388 Bridge Street
388 Bridge Street, Brooklyn, NY 11201
Downtown Brooklyn, Brooklyn
BBL 3001527501 · BIN 3397720
- Year built
- 2014
- Type
- Condominium
- Floors
- 53
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Pied-à-terre
- Permitted
- Doorman
- Full-time doorman
Every recorded sale at this building, 2014–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,316
- floor-adjusted, 1 sale
- Listing discount
- 0.0%
- Recorded sales
- 143
- On record
- 2014–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 388 Bridge Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
388 Bridge Street is two buildings that share one address, one set of elevators and one condominium board. The lower floors are a rental building with 234 apartments. The upper floors are a condominium with 137 residences today. The for-sale part is a genuine open market: the sponsor recorded some 120 individual unit deeds between December 2014 and 2016, and today's tax roll shows about 119 different owners across the 137 residential lots. But the for-sale part is the minority of the condominium by common interest, and that shapes almost everything a buyer needs to know.
The Stahl Organization filed plans in 2007 for what was reported as an all-condominium tower. Construction stopped in the 2008 downturn, and when it resumed the building had been re-planned with rentals below and condominiums above, the rentals financed with state housing bonds. The tower topped out in 2013 at 53 stories, briefly Brooklyn's tallest. The rental block, the commercial units and the parking garage stayed with a Stahl-affiliated owner. At the end of 2015, the sponsor and its affiliate together held about 64 percent of the condominium's common interest and paid about 70 percent of its revenue.
Sponsor position today. In September 2016 the original sponsor sold its last 14 unsold residences, all on the penthouse floors from 47 through 53, to Sidney Bridge LLC, a successor sponsor with offices at the Stahl Organization. The 2027 tax roll still shows all 14 in that entity's name, with no recorded resales, and the twelfth amendment disclosed that they were being rented. That is about a tenth of the for-sale residences still recorded under the successor sponsor’s name on that roll. The 2017 amendment documents their rental status then; confirm current occupancy and leasing with management.
Governance. The twelfth amendment (2017) listed a five-member board: three members designated by the "Lower Unit Owners" (the owner of the rental, commercial and parking units), one designated by the successor sponsor, and one elected by the residential owners. If that structure still holds, residential owners do not control the board of the building they live in. Get the current by-laws and board roster before you sign.
Architecture and unit composition
SLCE Architects designed a slender glass tower on a mid-block Bridge Street site, with asymmetrical setbacks at the top and a lit crown. The condominium residences start in the low 30s. Brokerage records describe two-bedroom A and C lines on floors 32 through 44 and duplex penthouses on 47 through 53, some with terraces. Finishes as marketed included walnut cabinetry, quartz counters, Viking cooktops, Liebherr refrigerators and Bosch dishwashers, with limestone bathrooms. Most for-sale residences are two-bedrooms, followed by one- and three-bedrooms, with a small number of studios and four-bedrooms. The rental floors below run from studios to three-bedrooms. Because the condominium floors sit on top of the tower, nearly every for-sale residence has open views over Downtown Brooklyn to the harbor, the bridges and Lower Manhattan.
Building operations
Shared costs, split ledgers. The condominium allocates expenses among the rental, residential and commercial sides. It keeps three capital reserves — residential, "80/20" (the rental side's) and commercial — and in 2016 funded them with a special capital assessment of about $324,000 billed to all owners by common interest. The first audited statements, for August–December 2015, disclosed no reserve study and no requirement in the governing documents to build reserves. Staff are members of 32BJ, the building-service workers' union. Ask for the current audited statements; the ones on file are from the building's first year.
Certificate of occupancy. DOB records show the tower still operating under temporary certificates of occupancy, renewed roughly quarterly since February 2014, with renewals recorded as recently as August 2026. Many buildings run on TCOs for years, and lenders generally close on them, but a buyer's attorney should confirm what open items stand between the building and a final certificate, and whether any of them fall on the condominium.
Recorded site obligations. In 2013 the owners recorded an environmental easement in favor of the state Department of Environmental Conservation. That instrument typically accompanies a state brownfield cleanup and carries ongoing site-management duties. Zoning-lot and easement agreements with neighboring owners were recorded in 2015 and 2022. None of this is unusual for a Downtown Brooklyn tower, but the condominium's share of any site-management cost belongs in diligence.
