New York City  »  11218  »  E 3rd St  »  586 E 3rd St

586 East 3rd Street, Brooklyn, NY 11218 - Property report

Also known as: 586 E 3rd St

Property image for 586 East 3rd Street, Brooklyn, NY 11218
static Mapbox map

Property type

Two Family Frame (B2)

Year built

1910

Lot sq. ft.

1,600

General information

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Address
Primary address
586 East 3rd Street
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05386-0008

Owner

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Building
Property type
Two Family Frame (B2)
Building sq. ft.
1,992
Building dimensions
20 ft x 50 ft
Buildings on lot
1
Stories
2
Year built
1910
Building material
Frame
Exterior wall
Composition
Basement
4
Tax
Tax year
2026-2027
Property tax
$7,545
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 3 Street (narrow)
Nearest wide street
Cortelyou Road
Distance to wide street
Lot dimensions
20 ft x 80 ft
Lot sq. ft.
1,600

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
97 /100.  Rider's Paradise
Bike score
79 /100.  Very Bikeable
School district
20
Community district
12
Closest police station
0.53 Miles
Closest fire station
0.53 Miles

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

Ownership

Ownership information for 586 East 3rd Street, Brooklyn, NY

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

Sales history for 586 East 3rd Street, Brooklyn, NY 11218

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/26/2022 - R
09/22/2022 - D		 Satisfaction of Mortgage
(2022092300122001)		 XXXXX XXXXXX XXXXXXXX
04/16/2018 - R
03/20/2018 - D		 Life Estate Deed
(2018041200485001)		 XXXXX XXXXXX XXXXX XXXXXX
06/07/2002 - R Assignment, Mortgage
(3290008704529)		 XXXXXXXXXXXX XXX XXXXXXXX XXXXX XXXX
06/07/2002 - R Agreement
(3250008704525)		 XXXXX XXXXX XXXXXXXX XXXXX XXXX
06/07/2002 - R Power of Attorney
(3180008704518)		 XXXXX XXXXX
06/07/2002 - R Mortgage
(3170008704017)		 XXXXX XXXXXX XXXXXXXX XXXXX XXXX
05/13/1998 - R Satisfaction of Mortgage
(3820006067782)		 XXXXX XXXXXXX XXXXX XXXXX XXXXXXXXXXX
02/10/1998 - R Mortgage
(3620005933262)		 XXXXX XXXXXX XXXXXXXX XX
02/10/1998 - R
12/11/1997 - D		 Deed
(3810005933881)		 XXXXX XXXXXXX XXXXX XXXXXX
04/19/1994 - R Satisfaction of Mortgage
(3220004240822)		 XXXXX XXXXXXX XXXXXX XXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 586 East 3rd Street, 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
$7,545
Municipal exemptions
Recent tax assessments
Market value
$1,672,000
Assessed value
$100,320

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 $1,272,000 $76,320 $35,869 19.843% $7,117 $7,117 +4.72%
2024/25 $1,389,000 $83,340 $33,840 20.085% $6,797 $6,797 0.00%
2023/24 $1,291,000 $77,460 $33,840 20.085% $6,797 $6,797 +4.43%
2022/23 $1,025,000 $61,500 $32,048 20.309% $6,509 $6,509 +2.90%
2021/22 $1,059,000 $63,540 $31,684 19.963% $6,325 $6,325 +0.55%
2020/21 $1,284,000 $77,040 $29,891 21.045% $6,291 $6,291 +5.39%
2019/20 $1,021,000 $61,260 $28,200 21.167% $5,969 $5,969 +1.19%
2018/19 $705,000 $42,300 $28,200 20.919% $5,899 $5,899 +8.36%
2017/18 $733,000 $43,980 $26,707 20.385% $5,444 $5,444 +3.14%
2016/17 $682,000 $40,920 $26,403 19.991% $5,278 $5,278 +8.37%
Permits

Permit information for 586 East 3rd Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Kensington, Ocean Parkway residential market stats

Access a detailed real estate market overview of Kensington, Ocean Parkway so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Kensington, Ocean Parkway and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% Y-o-Y

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
McDonald Ave & Cortelyou Rd at SE Corner
Station lines
F
Distance (miles)
0.104
View subway map

Access the detailed traffic volume map for 586 East 3rd Street, Brooklyn, NY 11218 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.16
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.16
Bnos Yerushalayim School NR No Private PK-12 1,156 0.18
Bnos Yerushalayim School NR No Private PK-12 1,156 0.18
Yeshiva Derech Chaim NR No Private 0 0.20
Yeshiva Chatzar Hakodesh Sanz NR No Private K-8 0 0.23
Gan Yisroel NR No Private PK, K-8 0 0.28
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 223 The Montauk 6 Yes Public 6-8 702 0.36
Bnos Yerushalayim School NR No Private PK-12 1,156 0.18
Yeshiva Derech Chaim NR No Private 0 0.20
Yeshiva Chatzar Hakodesh Sanz NR No Private K-8 0 0.23
Gan Yisroel NR No Private PK, K-8 0 0.28
Jhs 62 Ditmas 7 No Public 6-8 900 0.28
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.28
Urban Assembly School for Leadership and Empowerment 7 No Public 6-12 495 0.36
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Bnos Yerushalayim School NR No Private PK-12 1,156 0.18
Yeshiva Derech Chaim NR No Private 0 0.20
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.28
Yeshiva Shaarei Yosher NR No Private 9-12 101 0.30
Yeshiva Machzikei Hadas NR No Private PK, K-12 1,028 0.31
Urban Assembly School for Leadership and Empowerment 7 No Public 6-12 495 0.36

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 586 East 3rd Street, Brooklyn, NY

598 E 3rd St, Brooklyn 212 Cortelyou Rd, Brooklyn 606 E 3rd St, Brooklyn 705 McDonald Ave, Brooklyn 590 E 3rd St, Brooklyn 604 E 3rd St, Brooklyn 210 Cortelyou Rd, Brooklyn 689 MC Donald Ave, Brooklyn 206 Cortelyou Rd, Brooklyn 697 MC Donald Ave, Brooklyn 594 E 3rd St, Brooklyn 204 Cortelyou Rd, Brooklyn 220 Cortelyou Rd, Brooklyn 214 Cortelyou Rd, Brooklyn 681-687 McDonald Ave, Brooklyn 592 E 3rd St, Brooklyn 602 E 3rd St, Brooklyn 612 E 3rd St, Brooklyn 588 E 3rd St, Brooklyn 610 E 3rd St, Brooklyn

Nearby ZIP codes for 586 East 3rd Street, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11204, New York City, NY 11205, New York City, NY 11210, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 586 East 3rd Street, Brooklyn, NY 11218?

The development at 586 East 3rd Street, Brooklyn, NY 11218 was built in 1910.

What is the total square footage of 586 East 3rd Street, Brooklyn, NY 11218?

586 East 3rd Street, Brooklyn, NY 11218 has a total of 1,992 square feet.

What is the assessed value of 586 East 3rd Street, Brooklyn, NY 11218?

586 East 3rd Street, Brooklyn, NY 11218 is currently assessed at $100,320.

What are the property taxes for 586 East 3rd Street, Brooklyn, NY 11218?

The property taxes for 586 East 3rd Street, Brooklyn, NY 11218 total $7,544.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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