--- title: "388 Washington Avenue #2, New York City, NY 11238" description: "388 Washington Avenue #2, New York City, NY 11238 — Townhouse in Clinton Hill, Brooklyn, NY. Listing Price $4,950,000. In contract 9/29/2026. 4 bed, 4 bath, 3,910 sqft Illustrative Buyer Commission Share of $74,250 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/388-washington-avenue-2-ny-11238" source: "Real Estate Rebate Team" dateModified: "2026-09-29T14:22:19.283Z" status: "Pending" --- # 388 Washington Avenue #2, New York City, NY 11238 Townhouse in Clinton Hill, Brooklyn, NY Courtesy of Compass Last updated: September 29, 2026, 10:22 AM ## At a Glance - **Listing Price**: $4,950,000 - **Status**: In contract 9/29/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 4 - **Total Baths**: 4 - **Sqft**: 3,910 - **Common Charges**: $957 / mo - **Monthly Taxes**: $2,121 / mo - **Price per Sqft**: $1,266 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $4,950,000 - **Illustrative Buyer Commission Share**: -$74,250* - **Illustrative Net Cost**: $4,875,750 *Illustrative Buyer Savings of $74,250 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![388 Washington Avenue #2, New York City, NY 11238 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7113606d-33ff-4146-85fa-17778c57caad.png) ![388 Washington Avenue #2, New York City, NY 11238 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8e8da788-e1bc-4c63-ac1b-81b8a3fb4d91.jpg) ![388 Washington Avenue #2, New York City, NY 11238 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/352c4ccb-3f5f-480b-b9ba-016e9a98f706.jpg) ![388 Washington Avenue #2, New York City, NY 11238 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/73712130-7c00-4e4a-9ea4-69ad117f038d.jpg) ![388 Washington Avenue #2, New York City, NY 11238 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e4ceb61e-3b53-4037-b615-a077bb2bcb38.jpg) ![388 Washington Avenue #2, New York City, NY 11238 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9bf1e0b6-32df-4432-b906-bebf6ad9bc85.jpg) ![388 Washington Avenue #2, New York City, NY 11238 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/98315398-83a6-4a8f-976b-c61e73c80145.png) ![388 Washington Avenue #2, New York City, NY 11238 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/af889b09-cb49-42ab-a86e-e44a9fa0504a.jpg) ![388 Washington Avenue #2, New York City, NY 11238 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/590f4e90-afd6-4673-9cfd-234b182cab26.png) ![388 Washington Avenue #2, New York City, NY 11238 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/64390065-1244-4195-8033-2ec48ab4af53.png) ## Property Overview Set along one of Brooklyn’s most architecturally distinguished streets, 388 Washington Avenue is a rare offering on Clinton Hill’s celebrated “Mansion Row.” Occupying the upper three floors of a magnificent 24-foot-wide neo-Grec brownstone built in 1879, Residence 2 combines the scale, character, and privacy of townhouse living with the ease of condominium ownership. A private entry foyer and staircase lead to an extraordinary entertaining floor, anchored by a dramatic 20'4" × 45'6" living and dining room. A remarkable collection of oversized windows frames leafy streetscape and historic architectural views while filling the home with southern and eastern light. Ceilings soar to 12'6", enhancing the sense of volume and grandeur rarely encountered in a condominium residence. The room's generous proportions allow for distinct living and dining areas, with ample space for an additional library, den, or home office without compromising its openness. Two decorative fireplaces, original architectural detailing, reclaimed antique chestnut floors, custom art lighting, Forbes & Lomax switches, and beautiful millwork bring warmth and character to the impressive scale. At the rear, the 20-foot-long chef's kitchen feels both architectural and inviting, with exposed reclaimed timber beams overhead and windows bringing in natural light from triple exposures. Custom European cabinetry pairs with Venetian marble countertops, a substantial center island, a commercial-grade 48-inch BlueStar gas range, a Viking hood, a Liebherr refrigerator, and a Bosch dishwasher. A windowed powder room completes the entertaining level. Above, four generously proportioned bedrooms and three full baths are arranged across two private levels. The primary suite is a serene retreat, with oversized windows overlooking the historic architecture of Washington Avenue, a large customized walk-in closet, and a beautifully appointed bath featuring an imported Aquatica sculptural soaking tub, dual vanities, Vola fixtures, and large-format tile. The additional bedrooms are exceptionally well scaled, with reclaimed oak flooring and extensive custom closets and built-in storage throughout. A dedicated laundry room with a full-size vented washer and dryer adds everyday convenience. On the uppermost floor, the architecture takes another turn: a dramatic pitched roofline and four Velux skylights draw natural light deep into the bedrooms, bath, and stair hall, creating airy and unexpected spaces beneath the roofline. Outdoor space is equally special. A private 276-square-foot Ipe terrace overlooks the