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588 Brooklyn Avenue, Brooklyn, NY 11203 Property Information

Also known as: 461 Rutland Rd, Brooklyn, NY 11203

588 Brooklyn Avenue, Brooklyn, NY 11203 Property Information

Also known as: 461 Rutland Rd, Brooklyn, NY 11203

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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588 Brooklyn Avenue, Brooklyn, NY 11203 2
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Address

Primary address 588 Brooklyn Avenue
Secondary address 461 Rutland Rd
Neighborhood Wingate
Zip code 11203
Borough Brooklyn
Block & lot 04802-0031

Sales & Tax Overview for 588 Brooklyn Avenue, Brooklyn

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

Purchase date 02/13/2017
Purchase price $2,100,000
Tax class

Lot & Building Information for 588 Brooklyn Avenue, Brooklyn

Lot sq. ft. 3,518
Lot dimensions 39.08 ft x 90 ft
Property type Predominant Retail with Other Uses (K4)
Building sqft 5,443
Building dimensions 38 ft x 70 ft
Buildings on lot 2
Stories 2
Year built 1931
Construction type
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Zoning & Use for 588 Brooklyn Avenue, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 1
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 17
Community district 9
Closest police station 0.30 Miles
Closest fire station 0.38 Miles

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

Other Property Data for 588 Brooklyn 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 588 Brooklyn Avenue, Brooklyn, NY 11203, 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 588 Brooklyn Avenue, Brooklyn, NY 11203, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 461 Rutland Rd, Brooklyn, NY 11203

About 588 Brooklyn Avenue, Brooklyn

How many sq. ft. does 588 Brooklyn Avenue, Brooklyn, NY 11203 have & what is the price per sq. ft?

This Predominant Retail with Other Uses (K4) located at 588 Brooklyn Avenue, Brooklyn, NY 11203 has a total of 5,443 square feet and a current price per square foot of $385.

What is the year built & the current market value of 588 Brooklyn Avenue, Brooklyn, NY 11203?

588 Brooklyn Avenue, Brooklyn, NY 11203 was built in 1931 and has a current tax assessor's market value of $851,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 588 Brooklyn Avenue, Brooklyn

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Property owner name for 588 Brooklyn Avenue, Brooklyn, NY 11203
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Building contacts for 588 Brooklyn Avenue, Brooklyn, NY 11203
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 588 Brooklyn Avenue, Brooklyn

Create a free account to view the complete sales history for 588 Brooklyn Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
02/13/2017 $2,100,000

Title Documents for 588 Brooklyn 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
02/02/2022 - R UCC3 Continuation
(2022020101514001)
05/02/2017 - D
06/05/2017 - R
Discharge of Tax Lien
(2017053001133001)
02/27/2017 - R Initial UCC1
(2017022301100001)
02/13/2017 - D
05/25/2017 - R
Sundry Miscellaneous
(2017052301096001)
02/13/2017 - D
02/27/2017 - R
Assignment of Leases and Rents
(2017022300983003)
02/13/2017 - D
02/27/2017 - R
Mortgage
(2017022300983002)
02/13/2017 - D
02/27/2017 - R
Deed
(2017022300983001)
12/23/2016 - D
12/28/2016 - R
Satisfaction of Mortgage
(2016122300572001)
08/03/2016 - D
08/24/2016 - R
Tax Lien Sale Certificate
(2016082301240001)
11/05/2014 - D
12/16/2014 - R
Satisfaction of Mortgage
(2014120801315001)
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R: Recorded date
D: Document date

Property Taxes for 588 Brooklyn Avenue, Brooklyn

Access detailed property tax data for 588 Brooklyn Avenue, Brooklyn, NY 11203. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $0
Tax assessor's market value: $851,000
Assessed value: $382,950
Exemptions granted by city:

Assessment History for 588 Brooklyn Avenue, Brooklyn

Here's the assessment & property tax history for 588 Brooklyn 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 $851,000 $382,950 $0 10.848% $39,017 $0 n/a
2024/25 $820,000 $369,000 $0 10.762% $39,443 $0 n/a
2023/24 $703,000 $316,350 $0 10.592% $33,498 $0 n/a
2022/23 $672,000 $302,400 $0 10.646% $32,194 $0 n/a
2021/22 $598,000 $269,100 $0 10.755% $28,942 $0 n/a

Permits for 588 Brooklyn Avenue, Brooklyn

The complete history of permits filed for 588 Brooklyn 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
07/01/2021 Alteration
06/28/2019 Alteration type 1
08/23/2018 Alteration
12/18/2001 Alteration type 1
04/09/2001 Alteration type 1
10/01/1999 Alteration type 2
05/21/1999 Alteration type 1
11/15/1996 Alteration type 2
10/09/1996 Alteration type 2
04/23/1996 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 & Winthrop St at NE Corner
Station lines 2-5
Distance (miles) 0.299
View subway map
Bus Routes
Name New York Av/Midwood St
Line B44
Distance (miles) 0.108

Neighbors for 588 Brooklyn Avenue, Brooklyn

Here are the neighbors for 588 Brooklyn Avenue, Brooklyn, NY 11203.

Address Square feet Purchase date Purchase price
458 Midwood St, Brooklyn 1,400 04/01/1991
430 Midwood St, Brooklyn 1,840 09/25/2023
580 Brooklyn Ave, Brooklyn 2,442 03/24/2014
437 Rutland Rd, Brooklyn 4,390 10/19/2017 $430,000
431 Rutland Rd, Brooklyn 1,940 05/20/2025
454 Midwood St, Brooklyn 3,639 02/12/2002
444 Midwood St, Brooklyn 1,600 08/17/2023
428 Midwood St, Brooklyn 1,241 11/08/2007
455 Rutland Rd, Brooklyn 3,627 11/07/2002
447 Rutland Rd, Brooklyn 1,094 07/09/2010 $235,000
439 Rutland Rd, Brooklyn 1,600 05/25/2001
449 Rutland Rd, Brooklyn 3,621 07/01/2002
451 Rutland Rd, Brooklyn 3,639 02/28/2002
440 Midwood St, Brooklyn 3,240 01/20/2025
434 Midwood St, Brooklyn 1,280 07/29/1974
435 Rutland Rd, Brooklyn 624 01/07/1998
429 Rutland Rd, Brooklyn 1,660 05/09/2023
425 Rutland Rd, Brooklyn 2,178 11/05/2019 $660,000
432 Midwood St, Brooklyn 450 02/04/1997
445 Rutland Rd, Brooklyn 1,044 03/17/2020 $770,000
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