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

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

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

Primary address 588 East 3rd Street
Neighborhood Kensington
Zip code 11218
Borough Brooklyn
Block & lot 05386-0009

Sales & Tax Overview for 588 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

Lot & Building Information for 588 East 3rd Street, Brooklyn

Lot sq. ft. 1,600
Lot dimensions 20 ft x 80 ft
Property type Two Family Frame (B2)
Building sqft 1,848
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 East 3 Street (narrow)
Nearest wide street Cortelyou Road
Distance to wide street
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Zoning & Use for 588 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 588 East 3rd Street, 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 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 588 East 3rd Street, Brooklyn, NY 11218, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 588 East 3rd Street, Brooklyn

What is the year built & the total sq. ft. for 588 East 3rd Street, Brooklyn, NY 11218?

588 East 3rd Street, Brooklyn, NY 11218 was built in 1910 and has a total of 1,848 square feet.

What is the assessed value of 588 East 3rd Street, Brooklyn, NY 11218 and the property tax paid?

Assessed at $101,760, the tax amount paid for 588 East 3rd Street, Brooklyn, NY 11218 is $7,366.

When was 588 East 3rd Street, Brooklyn, NY 11218 last sold?

588 East 3rd Street, Brooklyn, NY 11218 was last sold in 08/15/2013.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 588 East 3rd Street, Brooklyn

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Property owner name for 588 East 3rd Street, Brooklyn, NY 11218
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Building contacts for 588 East 3rd Street, Brooklyn, NY 11218
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Jun 23, 2026 NYC Resale Gains & Losses: Every Borough Made Money in 2025, Except Manhattan
In 2025, NYC home-sellers mostly made money. But, in Manhattan, resales came with losses — and it was apartments and recent buyers that absorbed them.
Eliza Theiss, Jun 04, 2026 World Cup or Your Mortgage/Rent? Ticket Prices Rival Host City Housing Costs
World Cup ticket prices rival monthly housing expenses in the 11 U.S. host cities, with even the cheapest seats covering weeks or even months of rent or mortgage payments.
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Past Sales & Property History for 588 East 3rd Street, Brooklyn

Create a free account to view the complete sales history for 588 East 3rd Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 588 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
01/16/2014 - R
08/15/2013 - D
Deed
(2013121700505001)
11/04/2013 - R
07/15/2013 - D
Deed
(2013102801347001)
07/02/2008 - R
06/23/2008 - D
Satisfaction of Mortgage
(2008062401108001)
11/19/1998 - R Satisfaction of Mortgage
(3780006354878)
08/27/1998 - R Mortgage
(3590006199259)
08/27/1998 - R Satisfaction of Mortgage
(3840006220884)
07/03/1997 - R Mortgage
(3200005672020)
07/22/1988 - R Mortgage
(3570001382257)
04/27/1987 - R Assignment, Mortgage
(3050001260305)
02/10/1987 - R Assignment, Mortgage
(3230001238423)
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R: Recorded date
D: Document date

Property Taxes for 588 East 3rd Street, Brooklyn

Access detailed property tax data for 588 East 3rd Street, Brooklyn, NY 11218. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $7,366
Tax assessor's market value: $1,696,000
Assessed value: $101,760

Assessment History for 588 East 3rd Street, Brooklyn

Here's the assessment & property tax history for 588 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 $1,290,000 $77,400 $35,023 19.843% $6,950 $6,950 +4.72%
2024/25 $1,093,000 $65,580 $33,043 20.085% $6,637 $6,637 +12.99%
2023/24 $1,168,000 $70,080 $29,243 20.085% $6,637 $5,873 +141.49%
2022/23 $1,085,000 $65,100 $11,976 20.309% $6,347 $2,432 +0.80%
2021/22 $838,000 $50,280 $12,088 19.963% $6,176 $2,413 +1.35%

Permits for 588 East 3rd Street, Brooklyn

The complete history of permits filed for 588 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
$550,000
10.9% YoY
Median Price/Sqft
$742
6.5% YoY
Brooklyn Median Sale Price
$885,000
2.5% 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) 0.102
View subway 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

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 0.35
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
Jhs 62 Ditmas 7 No Public 6-8 900 0.28

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 0.29
Yeshiva Machzikei Hadas NR No Private PK, K-12 1,028 0.31

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

Neighbors for 588 East 3rd Street, Brooklyn

Here are the neighbors for 588 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
586 E 3rd St, Brooklyn 1,992 12/11/1997
212 Cortelyou Rd, Brooklyn 1,848 08/02/2002
606 E 3rd St, Brooklyn 3,060 09/26/2002
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
614 E 3rd St, Brooklyn 1,814 11/18/1998
610 E 3rd St, Brooklyn 2,538 01/25/2023 $190,000
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