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Leasing by owners
- Not verified
- Pied-à-terre ownership
- PermittedSource: The Roebling Team's building profile
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Own an apartment here? Request an apartment-specific pricing review.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $375 per room a monthMedian of 10 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $1.81 per square foot a monthMedian of 11 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: recent listing records
- Concierge
- YesSource: recent listing records
- Attended lobby
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, residents' lounge, media room, roof deck, laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $176,770/yr
- Per unit / month range
- $0 – $40
- Modeled exposure split equally across 371 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2015–20 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Photographs of 388 Bridge Street
Recent sales
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Aug 28, 2026 | PH46B | 1 BR · 1 BA · 696 sf | $999,999 | $1,437/sf | -4.8% |
| Jun 10, 2026 | 37E | 1 BR · 1 BA · 783 sf | $1,025,000 | $1,309/sf | -2.3% |
| Jan 8, 2026 | PH47A | 3 BR · 2 BA · 1,258 sf | $1,870,000 | $1,486/sf | -1.3% |
| Aug 7, 2025 | PH50D | 3 BR · 2 BA · 1,513 sf | $2,175,000 | $1,438/sf | -5.4% |
| Mar 18, 2025 | 39AB | 3 BR · 3 BA · 1,731 sf | $2,615,000 | $1,511/sf | -1.3% |
| Nov 22, 2024 | 38F | 1 BR · 1 BA · 761 sf | $970,000 | $1,275/sf | -1.5% |
| Oct 30, 2024 | PH52D | 2 BR · 2 BA · 999 sf | $1,330,000 | $1,331/sf | -5.0% |
| May 10, 2024 | 44C | 2 BR · 2 BA · 1,144 sf | $1,520,000 | $1,329/sf | -3.5% |
Market read. Most recent trades (2026 to date) cleared a median $1,316/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 0.0% from the last ask.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-00152-7501; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
Closed rents at 388 Bridge Street, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| Studio | 6 | $3,550 |
| 1 bedroom | 7 | $4,250 |
| 2 bedroom | 7 | $7,300 |
| 3 bedroom | 2 | $10,497 |
22 closed leases, October 2023 to September 2026. Most recent lease September 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at 388 Bridge Street and nearby.
At the recent median sale of $1.45M (6 sales in the past 24 months, since November 10, 2024), a buyer putting 25% down would pay about $62,076 to close, or 4.3% of the price.
- Mansion tax: $14,475
- Mortgage recording tax: $20,898
- Title insurance: $6,514
- Attorneys, lender, building fees, reserves and filings: $20,189
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
Model the July 2027 tax step. Ask for the unit's 2026/27 DOF statement, identify the remaining 421-a exemption, and add it back. That is the tax bill you will actually carry.
Read the governance before the floor plan. Confirm how many board seats the lower-unit owner designates today, which expenses are shared with the rental side, and whether residential owners have a separate vote on residential-only costs.
Ask about the 14 sponsor units. The roll records about ten percent of the residences under the successor sponsor’s name, while the 2017 amendment reported rentals. Obtain current occupancy and ownership figures for lender review, and ask whether those apartments remain leased or are offered for sale.
Get the TCO status in writing. Confirm with the managing agent and your lender that the temporary certificate of occupancy is current and that no open DOB items fall on the residential unit.
Confirm amenity access. Ask whether the gym, sky lounge and terraces are shared with the rental building, and how their costs are split.
What to know if you’re selling
Price on full taxes and say so. Buyers' attorneys will find the 421-a end date. Show a clearly labeled post-2027 estimate with its assessment and tax-rate assumptions; disclosure helps buyers evaluate the change but cannot prevent renegotiation.
Lead with height and views. The for-sale residences occupy the top third of a 53-story tower. The view is the asset, and the floor number sets the price.
Explain the structure plainly. Buyers who have not owned in a mixed-tenure condominium need a one-paragraph explanation of the rental units, the board and the reserves. Supplying it up front shortens diligence.
Comparable buildings
If you're considering 388 Bridge Street, also evaluate:
- 365 Bridge Street (BellTel Lofts) — the landmarked Art Deco telephone tower a block north at Bridge and Willoughby Streets, converted to condominiums
- 138 Willoughby Street (Brooklyn Point) — Extell's 68-story Downtown Brooklyn condominium, with a leasehold structure of its own to understand
- 11 Hoyt Street — Tishman Speyer's 480-unit all-condominium tower, a few blocks south, with no residential abatement
- 10 Nevins Street (The Brooklyn Grove) — 184-unit condominium at Boerum Hill's northern edge, also unabated
- 1 Hanson Place — the Williamsburgh Savings Bank Tower, Brooklyn's tallest building until 2009; the prewar conversion alternative
- 230 Ashland Place (The Forte) — Fort Greene condominium tower whose 421-a has already fully expired, the position this building reaches in 2027
- 138 Pierrepont Street — the Brooklyn Trust Company conversion, sponsored by the same organization
- 100 Jay Street (J Condominium) — DUMBO's first high-rise condominium; the view-tower alternative across the Manhattan Bridge approach
- 85 Jay Street (Front & York) — a 408-residence DUMBO condominium with a full amenity program
More Downtown Brooklyn buildings
- 230 Jay Street — 1950 co-op
- 319 Schermerhorn Street (The Nevins) — 2015 condominium by Isaac & Stern Architects
- 365 Bridge Street (BellTel Lofts) — 1929 condominium by Beyer Blinder Belle
- be@Schermerhorn, 189 Schermerhorn Street — 2007 condominium
- Boulevard East, 53 Boerum Place — 2003 condominium by Stephen B. Jacobs Group
- Bridgeview Tower, 189 Bridge Street — 2006 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Downtown Brooklyn.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 388 Bridge Street?
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646.939.7375 · c.cohen@compass.com