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Brooklyn / Gravesend (East)-Homecrest / 11223

388 AVENUE S

Boro3
Block7104
Lot144
BBL3071040144
Class D4
Residential units
72
Units in total
72
Storeys
6
Year built
1951
Last alteration on file
2015
Recorded transfers
70 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
14 Jul 2026$169,0001ASINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Jul 2026$200,0001BSINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Jan 2026$238,0002CSINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Nov 2025$268,0002ESINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Oct 2025$265,0002CSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Aug 2024$235,0001BSINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Mar 2024$255,0006FSINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Jul 2022$205,0001ESINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Apr 2022$250,0003FSINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Aug 2021$355,0001DSINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Jun 2021$246,0004CSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Oct 2020$255,0006ASINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Dec 2019$265,0005ASINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Sep 2019$250,0005CSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 May 2019$227,0003FSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 May 2019$200,0002BSINGLE RESIDENTIAL COOP UNITRPTT&RET
13 May 2019$220,0002ESINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Mar 2018$292,5005DSINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Sep 2017$110,0001BSINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Aug 2017$220,0004ESINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Apr 2017$120,0001ASINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Jan 2017$203,0003CSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Dec 2016$210,0006ESINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Nov 2016$192,0002BSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Apr 2016$190,0002ASINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Feb 2016$175,0006FSINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Oct 2014$110,0001ASINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Jun 2014$77,5006BSINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Apr 2014$142,0002FSINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Mar 2014$170,0003CSINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Sep 2013$150,0006BSINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Sep 2013$153,0006ESINGLE RESIDENTIAL COOP UNITRPTT&RET
14 May 2012$215,0002DSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Feb 2012$150,0003ESINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Jul 2011$103FSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 May 2011$143,0003BSINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Jan 2011$165,0002ESINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Jan 2011$129,0006CSINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Jan 2010$4,142,7066DMULTIPLE RESIDENTIAL COOP UNIT11 lotsRPTT&RET
26 Oct 2009$135,0001CSINGLE RESIDENTIAL COOP UNITRPTT&RET
70 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.

By year

YearTransfersMedian recordedLowestHighest
20263$200,000$169,000$238,000
20252$266,500$265,000$268,000
20242$245,000$235,000$255,000
20222$227,500$205,000$250,000
20212$300,500$246,000$355,000
20201$255,000--
20195$227,000$200,000$265,000
20181$292,500--
20174$161,500$110,000$220,000
20164$191,000$175,000$210,000
20144$126,000$77,500$170,000
20132$151,500$150,000$153,000
20122$182,500$150,000$215,000
20114$136,000$10$165,000
20101$4,142,706--
20096$127,500$11,000$161,120
20084$160,553$150,000$163,000
20075$162,240$86,190$169,000
20065$151,050$143,000$161,120
20055$129,000$125,000$150,000
20046$119,406$80,000$170,000
02

The building on the lot

Section through the lot

LOT 20,000 SQ FT6
Drawn from PLUTO: 6 storeys, 54,000 sq ft of building on 20,000 sq ft of lot, an average floor plate covering 45% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
20,000 sq ft
Building area
54,000 sq ft
Residential area
54,000 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.7
Residential FAR permitted
1
Zoning district
R4
03

Assessment

Assessed land value
$230,850
Assessed total value
$2,879,100
Exempt value
$51,299
Assessed per residential unit
$39,988

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D4ELEVATOR COOPERATIVE
Neighbourhood
Gravesend (East)-Homecrest
ZIP code
11223
Community district
Brooklyn 15
Council district
44
Coordinates
40.601719, -73.970928
05

Other buildings in Gravesend (East)-Homecrest

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1213 AVENUE ZD42501960180$340k
2400 EAST 3 STREETD41801957132$328k
367 AVENUE SD41561950145$244k
1230 AVENUE YD114519611-
1245 AVENUE XD113519631-
2375 EAST 3 STREETD113519571-
1237 AVENUE ZD4128195887$313k
1840 EAST 13 STREETD4125195487$260k
1628 OCEAN PARKWAYD112419282-
2365 EAST 13 STREETD112419600-
2355 EAST 12 STREETD112119631-
2250 EAST 4 STREETD111519620-

Every building on file in Gravesend (East)-Homecrest