Kings  »  11221  »  Knickerbocker Ave  »  589 Knickerbocker Ave

589 Knickerbocker Avenue, Brooklyn, NY 11221 - Property report

Also known as: 589 Knickerbocker Ave

Property image for 589 Knickerbocker Avenue, Brooklyn, NY 11221
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1931

Lot sq. ft.

2,500

Sale price

$3,350,000 - M

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
589 Knickerbocker Avenue
Alternate address(es)
279-281 Palmetto St
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03344-0001

Owner

Find out who owns 589 Knickerbocker Avenue, Brooklyn, NY 11221. Uncover corporate and individual owners with a free account.

Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
9,996
Building dimensions
25 ft x 100 ft
Buildings on lot
1
Stories
4
Year built
1931
Last altered
2023
Building material
Sales
Sale date
12/01/2022
Sale price
$3,350,000 - M
Tax
Tax year
2026-2027
Property tax
$10,511
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
92 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
School district
32
Community district
4
Closest police station
0.19 Miles
Closest fire station
0.02 Miles

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

Ownership

Ownership information for 589 Knickerbocker Avenue, Brooklyn, NY

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

Sales history for 589 Knickerbocker Avenue, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
12/01/2022 $3,350,000 XXX XXXXXXXXXXXXX XXXXXXXX XXX XXX XXX XXXXXXXXXXXXX XXX X X X.X XXXXXX 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
05/23/2025 - R UCC3 Assignment
(2025052200324003)		 XXXXXX XXXXXXXXXXXXX XXX XXXXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
05/23/2025 - R
12/31/2024 - D		 Asgn of Asgn of L&R
(2025052200324002)		 XXXX XXXX XXXXXX XXXXXXX XXX XXXXXXXXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
05/23/2025 - R
12/31/2024 - D		 Assignment, Mortgage
(2025052200324001)		 XXXX XXXX XXXXXX XXXXXXX XXX XXXXXXXXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
12/05/2024 - R Initial UCC1
(2024112800002010)		 XXXXXX XXXXXXXXXXXXX XXX XXXXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
12/05/2024 - R UCC3 Termination
(2024112800002006)		 XXX XXXXXXXXXXXXX XXXXXXXX XXX XX XX XXXX XXXXXX XXXXXX XX XXXXX
02/06/2025 - R
11/26/2024 - D		 Sundry Miscellaneous
(2025013000029001)		 XXX XXXXXXXXXXXXX XXXXXXXX XXX
12/05/2024 - R
11/26/2024 - D		 Assignment of Leases and Rents
(2024112800002009)		 XXXXXX XXXXXXXXXXXXX XXX XXXXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
12/05/2024 - R
11/26/2024 - D		 Agreement
(2024112800002008)		 XXXXXX XXXXXXXXXXXXX XXX XXXXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
12/05/2024 - R
11/26/2024 - D		 Mortgage
(2024112800002007)		 XXXXXX XXXXXXXXXXXXX XXX XXXXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
12/05/2024 - R
11/26/2024 - D		 Termination of Assign of L&R
(2024112800002005)		 XX XX XXXX XXXXXX XXXXXX XX XXXXX XXX XXXXXXXXXXXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 589 Knickerbocker 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
$10,511
Municipal exemptions
Recent tax assessments
Market value
$2,527,000
Assessed value
$1,137,150

More about New York City property taxes

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 $2,232,000 $1,004,400 $78,240 12.439% $9,732 $9,732 +92.25%
2024/25 $2,111,000 $949,950 $40,498 12.5% $5,062 $5,062 -32.79%
2023/24 $1,960,000 $117,600 $37,498 20.085% $7,531 $7,531 +0.05%
2022/23 $1,883,000 $112,980 $37,066 20.309% $7,528 $7,528 +5.39%
2021/22 $1,744,000 $104,640 $35,782 19.963% $7,143 $7,143 +0.54%
2020/21 $1,332,000 $79,920 $33,758 21.045% $7,104 $7,104 +5.38%
2019/20 $1,158,000 $69,480 $31,849 21.167% $6,741 $6,741 +3.13%
2018/19 $965,000 $57,900 $31,248 20.919% $6,537 $6,537 +3.82%
2017/18 $900,000 $54,000 $30,888 20.385% $6,297 $6,297 +5.63%
2016/17 $750,000 $45,000 $29,818 19.991% $5,961 $5,961 +8.36%
Permits

Permit information for 589 Knickerbocker Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/13/2024 Alteration CO
06/11/2024 Alteration CO
05/08/2024 Alteration
05/02/2024 Alteration CO
02/01/2024 Alteration CO

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Palmetto St & Wycoff Ave at NW Corner
Station lines
L-M
Distance (miles)
0.262
View subway map

Access the detailed traffic volume map for 589 Knickerbocker Avenue, Brooklyn, NY 11221 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

Neighbors for 589 Knickerbocker Avenue, Brooklyn, NY

582 Knickerbocker Ave, Brooklyn 1440 Gates Ave, Brooklyn 193 Palmetto St, Brooklyn 579 Knickerbocker Ave, Brooklyn 577 Knickerbocker Ave, Brooklyn 1436 Gates Ave, Brooklyn 1448 Gates Ave, Brooklyn 1434 Gates Ave, Brooklyn 1444 Gates Ave, Brooklyn 183 Palmetto St, Brooklyn 187 Palmetto St, Brooklyn 189 Palmetto St, Brooklyn 191 Palmetto St, Brooklyn 1430 Gates Ave, Brooklyn 1446 Gates Ave, Brooklyn 1450 Gates Ave, Brooklyn 177 Palmetto St, Brooklyn 181 Palmetto St, Brooklyn 235 Palmetto St, Brooklyn 179 Palmetto St, Brooklyn

Nearby ZIP codes for 589 Knickerbocker Avenue, Brooklyn, NY

11101, New York City, NY 11104, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11207, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11222, New York City, NY 11225, New York City, NY 11226, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY 11378, New York City, NY 11379, New York City, NY 11385, New York City, NY

Frequently asked questions

What is the year built for 589 Knickerbocker Avenue, Brooklyn, NY 11221?

The development at 589 Knickerbocker Avenue, Brooklyn, NY 11221 was built in 1931.

What is the total square footage of 589 Knickerbocker Avenue, Brooklyn, NY 11221?

589 Knickerbocker Avenue, Brooklyn, NY 11221 has a total of 9,996 square feet.

When was 589 Knickerbocker Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

589 Knickerbocker Avenue, Brooklyn, NY 11221 was last sold on 12/01/2022 for $3,350,000 - M.

What is the assessed value of 589 Knickerbocker Avenue, Brooklyn, NY 11221?

589 Knickerbocker Avenue, Brooklyn, NY 11221 is currently assessed at $1,137,150.

What are the property taxes for 589 Knickerbocker Avenue, Brooklyn, NY 11221?

The property taxes for 589 Knickerbocker Avenue, Brooklyn, NY 11221 total $10,510.

How many residential units does this building have?

This building has 10 residential unit(s).

Disclaimer

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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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