklyn | 1,148 | 08/25/2020 | $540,000 |
| 587 Alabama Ave, Brooklyn | 1,296 | 07/16/2004 | $255,000 |
