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388 East 51st Street, Brooklyn, NY 11203 Property Information

388 East 51st Street, Brooklyn, NY 11203 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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388 East 51st Street, Brooklyn, NY 11203 1
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Address

Primary address 388 East 51st Street
Neighborhood East Flatbush
Zip code 11203
Borough Brooklyn
Block & lot 04676-0027

Sales & Tax Overview for 388 East 51st Street, Brooklyn

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

Purchase date 08/26/2004
Purchase price $470,000
Tax class
Estimated property tax $9,724

Lot & Building Information for 388 East 51st Street, Brooklyn

Lot sq. ft. 2,000
Lot dimensions 20 ft x 100 ft
Property type Zoned Commercial or Manhattan Residential (V1)
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Zoning & Use for 388 East 51st Street, Brooklyn

Zoning

Area Overview

Walk Score
Transit Score
Bike Score


School district 18
Community district 17
Closest police station 1.23 Miles
Closest fire station 0.13 Miles

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

Other Property Data for 388 East 51st Street, Brooklyn

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Floor area ratio (FAR) for 388 East 51st 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 51st Street, Brooklyn, NY 11203, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 388 East 51st Street, Brooklyn

What is the market value of 388 East 51st Street, Brooklyn, NY 11203?

The current market value is $202,000.

Ownership Information for 388 East 51st Street, Brooklyn

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Property owner name for 388 East 51st Street, Brooklyn, NY 11203
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Building contacts for 388 East 51st Street, Brooklyn, NY 11203
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 388 East 51st Street, Brooklyn

Create a free account to view the complete sales history for 388 East 51st Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
08/26/2004 $470,000

Title Documents for 388 East 51st 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
09/10/2021 - D
10/13/2021 - R
Satisfaction of Mortgage
(2021091000224002)
09/10/2021 - D
10/13/2021 - R
Termination of Assign of L&R
(2021091000224001)
06/06/2005 - D
10/25/2005 - R
Discharge of Tax Lien
(2005100502058001)
02/07/2005 - R Initial UCC1
(2004092400309004)
09/23/2004 - D
10/18/2004 - R
Correction Document Real Prop.
(2004100500980001)
09/23/2004 - D
09/30/2004 - R
Tax Lien Sale Certificate
(2004092701636001)
08/26/2004 - D
02/07/2005 - R
Assignment of Leases and Rents
(2004092400309003)
08/26/2004 - D
02/07/2005 - R
Mortgage
(2004092400309002)
08/26/2004 - D
02/07/2005 - R
Deed
(2004092400309001)
07/27/2000 - R Tax Lien Sale Certificate
(3730007261273)
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R: Recorded date
D: Document date

Property Taxes for 388 East 51st Street, Brooklyn

Access detailed property tax data for 388 East 51st 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: $9,578
Estimated property tax: $9,724
Tax assessor's market value: $202,000
Assessed value: $90,900

Assessment History for 388 East 51st Street, Brooklyn

Here's the assessment & property tax history for 388 East 51st 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 $202,000 $90,900 $88,290 10.848% $9,578 $9,578 +6.90%
2024/25 $185,000 $83,250 $83,250 10.762% $8,959 $8,959 +3.05%
2023/24 $194,000 $87,300 $82,080 10.592% $8,694 $8,694 +5.75%
2022/23 $204,000 $91,800 $77,220 10.646% $8,221 $8,221 +3.96%
2021/22 $196,000 $88,200 $73,530 10.755% $7,908 $7,908 +5.61%

Permits for 388 East 51st Street, Brooklyn

The complete history of permits filed for 388 East 51st 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.

No recorded permits for this property.

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.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% 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 Rutland Rd & E. 98th St at SW Corner
Station lines 3
Distance (miles) 0.934
View subway map
Bus Routes
Name Utica Av/Church Av
Line B46+
Distance (miles) 0.036

Neighbors for 388 East 51st Street, Brooklyn

Here are the neighbors for 388 East 51st Street, Brooklyn, NY 11203.

Address Square feet Purchase date Purchase price
889 Utica Ave, Brooklyn 2,000 05/13/1992
820 Utica Ave, Brooklyn 3,900 04/16/2026 $1,750,000
795 Linden Blvd, Brooklyn 12,960 02/07/2022 $2,000,000
383 E 52nd St, Brooklyn 5,616 02/15/2011 $360,000
368 E 51st St, Brooklyn 3,490 01/30/2020
790 Utica Ave, Brooklyn 2,400 06/15/2004 $350,000
295 E 53rd St, Brooklyn 3,264 03/13/2002
5123 Snyder Ave, Brooklyn 14,400 08/28/2006
169 E 54th St, Brooklyn 6,000 03/23/2020
5407-5411 Church Ave, Brooklyn 2,600 02/08/1981
6001 Church Ave, Brooklyn 5,130 02/05/2010 $1,400,000
533 Remsen Ave, Brooklyn 11,000 11/16/2017 $2,465,000
406 Rockaway Pkwy, Brooklyn 3,198 11/18/2011 $315,000
675 Linden Blvd, Brooklyn 28,800 11/06/1996
832 Linden Blvd, Brooklyn 34,000 04/01/2011 $2,946,667
508 Remsen Ave, Brooklyn 11/23/1984
9712 Kings Hwy, Brooklyn 2,500 03/26/2026 $1,180,000
432 E 98th St, Brooklyn 3,198 12/12/2024 $690,375
397 E 94th St, Brooklyn 08/31/1976
298 E 51st St, Brooklyn 08/08/2024 $46,006
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