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

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

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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583 East 5th Street, Brooklyn, NY 11218 2
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Address

Primary address 583 East 5th Street
Secondary address 583 Garage E 5th St
Neighborhood Kensington
Zip code 11218
Borough Brooklyn
Block & lot 05389-0088

Sales & Tax Overview for 583 East 5th Street, Brooklyn

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

Purchase date 10/27/2004
Purchase price $332,000
Tax class
Estimated property tax $6,927

Lot & Building Information for 583 East 5th Street, Brooklyn

Lot sqft 3,000
Lot dimensions 30 ft x 100 ft
Building class Three Families (C0) i
Building sqft 2,515
Building dimensions 20.5 ft x 40 ft
Buildings on lot 2
Stories 3
Structure type Old style
Building material Frame
Exterior wall Aluminum/vinyl
Basement type Full
Year built 1910
Frontage(s) East 5 Street (narrow)
Nearest wide street Cortelyou Road
Distance to wide street
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Zoning & Use for 583 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 0.51 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 583 East 5th Street, Brooklyn

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Floor area ratio (FAR) for 583 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 583 East 5th Street, Brooklyn, NY 11218, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 583 Garage E 5th St, Brooklyn, NY 11218

About 583 East 5th Street, Brooklyn

What is the year built & the total sq. ft. for 583 East 5th Street, Brooklyn, NY 11218?

583 East 5th Street, Brooklyn, NY 11218 was built in 1910 and has a total of 2,515 square feet.

What is the assessed value of 583 East 5th Street, Brooklyn, NY 11218 and the property tax paid?

Assessed at $82,560, the tax amount paid for 583 East 5th Street, Brooklyn, NY 11218 is $6,927. For the next year, the tax amount for 583 East 5th Street, Brooklyn, NY 11218 is estimated at $6,927.

When was 583 East 5th Street, Brooklyn, NY 11218 last sold?

583 East 5th Street, Brooklyn, NY 11218 was last sold in 01/25/2016.

How many residential units does this building have?

This building has 3 residential unit(s).

Ownership Information for 583 East 5th Street, Brooklyn

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Property owner name for 583 East 5th Street, Brooklyn, NY 11218
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Building contacts for 583 East 5th 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 583 East 5th Street, Brooklyn

Create a free account to view the complete sales history for 583 East 5th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/27/2004 $332,000

Title Documents for 583 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
02/03/2016 - D
02/18/2016 - R
Satisfaction of Mortgage
(2016020400511001)
01/25/2016 - D
02/19/2016 - R
Mortgage
(2016021000712002)
01/25/2016 - D
02/19/2016 - R
Deed
(2016021000712001)
08/14/2014 - D
09/09/2014 - R
Satisfaction of Mortgage
(2014082100769001)
10/07/2013 - D
10/30/2013 - R
Zoning Lot Description
(2013101801475002)
09/23/2013 - D
10/30/2013 - R
Certificate
(2013101801475001)
03/13/2012 - D
03/16/2012 - R
Assignment, Mortgage
(2012031300701001)
08/11/2005 - D
08/24/2005 - R
Mortgage
(2005081501012001)
06/24/2005 - D
07/14/2005 - R
Agreement
(2005070700579003)
06/24/2005 - D
07/14/2005 - R
Mortgage
(2005070700579002)
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R: Recorded date
D: Document date

Property Taxes for 583 East 5th Street, Brooklyn

Access detailed property tax data for 583 East 5th 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: $6,927
Estimated property tax: $6,927
Tax assessor's market value: $1,376,000
Assessed value: $82,560
Exemptions granted by city:

Assessment History for 583 East 5th Street, Brooklyn

Here's the assessment & property tax history for 583 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 $1,376,000 $82,560 $34,911 19.843% $7,209 $6,927 -0.41%
2024/25 $1,526,000 $91,560 $34,631 20.085% $7,225 $6,956 +6.34%
2023/24 $1,524,000 $91,440 $32,566 20.085% $6,822 $6,541 +5.23%
2022/23 $1,325,000 $79,500 $30,606 20.309% $6,512 $6,216 +7.97%
2021/22 $1,232,000 $73,920 $28,836 19.963% $6,044 $5,757 -5.23%

Permits for 583 East 5th Street, Brooklyn

The complete history of permits filed for 583 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
10/21/2011 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
$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) 0.222
View subway map
Bus Routes
Name MC Donald Av/Cortelyou Rd
Line B69
Distance (miles) 0.25

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 0.23
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.23
Yeshiva & Mesivta Torah Temimah NR No Private PK, K-12 622 0.24
Yeshiva & Mesivta Torah Temimah NR No Private PK, K-12 622 0.24
Yeshiva Torah Vodaath NR No Private K-8 0 0.24

Nearest middle schools

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

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Yeshiva & Mesivta Torah Temimah NR No Private PK, K-12 622 0.24
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 Derech Chaim NR No Private 0 0.33

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

Neighbors for 583 East 5th Street, Brooklyn

Here are the neighbors for 583 East 5th Street, Brooklyn, NY 11218.

Address Square feet Purchase date Purchase price
562 E 7th St, Brooklyn 1,520 05/03/2021 $1,585,000
587 E 5th St, Brooklyn 2,694 11/17/2008
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
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
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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