New York City  »  11205  »  Lafayette Ave  »  586 Lafayette Ave

586 Lafayette Avenue, Brooklyn, NY 11205 Property Information

586 Lafayette Avenue, Brooklyn, NY 11205 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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586 Lafayette Avenue, Brooklyn, NY 11205 2
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Address

Primary address 586 Lafayette Avenue
Secondary address 292 Nostrand Ave
Neighborhood Bedford-Stuyvesant
Zip code 11205
Borough Brooklyn
Block & lot 01788-0056

Sales & Tax Overview for 586 Lafayette Avenue, Brooklyn

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

Purchase date 08/12/2004
Purchase price $525,000
Tax class
Estimated property tax $15,618

Lot & Building Information for 586 Lafayette Avenue, Brooklyn

Lot sqft 1,700
Lot dimensions 17 ft x 100 ft
Building class Single or Multiple Dwelling with Stores or Offices (S9)
Building sqft 3,740
Building dimensions 17 ft x 40 ft
Buildings on lot 1
Stories 4
Year built 1931
Year last altered 2005
Construction type
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Zoning & Use for 586 Lafayette Avenue, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 3
Commercial units 3
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 13
Community district 3
Closest police station 0.35 Miles
Closest fire station 0.29 Miles

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

Other Property Data for 586 Lafayette 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 586 Lafayette Avenue, Brooklyn, NY 11205, 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 586 Lafayette Avenue, Brooklyn, NY 11205, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 292 Nostrand Ave, Brooklyn, NY 11205
  • 294-298 Nostrand Ave, Brooklyn, NY 11205

About 586 Lafayette Avenue, Brooklyn

How many square feet does 586 Lafayette Avenue, Brooklyn, NY 11205 have?

This Single or Multiple Dwelling with Stores or Offices (S9) located at 586 Lafayette Avenue, Brooklyn, NY 11205 has a total of 3,740 square feet.

What is the year built & the current market value of 586 Lafayette Avenue, Brooklyn, NY 11205?

586 Lafayette Avenue, Brooklyn, NY 11205 was built in 1931 and has a current tax assessor's market value of $666,000.

How many commercial spaces does this building have?

This building has 3 commercial spaces available for lease.

Ownership Information for 586 Lafayette Avenue, Brooklyn

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Property owner name for 586 Lafayette Avenue, Brooklyn, NY 11205
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Building contacts for 586 Lafayette Avenue, Brooklyn, NY 11205
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 586 Lafayette Avenue, Brooklyn

Create a free account to view the complete sales history for 586 Lafayette Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
08/12/2004 $525,000

Title Documents for 586 Lafayette 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
02/01/2026 - D
04/07/2026 - R
Agreement
(2026040300574001)
02/23/2016 - R UCC3 Termination
(2016012700643001)
02/10/2016 - D
03/02/2016 - R
Termination of Assign of L&R
(2016021000623001)
02/10/2016 - D
03/02/2016 - R
Satisfaction of Mortgage
(2016021000593001)
02/01/2016 - R UCC3 Termination
(2016012700508001)
01/20/2016 - D
02/24/2016 - R
Termination of Assign of L&R
(2016012700423005)
01/20/2016 - D
02/24/2016 - R
Assignment of Leases and Rents
(2016012700423004)
01/20/2016 - D
02/24/2016 - R
Agreement
(2016012700423003)
01/20/2016 - D
02/24/2016 - R
Mortgage
(2016012700423002)
01/20/2016 - D
02/24/2016 - R
Deed
(2016012700423001)
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R: Recorded date
D: Document date

Property Taxes for 586 Lafayette Avenue, Brooklyn

Access detailed property tax data for 586 Lafayette Avenue, Brooklyn, NY 11205. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $14,462
Estimated property tax: $15,618
Tax assessor's market value: $666,000
Assessed value: $299,700

Assessment History for 586 Lafayette Avenue, Brooklyn

Here's the assessment & property tax history for 586 Lafayette 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 $666,000 $299,700 $116,265 12.439% $14,462 $14,462 +7.47%
2024/25 $625,200 $281,340 $107,653 12.5% $13,457 $13,457 -0.02%
2023/24 $521,000 $234,450 $107,653 12.502% $13,459 $13,459 +5.18%
2022/23 $434,000 $195,300 $104,313 12.267% $12,796 $12,796 +8.29%
2021/22 $347,100 $156,195 $96,587 12.235% $11,817 $11,817 +7.71%

Permits for 586 Lafayette Avenue, Brooklyn

The complete history of permits filed for 586 Lafayette 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
02/26/2024 Alteration
05/07/2014 Alteration type 2
09/27/2013 Alteration type 2
07/26/2013 Alteration type 2
07/26/2013 Alteration type 2
06/16/2011 Alteration type 2
06/27/2006 Alteration type 2
06/05/2006 Alteration type 2
09/02/2005 Alteration type 1
12/23/2004 Alteration type 1
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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 Nostrand Ave & Lafayette Ave at SW Corner
Station lines G
Distance (miles) 0.01
View subway map
Bus Routes
Name Nostrand Av/Lafayette Av
Line B44+
Distance (miles) 0.007

Neighbors for 586 Lafayette Avenue, Brooklyn

Here are the neighbors for 586 Lafayette Avenue, Brooklyn, NY 11205.

Address Square feet Purchase date Purchase price
299 Clifton Pl, Brooklyn 5,185 06/11/2014 $440,000
574 Lafayette Ave, Brooklyn 3,333 10/25/2022 $2,700,000
584 Lafayette Ave, Brooklyn 1,768 01/20/2016
582 Lafayette Ave, Brooklyn 2,962 12/08/2016 $1,640,000
578 Lafayette Ave, Brooklyn 2,640 07/29/2015 $1,764,000
572 A Lafayette Ave, Brooklyn 2,001 07/13/2015 $1,275,000
281 Clifton Pl, Brooklyn 7,540 01/15/2014 $2,300,000
576 Lafayette Ave, Brooklyn 1,536 03/11/2003 $361,800
570 Lafayette Ave, Brooklyn 2,536 05/04/2023
568 Lafayette Ave, Brooklyn 6,926 03/05/2020 $6,000,000
572 Lafayette Ave, Brooklyn 2,001 05/30/1997
295 Clifton Pl, Brooklyn 3,520 09/05/2024 $600,000
293 Clifton Pl, Brooklyn 5,086 10/20/2023 $3,200,000
277 Clifton Pl, Brooklyn 2,430 05/13/2003 $160,500
285 Clifton Pl, Brooklyn 7,940 09/13/2016 $575,000
580 Lafayette Ave, Brooklyn 2,460 03/20/2024 $1,361,707
289 Clifton Pl, Brooklyn 2,100 10/07/2025
279 Clifton Pl, Brooklyn 1,890 08/10/2020
297 Clifton Pl, Brooklyn 3,375 06/27/2023 $3,200,000
275 Clifton Pl, Brooklyn 2,020 10/23/1998
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