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587 East 5th Street, Brooklyn, NY 11218 Property Information

587 East 5th Street, Brooklyn, NY 11218 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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587 East 5th Street, Brooklyn, NY 11218 1
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Address

Primary address 587 East 5th Street
Neighborhood Kensington
Zip code 11218
Borough Brooklyn
Block & lot 05389-0087

Sales & Tax Overview for 587 East 5th 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 587 East 5th Street, Brooklyn

Lot sq. ft. 3,000
Lot dimensions 30 ft x 100 ft
Property type Three Families (C0)
Building sqft 2,694
Building dimensions 21.5 ft x 40 ft
Buildings on lot 1
Stories 3
Structure type Old style
Building material Frame
Exterior wall Composition
Basement type Full
Year built 1910
Frontage East 5 Street (narrow)
Nearest wide street Cortelyou Road
Distance to wide street
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Zoning & Use for 587 East 5th Street, Brooklyn

Zoning
Residential units (DOF) 3
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 12
Closest police station 0.50 Miles
Closest fire station 0.41 Miles

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

Other Property Data for 587 East 5th 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 587 East 5th 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 587 East 5th Street, Brooklyn, NY 11218, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 587 East 5th Street, Brooklyn

What is the year built & the total sq. ft. for 587 East 5th Street, Brooklyn, NY 11218?

587 East 5th Street, Brooklyn, NY 11218 was built in 1910 and has a total of 2,694 square feet.

What is the assessed value of 587 East 5th Street, Brooklyn, NY 11218 and the property tax paid?

Assessed at $119,520, the tax amount paid for 587 East 5th Street, Brooklyn, NY 11218 is $8,318.

When was 587 East 5th Street, Brooklyn, NY 11218 last sold?

587 East 5th Street, Brooklyn, NY 11218 was last sold in 11/17/2008.

How many residential units does this building have?

This building has 3 residential unit(s).

Ownership Information for 587 East 5th Street, Brooklyn

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Property owner name for 587 East 5th Street, Brooklyn, NY 11218
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Building contacts for 587 East 5th 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 587 East 5th Street, Brooklyn

Create a free account to view the complete sales history for 587 East 5th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 587 East 5th 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
12/20/2016 - R
12/24/2015 - D
Agreement
(2016121501473001)
01/28/2016 - R
12/24/2015 - D
Agreement
(2016012000598002)
01/28/2016 - R
12/24/2015 - D
Mortgage
(2016012000598001)
02/19/2016 - R
12/16/2015 - D
Assignment, Mortgage
(2016020100334003)
02/19/2016 - R
12/16/2015 - D
Assignment, Mortgage
(2016020100334002)
02/19/2016 - R
12/16/2015 - D
Assignment, Mortgage
(2016020100334001)
08/28/2009 - R
07/07/2009 - D
Assignment, Mortgage
(2009081900455001)
01/26/2009 - R
11/17/2008 - D
Deed
(2008112800077001)
08/14/2007 - R
08/08/2007 - D
Satisfaction of Mortgage
(2007080800104001)
08/13/2007 - R
07/19/2007 - D
Mortgage
(2007072400679002)
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R: Recorded date
D: Document date

Property Taxes for 587 East 5th Street, Brooklyn

Access detailed property tax data for 587 East 5th 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: $8,318
Tax assessor's market value: $1,992,000
Assessed value: $119,520

Assessment History for 587 East 5th Street, Brooklyn

Here's the assessment & property tax history for 587 East 5th 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 $1,515,000 $90,900 $41,921 19.843% $8,318 $8,318 -0.26%
2024/25 $1,617,000 $97,020 $41,525 20.085% $8,340 $8,340 +5.95%
2023/24 $1,637,000 $98,220 $39,194 20.085% $7,872 $7,872 +4.72%
2022/23 $1,340,000 $80,400 $37,013 20.309% $7,517 $7,517 +7.79%
2021/22 $1,470,000 $88,200 $34,934 19.963% $6,974 $6,974 -5.14%

Permits for 587 East 5th Street, Brooklyn

The complete history of permits filed for 587 East 5th 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.

Filing date Job type Job status Job description Initial cost
10/08/2013 Alteration type 2
         
         
         
         
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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) 0.221
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 0.23
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.23
Yeshiva & Mesivta Torah Temimah NR No Private PK, K-12 622 0.23
Yeshiva & Mesivta Torah Temimah NR No Private PK, K-12 622 0.23
Mevakshai Hashem NR No Private PK-8 572 0.23

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 62 Ditmas 7 Yes Public 6-8 900 0.15
Yeshiva & Mesivta Torah Temimah NR No Private PK, K-12 622 0.23
Mevakshai Hashem NR No Private PK-8 572 0.23
Mavakshai Hashem NR No Private PK-8 475 0.23
Yeshiva Torah Vodaath NR No Private K-8 0 0.24

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Yeshiva & Mesivta Torah Temimah NR No Private PK, K-12 622 0.23
Torah Vodaath High School NR No Private 9-12 0 0.24
Bonim Lamokom NR No Private 35 0.26
Bnos Yerushalayim School NR No Private PK-12 1,156 0.29
Yeshiva Nesivas Chaim NR No Private 9-12 0 0.32

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

Neighbors for 587 East 5th Street, Brooklyn

Here are the neighbors for 587 East 5th Street, Brooklyn, NY 11218.

Address Square feet Purchase date Purchase price
599 E 5th St, Brooklyn 2,197 03/07/2000
619 E 5th St, Brooklyn 2,208 06/01/1992
618 Cortelyou Rd, Brooklyn 2,499 01/20/1993
622 Cortelyou Rd, Brooklyn 11,740 04/20/1995
595 E 5th St, Brooklyn 1,500 01/12/2024 $1,250,000
573 E 5th St, Brooklyn 2,880 08/24/1981
623 E 5th St, Brooklyn 41,963 05/02/1996
577 E 5th St, Brooklyn 2,880 01/24/2000
421 Ocean Pkwy, Brooklyn 14,913 05/17/2001
560 E 7th St, Brooklyn 1,380 07/30/2018 $1,500,000
609 E 5th St, Brooklyn 1,943 07/27/1997
617 E 5th St, Brooklyn 2,188 10/15/2012
583 E 5th St, Brooklyn 2,515 01/25/2016
605 E 5th St, Brooklyn 1,814 02/05/2019
550 E 7th St, Brooklyn 2,641 02/13/1987
558 E 7th St, Brooklyn 1,280 02/24/2025 $900,000
593 E 5th St, Brooklyn 1,902 08/01/2005 $740,000
621 E 5th St, Brooklyn 2,208 11/30/2017
556 E 7th St, Brooklyn 1,280 07/16/2017
613 E 5th St, Brooklyn 2,260 03/25/2014
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