NOT LISTED FOR SALE

388 Atlantic Ave Brooklyn, NY 11217

Boerum Hill Neighborhood

Estimated Value: $3,123,887

Studio
-- Bath
8,582 Sq Ft
$364/Sq Ft Est. Value

About This Home

This home is located at 388 Atlantic Ave, Brooklyn, NY 11217 and is currently estimated at $3,123,887, approximately $364 per square foot. 388 Atlantic Ave is a home located in Kings County with nearby schools including P.S. 38 The Pacific School, A. Fantis School of Saints Constantine and Helen Cathedral, and Brooklyn Friends School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2024
Sold by
388 Atlantic Avenue Inc
Bought by
The Working World Inc D/B/A Seed Commo
Current Estimated Value
$3,123,887

Purchase Details

Closed on
Jan 19, 1995
Sold by
Donnellan Birdsall Co Inc
Bought by
388 Atlantic Avenue Inc

Purchase Details

Closed on
Jul 22, 1994
Sold by
Nisselson Alan
Bought by
Morris Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
8.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
The Working World Inc D/B/A Seed Commo $3,000,000 --
The Working World Inc D/B/A Seed Commo $3,000,000 --
388 Atlantic Avenue Inc $220,000 --
388 Atlantic Avenue Inc $220,000 --
Morris Robert $515,000 The Title Guarantee Company
Morris Robert K $515,000 The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Robert K $325,000
Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $73,860 $903,600 $61,650 $841,950
2024 $73,860 $812,700 $61,650 $751,050
2023 $69,743 $783,450 $61,650 $721,800
2022 $65,037 $733,500 $61,650 $671,850
2021 $53,080 $496,350 $61,650 $434,700
2019 $48,723 $601,650 $61,650 $540,000
2018 $43,228 $531,450 $61,650 $469,800
2017 $37,402 $432,450 $61,650 $370,800
2016 $34,636 $426,150 $61,650 $364,500
2015 $13,248 $298,350 $61,650 $236,700
2014 $13,248 $264,150 $61,650 $202,500
Source: Public Records

Map

New York Kings County Brooklyn 11217 Boerum Hill

388 Atlantic Ave, Brooklyn, NY

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