| Primary address | 589 Prospect Avenue |
| Secondary address | 589-595 Prospect Ave |
| Neighborhood | Windsor Terrace |
| Zip code | 11215 |
| Borough | Brooklyn |
| Block & lot | 01116-0043 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $547,032 |
| Lot sqft | 39,000 |
| Lot dimensions | |
| Building class | One Story Retail Building (K1) |
| Building sqft | 15,842 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 1 |
| Year built | 1957 |
| Year last altered | 2013 |
| Construction type | Register |
| School district | 15 |
| Community district | 7 |
| Closest police station | 1.19 Miles |
| Closest fire station | 0.36 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
This One Story Retail Building (K1) located at 589 Prospect Avenue, Brooklyn, NY 11215 has a total of 15,842 square feet.
What is the year built & the current market value of 589 Prospect Avenue, Brooklyn, NY 11215?589 Prospect Avenue, Brooklyn, NY 11215 was built in 1957 and has a current tax assessor's market value of $11,180,000.
How many commercial spaces does this building have?This building has 2 commercial spaces available for lease.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 589 Prospect Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 589 Prospect 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: | $545,763 |
| Estimated property tax: | $547,032 |
| Tax assessor's market value: | $11,180,000 |
| Assessed value: | $5,031,000 |
Here's the assessment & property tax history for 589 Prospect 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 | $11,180,000 | $5,031,000 | $5,031,000 | 10.848% | $545,763 | $545,763 | -10.95% |
| 2024/25 | $12,892,000 | $5,801,400 | $5,694,937 | 10.762% | $612,889 | $612,889 | -8.43% |
| 2023/24 | $19,661,000 | $8,847,450 | $6,318,805 | 10.592% | $669,288 | $669,288 | -0.20% |
| 2022/23 | $18,803,000 | $8,461,350 | $6,299,330 | 10.646% | $670,627 | $670,627 | +7.83% |
| 2021/22 | $15,585,000 | $7,013,250 | $5,782,860 | 10.755% | $621,947 | $621,947 | +21.88% |
The complete history of permits filed for 589 Prospect 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.
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.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | Howard Pl & Windsor Pl at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.228 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Prospect Pk SW/11 Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B68 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.189 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 589 Prospect Avenue, Brooklyn, NY 11215.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 565 Prospect Ave, Brooklyn | 3,000 | 12/07/2021 | |
| 561 Prospect Ave, Brooklyn | 2,620 | 11/20/2014 | $1,665,000 |
| 571 Prospect Ave, Brooklyn | 2,750 | 10/26/2020 | $1,700,000 |
| 573 Prospect Ave, Brooklyn | 2,750 | 03/05/2018 | |
| 66 Sherman St, Brooklyn | 2,783 | 10/03/1997 | |
| 581 Prospect Ave, Brooklyn | 3,250 | 07/13/2009 | |
| 577 Prospect Ave, Brooklyn | 18,105 | 09/27/2002 | |
| 559 Prospect Ave, Brooklyn | 2,620 | 02/03/2015 | $1,500,000 |
| 64 Sherman St, Brooklyn | 2,783 | 01/11/2007 | $1,070,000 |
| 62 Sherman St, Brooklyn | 2,783 | 12/13/2020 | |
| 56 Sherman St, Brooklyn | 2,783 | 01/12/2021 | $2,300,000 |
| 68 Sherman St, Brooklyn | 2,783 | 07/21/1994 | |
| 58 Sherman St, Brooklyn | 2,783 | 07/29/1999 | |
| 54 Sherman St, Brooklyn | 2,783 | 03/04/1968 | |
| 575 Prospect Ave, Brooklyn | 2,750 | 11/18/2004 | |
| 555 Prospect Ave, Brooklyn | 3,060 | 10/29/2007 | |
| 563 Prospect Ave, Brooklyn | 2,620 | 07/03/2019 | $2,050,000 |
| 70 Sherman St, Brooklyn | 3,164 | 04/30/2013 | |
| 60 Sherman St, Brooklyn | 2,783 | 12/11/2017 | $2,450,000 |
| 52 Sherman St, Brooklyn | 2,783 | 03/04/1992 |
