Kings  »  11206  »  Flushing Ave  »  587 Flushing Ave

587 Flushing Avenue, Brooklyn, NY 11206 - Property report

Also known as: 587 Flushing Ave

Property image for 587 Flushing Avenue, Brooklyn, NY 11206
static Mapbox map

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

2004

Lot sq. ft.

2,500

Sale price

$1,975,000

General information

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Address
Primary address
587 Flushing Avenue
ZIP code
11206
Neighborhood
Williamsburg
Borough
Brooklyn
Block & lot
02264-0050

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
11,340
Building dimensions
25 ft x 60 ft
Buildings on lot
1
Stories
7
Year built
2004
Building material
Sales
Sale date
05/27/2003
Sale price
$1,975,000 - M
Tax
Tax year
2026-2027
Property tax
$66,597
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
10
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 100 ft
Lot sq. ft.
2,500

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
71 /100.  Very Bikeable
School district
14
Community district
1
Closest police station
0.81 Miles
Closest fire station
0.22 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 587 Flushing Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 587 Flushing Avenue, Brooklyn, NY 11206

Sale date Sale price Buyer name Seller name
05/27/2003 $1,975,000 XXXXXXXX XXXXXX XXXXXX XXX XXXX XX XXX XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/10/2020 - R UCC3 Termination
(2020120701036001)
XXXXXXXX XXXXXX XXXXXX XXX XXXXXX XXX
12/09/2020 - R UCC3 Termination
(2020120800174007)
XXXXXXXX XXXXXX XXXXXX XXX XXXXXX XXX
12/09/2020 - R Initial UCC1
(2020120800174005)
XXXXXXXX XXXXXX XXXXXX XXX XXXXXX XXX
12/09/2020 - R
12/01/2020 - D
Partial Release of Mortgage
(2020120800174006)
XXXXXXXXX XXXXXXXXX XXXXXXX XXX XXXXXXXX XXXXXX XXXXXX XXX
12/09/2020 - R
12/01/2020 - D
Assignment, Mortgage
(2020120800174004)
XXXXXXXXX XXXXXXXXX XXXXXXX XXX XXXXXX XXX
12/09/2020 - R
12/01/2020 - D
Agreement
(2020120800174003)
XXXXXXXX XXXXXX XXXXXX XXX XXXXXXXXX XXXXXXXXX XXXXXXX XXX
12/09/2020 - R
12/01/2020 - D
Mortgage
(2020120800174002)
XXXXXXXX XXXXXX XXXXXX XXX XXXXXXXXX XXXXXXXXX XXXXXXX XXX
12/09/2020 - R
12/01/2020 - D
Assignment, Mortgage
(2020120800174001)
XXXXXX XXX XXXXXXXXX XXXXXXXXX XXXXXXX XXX
10/23/2018 - R UCC3 Continuation
(2018101900975001)
XXXXXXXX XXXXXX XXXXXX XXX XXXXXX XXX
03/21/2014 - R UCC3 Termination
(2014031700701007)
XXXXXXXX XXXXXX XXXXXX XXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 587 Flushing Avenue, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$66,597
Municipal exemptions
Recent tax assessments
Market value
$1,714,000
Assessed value
$771,300

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $1,428,000 $642,600 $531,590 12.439% $66,124 $66,124 +1.97%
2024/25 $1,190,000 $535,500 $518,799 12.5% $64,850 $64,850 +7.98%
2023/24 $1,105,000 $497,250 $480,370 12.502% $60,056 $60,056 +36.29%
2022/23 $1,143,000 $514,350 $359,205 12.267% $54,562 $44,064 -12.55%
2021/22 $1,058,000 $476,100 $411,840 12.235% $50,389 $50,389 +0.45%
2020/21 $1,161,000 $522,450 $408,915 12.267% $50,162 $50,162 +0.77%
2019/20 $1,036,000 $466,200 $399,076 12.473% $49,777 $49,777 +6.81%
2018/19 $874,000 $393,300 $369,515 12.612% $46,603 $46,603 +2071.30%
2017/18 $776,000 $349,200 $16,875 12.719% $43,517 $2,146 -1.34%
2016/17 $704,000 $316,800 $16,875 12.892% $40,842 $2,176 +0.07%

Permit information for 587 Flushing Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/03/2009 Alteration type 2
03/03/2009 Alteration type 2
12/24/2007 Alteration type 2
12/24/2007 Alteration type 2
01/30/2007 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/08/2019 Lblvio-low pressure boiler boiler required
01/28/2019 E-elevator elevatorrequired
05/31/2018 Fispnrf-no report and / OR late filing (facade)

*Most recent DOB violations on record for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
Union Ave & Flushing Ave at SW Corner
Station lines
G
Distance (miles)
0.062

Access the detailed traffic volume map for 587 Flushing Avenue, Brooklyn, NY 11206 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 587 Flushing Avenue, Brooklyn, NY 11206?

The development at 587 Flushing Avenue, Brooklyn, NY 11206 was built in 2004.

What is the total square footage of 587 Flushing Avenue, Brooklyn, NY 11206?

587 Flushing Avenue, Brooklyn, NY 11206 has a total of 11,340 square feet.

When was 587 Flushing Avenue, Brooklyn, NY 11206 last sold and what was the sale price?

587 Flushing Avenue, Brooklyn, NY 11206 was last sold on 05/27/2003 for $1,975,000.

What is the assessed value of 587 Flushing Avenue, Brooklyn, NY 11206?

587 Flushing Avenue, Brooklyn, NY 11206 is currently assessed at $771,300.

What are the property taxes for 587 Flushing Avenue, Brooklyn, NY 11206?

The property taxes for 587 Flushing Avenue, Brooklyn, NY 11206 total $66,597.

How many residential units does this building have?

This building has 10 residential unit(s).

Disclaimer

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All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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