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586 East 3rd Street, Brooklyn, NY 11218 Property Information

586 East 3rd Street, Brooklyn, NY 11218 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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586 East 3rd Street, Brooklyn, NY 11218 1
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Address

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

Sales & Tax Overview for 586 East 3rd Street, Brooklyn

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

Tax class
Estimated property tax $7,544

Lot & Building Information for 586 East 3rd Street, Brooklyn

Lot sqft 1,600
Lot dimensions 20 ft x 80 ft
Building class Two Family Frame (B2) i
Building sqft 1,992
Building dimensions 20 ft x 50 ft
Buildings on lot 1
Stories 2
Structure type Old style
Building material Frame
Exterior wall Composition
Basement type Full
Year built 1910
Frontage(s) East 3 Street (narrow)
Nearest wide street Cortelyou Road
Distance to wide street
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Zoning & Use for 586 East 3rd Street, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 12
Closest police station 0.53 Miles
Closest fire station 0.53 Miles

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

Other Property Data for 586 East 3rd Street, Brooklyn

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Floor area ratio (FAR) for 586 East 3rd Street, Brooklyn, NY 11218, 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 East 3rd Street, Brooklyn, NY 11218, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 586 East 3rd Street, Brooklyn

What is the year built & the total sq. ft. for 586 East 3rd Street, Brooklyn, NY 11218?

586 East 3rd Street, Brooklyn, NY 11218 was built in 1910 and has a total of 1,992 square feet.

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

Assessed at $76,320, the tax amount paid for 586 East 3rd Street, Brooklyn, NY 11218 is $7,117. For the next year, the tax amount for 586 East 3rd Street, Brooklyn, NY 11218 is estimated at $7,544.

When was 586 East 3rd Street, Brooklyn, NY 11218 last sold?

586 East 3rd Street, Brooklyn, NY 11218 was last sold in 12/11/1997.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 586 East 3rd Street, Brooklyn

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Property owner name for 586 East 3rd Street, Brooklyn, NY 11218
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Building contacts for 586 East 3rd Street, Brooklyn, NY 11218
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 586 East 3rd Street, Brooklyn

Create a free account to view the complete sales history for 586 East 3rd Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 586 East 3rd Street, 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
09/22/2022 - D
09/26/2022 - R
Satisfaction of Mortgage
(2022092300122001)
03/20/2018 - D
04/16/2018 - R
Life Estate Deed
(2018041200485001)
06/07/2002 - R Assignment, Mortgage
(3290008704529)
06/07/2002 - R Agreement
(3250008704525)
06/07/2002 - R Power of Attorney
(3180008704518)
06/07/2002 - R Mortgage
(3170008704017)
05/13/1998 - R Satisfaction of Mortgage
(3820006067782)
02/10/1998 - R Mortgage
(3620005933262)
12/11/1997 - D
02/10/1998 - R
Deed
(3810005933881)
04/19/1994 - R Satisfaction of Mortgage
(3220004240822)
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R: Recorded date
D: Document date

Property Taxes for 586 East 3rd Street, Brooklyn

Access detailed property tax data for 586 East 3rd Street, Brooklyn, NY 11218. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $7,117
Estimated property tax: $7,544
Tax assessor's market value: $1,272,000
Assessed value: $76,320

Assessment History for 586 East 3rd Street, Brooklyn

Here's the assessment & property tax history for 586 East 3rd Street, 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 $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%

Permits for 586 East 3rd Street, Brooklyn

The complete history of permits filed for 586 East 3rd Street, 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.

No recorded permits for this property.

Kensington Residential Market Stats

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

Median Sale Price
$538,380
7.7% YoY
Median Price/Sqft
$740
28.4% YoY
Brooklyn Median Sale Price
$839,000
6.2% 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 McDonald Ave & Cortelyou Rd at SE Corner
Station lines F
Distance (miles) 0.104
View subway map
Bus Routes
Name MC Donald Av/Cortelyou Rd
Line B69
Distance (miles) 0.122

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 586 East 3rd Street, Brooklyn

Here are the neighbors for 586 East 3rd Street, Brooklyn, NY 11218.

Address Square feet Purchase date Purchase price
598 E 3rd St, Brooklyn 2,748 09/07/2018 $1,450,000
212 Cortelyou Rd, Brooklyn 1,848 08/02/2002
606 E 3rd St, Brooklyn 3,060 09/26/2002
705 McDonald Ave, Brooklyn 16,452 11/19/2019 $7,000,000
590 E 3rd St, Brooklyn 1,880 06/04/2012 $437,000
604 E 3rd St, Brooklyn 2,310 07/30/2024 $2,050,000
210 Cortelyou Rd, Brooklyn 3,000 01/24/1979
689 MC Donald Ave, Brooklyn 7,500 01/06/2016 $6,919,004
206 Cortelyou Rd, Brooklyn 4,110 01/11/1985
697 MC Donald Ave, Brooklyn 8,976 01/06/2016 $2,080,996
594 E 3rd St, Brooklyn 1,854 08/16/2023
204 Cortelyou Rd, Brooklyn 2,980 01/05/1977
220 Cortelyou Rd, Brooklyn 3,200 11/08/2004
214 Cortelyou Rd, Brooklyn 2,700 07/16/2024 $1,100,000
681-687 McDonald Ave, Brooklyn 25,975 01/06/2016 $6,919,004
592 E 3rd St, Brooklyn 1,896 09/14/2022
602 E 3rd St, Brooklyn 2,310 02/06/2008 $592,750
612 E 3rd St, Brooklyn 2,283 04/02/1997
588 E 3rd St, Brooklyn 1,848 08/15/2013
610 E 3rd St, Brooklyn 2,538 01/25/2023 $190,000
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