picturesque carriage houses of Waverly Avenue and easily accommodates both outdoor dining and a separate lounge area - a true extension of the home and a rare private outdoor retreat in the heart of historic Clinton Hill. Originally built in 1879, the nearly 7,000-square-foot mansion has been meticulously reimagined as just two condominium residences. Approximately 24 feet wide and roughly 107 feet deep, with a substantial three-story rear extension, 388 Washington Avenue retains the grandeur and architectural character of one of Clinton Hill’s great historic homes while delivering the comfort and functionality of contemporary living. Perfectly positioned in the historic district of Clinton Hill, 388 Washington Avenue is surrounded by some of Brooklyn’s best dining, culture, and green spaces. Fort Greene Park is nearby, along with neighborhood favorites including Sailor, Roman’s, Place des Fêtes, Golden Ratio, Entre Nous, and Aita. DeKalb, Lafayette, Myrtle, and Fulton Avenues offer an exceptional mix of cafés, restaurants, boutiques, and everyday conveniences, while multiple subway lines and an extensive network of bike lanes provide easy access throughout Brooklyn and into Manhattan. ## Property Details - **Property Type**: Condominium - **Beds**: 4 - **Total Baths**: 4 - **Rooms**: 7 - **Sqft**: 3,910 sqft - **Stories**: 3 - **Year Built**: 1905 - **Price per Sqft**: $1,266 - **Common Charges**: $957 / Monthly - **Monthly Taxes**: $2,121 / mo - **Listed On**: Sep 10, 2026 - **Days on Market**: 22 Days ### Residence Features - Central Air - Common On Floor - Laundry Room - See Remarks - Private Entrance - Private Outdoor Space Over 60 Sqft - Built-in Features - Chandelier - Crown Molding - High Ceilings - Walk-In Closet(s) - Dryer - Dishwasher - Range - Refrigerator - Washer - Hardwood - Skylight(s) - City ## Estimated Monthly Payment **$28,108 / month**, assuming a 20% down payment ($990,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $25,030 - **Property Taxes**: $2,121 - **Common Charges**: $957 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 2 apartments at 388 Washington Avenue have recorded sales since October 2021, the most recent for $3,425,000 in May 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 1 (Duplex) | 3 | 2,936 | $3,425,000 | $1,167/ft² | May 5, 2025 | City record · MLS | | 2 (Apartment) | 4 | 3,910 | $4,394,677 | $1,124/ft² | October 12, 2022 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. Sales data through May 2025. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 388 Washington Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/388-washington-avenue) ## Price and Property History for 388 Washington Avenue, Unit 2 Review the recorded listing activity for 388 Washington Avenue, Unit 2, including asking-price changes and prior market dates. - **Entered contract**: September 29, 2026 | Date | Price | Listing event | | --- | --- | --- | | September 29, 2026 | $4,950,000 | Entered contract | | September 7, 2026 | $4,950,000 | Listed for sale by Compass | ## Property Tax History Taxes at 388 Washington Avenue #2 were $25,773 in 2026, up 6.0% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $269,804 | $17,476 | $252,328 | $128,320 | $25,773 | 20.085% (estimated) | | 2025 (FY 2025/26) | $256,602 | $17,476 | $239,126 | $121,057 | $24,314 | 20.085% (estimated) | | 2024 (FY 2024/25) | $243,914 | $17,476 | $226,438 | $114,205 | $22,938 | 20.085% | | 2023 (FY 2023/24) | $293,828 | $17,476 | $276,352 | $107,741 | $21,640 | 20.085% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3019451102. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 388 Washington Avenue 388 Washington Avenue, Brooklyn, NY 11238 A building in the neighborhood, currently featuring 0 active listings. - **Year Built**: 1905 - **Active Units**: 0 - **Floors**: 3 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/388-washington-avenue) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [2](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/388-washington-avenue-2-ny-11238) | 4 | 4 | 3,910 sqft | $1,266 | $4,950,000 — In contract | Compass | Sep 10, 2026 | 21 days | ## Potential NYC Second-Home Tax This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price. [Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator) ## Clinton Hill Overview of Clinton Hill [Explore Clinton Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/clinton-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Clinton Hill - [Fort Greene real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/fort-greene) - [Prospect Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights) - [Navy Yard real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/navy-yard) - [Boerum Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/boerum-hill) - [Downtown Brooklyn real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/downtown-brooklyn) - [Vinegar Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/vinegar-hill) ## Related Links - [388 Washington Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/388-washington-avenue) - [Clinton Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/clinton-hill) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.