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587 5th Avenue, Brooklyn, NY 11215 Property Information

587 5th Avenue, Brooklyn, NY 11215 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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587 5th Avenue, Brooklyn, NY 11215 1
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Address

Primary address 587 5th Avenue
Neighborhood Park Slope
Zip code 11215
Borough Brooklyn
Block & lot 01053-0009

Sales & Tax Overview for 587 5th Avenue, Brooklyn

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Tax class
Estimated property tax $5,174

Lot & Building Information for 587 5th Avenue, Brooklyn

Lot sqft 1,622
Lot dimensions 16.67 ft x 97.33 ft
Building class Primarily Two Family with One Store or Office (S2)
Building sqft 2,419
Building dimensions 16.67 ft x 35 ft
Buildings on lot 1
Stories 3
Year built 1920
Construction type
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Zoning & Use for 587 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 0.70 Miles
Closest fire station 0.42 Miles

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

Other Property Data for 587 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 587 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 587 5th Avenue, Brooklyn, NY 11215, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 587 5th Avenue, Brooklyn

How many square feet does 587 5th Avenue, Brooklyn, NY 11215 have?

This Primarily Two Family with One Store or Office (S2) located at 587 5th Avenue, Brooklyn, NY 11215 has a total of 2,419 square feet.

What is the year built & the current market value of 587 5th Avenue, Brooklyn, NY 11215?

587 5th Avenue, Brooklyn, NY 11215 was built in 1920 and has a current tax assessor's market value of $2,723,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 587 5th Avenue, Brooklyn

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Property owner name for 587 5th Avenue, Brooklyn, NY 11215
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Building contacts for 587 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 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 587 5th Avenue, Brooklyn

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No recorded sales for this property.

Title Documents for 587 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
11/27/2001 - D
06/25/2002 - R
Deed
(3050008737405)
02/07/1994 - D
03/16/1994 - R
Deed
(3560004196056)
03/11/1982 - D
03/12/1982 - R
Deed
(3830000903183)
07/09/1980 - D
07/09/1980 - R
Mortgage
(38030117101587)
07/09/1980 - D
07/09/1980 - R
Deed
(38030117101585)
07/09/1980 - R Power of Attorney
(38030117101583)
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R: Recorded date
D: Document date

Property Taxes for 587 5th Avenue, Brooklyn

Access detailed property tax data for 587 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: $4,882
Estimated property tax: $5,174
Tax assessor's market value: $2,723,000
Assessed value: $163,380

Assessment History for 587 5th Avenue, Brooklyn

Here's the assessment & property tax history for 587 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 $2,723,000 $163,380 $24,602 19.843% $4,882 $4,882 -1.20%
2024/25 $2,812,000 $168,720 $24,602 20.085% $4,941 $4,941 +1.98%
2023/24 $2,485,000 $149,100 $24,125 20.085% $4,846 $4,846 +4.23%
2022/23 $1,951,000 $117,060 $22,891 20.309% $4,649 $4,649 +7.17%
2021/22 $1,670,000 $100,200 $21,731 19.963% $4,338 $4,338 +0.54%

Permits for 587 5th Avenue, Brooklyn

The complete history of permits filed for 587 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
11/14/2017 Alteration type 2
05/18/2010 Alteration type 2
05/08/2001 Alteration type 2
08/21/2000 Alteration type 2
08/21/2000 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) 0.161
View subway map
Bus Routes
Name 5 Av/Prospect Av
Line B63
Distance (miles) 0.045

Neighbors for 587 5th Avenue, Brooklyn

Here are the neighbors for 587 5th Avenue, Brooklyn, NY 11215.

Address Square feet Purchase date Purchase price
194 16th St, Brooklyn 2,030 09/27/2016 $1,100,000
591 5th Ave, Brooklyn 9,938 06/06/2025 $6,300,000
579 5th Ave, Brooklyn 2,346 10/27/2010
599 5th Ave, Brooklyn 3,600 11/19/2001
247 Prospect Ave, Brooklyn 12,227 02/22/1999
199 Prospect Ave, Brooklyn 3,375 11/01/2012 $700,000
585 5th Ave, Brooklyn 3,137 10/26/2021 $1,500,000
184 16th St, Brooklyn 2,972 02/28/2022 $2,680,000
593 5th Ave, Brooklyn 2,193 05/24/1993
595 5th Ave, Brooklyn 4,072 09/24/2024
577 5th Ave, Brooklyn 7,199 07/16/2003 $1,125,000
197 Prospect Ave, Brooklyn 3,375 04/14/2022 $800,000
188 16th St, Brooklyn 245,091 09/23/2024
581 5th Ave, Brooklyn 14,083 09/26/2000
192 16th St, Brooklyn 1,488 12/23/2020 $2,100,000
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