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588 5th Avenue, Brooklyn, NY 11215 Property Information

588 5th Avenue, Brooklyn, NY 11215 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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588 5th Avenue, Brooklyn, NY 11215 1
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Address

Primary address 588 5th Avenue
Neighborhood Park Slope
Zip code 11215
Borough Brooklyn
Block & lot 01052-0051

Sales & Tax Overview for 588 5th Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $5,925

Lot & Building Information for 588 5th Avenue, Brooklyn

Lot sqft 1,600
Lot dimensions 20 ft x 80 ft
Property type Primarily Two Family with One Store or Office (S2)
Building sqft 2,700
Building dimensions 20 ft x 45 ft
Buildings on lot 1
Stories 3
Year built 1920
Construction type
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Zoning & Use for 588 5th Avenue, Brooklyn

Zoning
Residential units (DOF) 2
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 7
Closest police station 0.68 Miles
Closest fire station 0.45 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 588 5th Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 588 5th Avenue, Brooklyn, NY 11215, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 588 5th Avenue, Brooklyn, NY 11215, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 588 5th Avenue, Brooklyn

How many square feet does 588 5th Avenue, Brooklyn, NY 11215 have?

This Primarily Two Family with One Store or Office (S2) located at 588 5th Avenue, Brooklyn, NY 11215 has a total of 2,700 square feet.

What is the year built & the current market value of 588 5th Avenue, Brooklyn, NY 11215?

588 5th Avenue, Brooklyn, NY 11215 was built in 1920 and has a current tax assessor's market value of $2,813,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 588 5th Avenue, Brooklyn

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Property owner name for 588 5th Avenue, Brooklyn, NY 11215
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Building contacts for 588 5th Avenue, Brooklyn, NY 11215
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 588 5th Avenue, Brooklyn

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No recorded sales for this property.

Title Documents for 588 5th Avenue, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
05/15/2025 - D
08/08/2025 - R
Life Estate Deed
(2025070700816001)
04/07/1993 - R Satisfaction of Mortgage
(3570001762557)
01/14/1992 - R Satisfaction of Mortgage
(3260001660926)
12/27/1991 - R Mortgage
(3170001657817)
07/14/1989 - R Vacate Order
(3920001468592)
07/07/1989 - R Vacate Order
(3780001466778)
04/27/1989 - D
05/01/1989 - R
Deed
(3170001450517)
08/31/1977 - R Mortgage
(37730094200024)
08/31/1977 - R Deed
(37730094200022)
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R: Recorded date
D: Document date

Property Taxes for 588 5th Avenue, Brooklyn

Access detailed property tax data for 588 5th Avenue, Brooklyn, NY 11215. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $5,311
Estimated property tax: $5,925
Tax assessor's market value: $2,813,000
Assessed value: $168,780
Exemptions granted by city:

Assessment History for 588 5th Avenue, Brooklyn

Here's the assessment & property tax history for 588 5th Avenue, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $2,813,000 $168,780 $26,766 19.843% $5,593 $5,311 -0.64%
2024/25 $2,726,000 $163,560 $26,615 20.085% $5,615 $5,346 +6.57%
2023/24 $2,549,000 $152,940 $24,975 20.085% $5,297 $5,016 +5.45%
2022/23 $2,001,000 $120,060 $23,423 20.309% $5,053 $4,757 +1.64%
2021/22 $1,713,000 $102,780 $23,443 19.963% $4,967 $4,680 +0.72%

Permits for 588 5th Avenue, Brooklyn

The complete history of permits filed for 588 5th Avenue, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
12/21/2001 Alteration type 2
03/27/2001 Alteration type 2
         
         
         
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station 4th Ave & Prospect Ave at NE Corner
Station lines R
Distance (miles) 0.128
View subway map
Bus Routes
Name 5 Av/Prospect Av
Line B63
Distance (miles) 0.031

Neighbors for 588 5th Avenue, Brooklyn

Here are the neighbors for 588 5th Avenue, Brooklyn, NY 11215.

Address Square feet Purchase date Purchase price
225 A Prospect Ave, Brooklyn 2,304 06/19/2025
580 5th Ave, Brooklyn 3,473 01/15/2014 $1,653,000
227 Prospect Ave, Brooklyn 2,304 04/29/2004 $480,000
578 5th Ave, Brooklyn 7,490 04/24/2015 $1,486,000
154 16th St, Brooklyn 1,892 09/30/2022
594 5th Ave, Brooklyn 3,040 10/29/2018
233 Prospect Ave, Brooklyn 2,795 11/04/2004 $800,000
231 Prospect Ave, Brooklyn 1,900 12/15/2020 $1,500,000
229 Prospect Ave, Brooklyn 1,800 09/05/2007
572 5th Ave, Brooklyn 18,900 05/10/2022 $10,275,000
152 16th St, Brooklyn 1,892 09/29/2025 $2,635,500
592 5th Ave, Brooklyn 2,700 07/20/2007 $940,000
586 5th Ave, Brooklyn 3,300 11/18/2024 $3,150,000
570 5th Ave, Brooklyn 3,650 01/18/2022
154 A 16th St, Brooklyn 1,892 12/11/2002 $465,000
596 5th Ave, Brooklyn 3,060 01/29/2026 $1,300,000
590 5th Ave, Brooklyn 2,880 01/28/2022 $1,335,000
225 Prospect Ave, Brooklyn 2,304 02/17/2025
584 5th Ave, Brooklyn 3,400 06/15/2023 $1,900,000
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