Kings  »  11209  »  88th St  »  437 88th St

437 88th Street, Brooklyn, NY 11209 - Property report

Also known as: 437 88th St

Property image for 437 88th Street, Brooklyn, NY 11209
static Mapbox map

Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

1930

Lot sq. ft.

10,200

Sale price

$6,950,000

General information

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Address
Primary address
437 88th Street
Alternate address(es)
437-447 88th St
ZIP code
11209
Neighborhood
Bay Ridge
Borough
Brooklyn
Block & lot
06050-0045

Owner

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Building
Property type
Office with Commercial - 1 to 6 Stories (O5)
Building sq. ft.
38,621
Building dimensions
100 ft x 125 ft
Buildings on lot
1
Stories
4
Year built
1930
Last altered
2021
Building material
Sales
Sale date
01/29/2018
Sale price
$6,950,000
Tax
Tax year
2026-2027
Property tax
$125,905
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100 ft x 125.67 ft
Lot sq. ft.
10,200

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
89 /100.  Excellent Transit
Bike score
70 /100.  Very Bikeable
School district
20
Community district
10
Closest police station
1.25 Miles
Closest fire station
0.24 Miles

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

Ownership information for 437 88th Street, Brooklyn, NY

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

Sales history for 437 88th Street, Brooklyn, NY 11209

Sale date Sale price Buyer name Seller name
01/29/2018 $6,950,000 XXX XX XXX X X X. XXXXXXXXXXX, XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/11/2026 - R
01/08/2026 - D
Memorandum of Lease
(2026012300982001)
XXX XX XXX XXX XXXX XXXXXXXXXX
06/27/2024 - R UCC3 Assignment
(2024062000132005)
XXX XXXX XXX XXXX XXXXXXXXX XXXX
06/27/2024 - R UCC3 Continuation
(2024062000132004)
XXX XXXX XXX XXXX XXXXXXXXX XXXX
06/27/2024 - R
06/11/2024 - D
Asgn of Asgn of L&R
(2024062000132003)
XXXX XXXXXXXXX XXXX XX XXXXX XXX
06/27/2024 - R
06/11/2024 - D
Assignment, Mortgage
(2024062000132002)
XX XXXXX XXX XXXX XXXXXXXXX XXXX
06/27/2024 - R
06/11/2024 - D
Assignment, Mortgage
(2024062000132001)
XXXX XXXXXXXXX XXXX XX XXXXX XXX
03/05/2024 - R
06/01/2023 - D
Agreement
(2024021500747001)
XXXX XXXXXXXXX XXXX XXX XXXX XXXXXXXXXX
02/27/2024 - R
06/01/2023 - D
Memorandum of Lease
(2024021500691001)
XXX XX XXX XXX XXXX XXXXXXXXXX
03/08/2023 - R
02/28/2023 - D
Termination of Agreement
(2023020300148001)
XXX XX XXX XXXXX XXXX XXXXXX XXX
02/09/2023 - R
01/01/2023 - D
Agreement
(2023020600320001)
XXX XX XXX XXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 437 88th 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
$125,905
Municipal exemptions
Recent tax assessments
Market value
$10,066,000
Assessed value
$4,529,700

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 $10,054,000 $4,524,300 $4,375,080 10.848% $474,609 $111,885 +17.27%
2024/25 $9,976,000 $4,489,200 $4,256,947 10.762% $458,133 $95,409 -38.63%
2023/24 $4,024,000 $1,810,800 $1,467,869 10.592% $155,477 $155,477 +60.53%
2022/23 $2,998,000 $1,349,100 $909,723 10.646% $96,849 $96,849 +76.93%
2021/22 $1,131,000 $508,950 $508,950 10.755% $54,738 $54,738 -29.57%
2020/21 $1,615,000 $726,750 $726,750 10.694% $77,719 $77,719 +0.19%
2019/20 $1,636,000 $736,200 $736,200 10.537% $77,573 $77,573 -21.14%
2018/19 $2,323,000 $1,045,350 $935,550 10.514% $98,364 $98,364 +5.51%
2017/18 $2,203,000 $991,350 $886,680 10.514% $93,226 $93,226 +4.53%
2016/17 $2,087,000 $939,150 $843,480 10.574% $89,190 $89,190 +9.75%

Permit information for 437 88th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/07/2026 Alteration
07/02/2026 Alteration
07/02/2026 Alteration
07/02/2026 Alteration
09/11/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/02/2024 Bench-failure to benchmark none
02/14/2024 C-construction other optional
02/14/2024 C-construction other optional

*Most recent DOB violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
4th Ave & 86th St at SE Corner
Station lines
R
Distance (miles)
0.129

Access the detailed traffic volume map for 437 88th Street, Brooklyn, NY 11209 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

Frequently asked questions

What is the year built for 437 88th Street, Brooklyn, NY 11209?

The development at 437 88th Street, Brooklyn, NY 11209 was built in 1930.

What is the market value of 437 88th Street, Brooklyn, NY 11209?

The current market value of 437 88th Street, Brooklyn, NY 11209 is $10,066,000.

What is the total square footage of 437 88th Street, Brooklyn, NY 11209?

437 88th Street, Brooklyn, NY 11209 has a total of 38,621 square feet.

What is the price per square foot for this property?

$179 per square foot is the price for 437 88th Street, Brooklyn, NY 11209.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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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.

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