New York City  »  11223  »  Kings Hwy  »  573 Kings Hwy

573 Kings Highway, Brooklyn, NY 11223 - Property report

Also known as: 1862-1868 E 5th St

Property image for 573 Kings Highway, Brooklyn, NY 11223
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Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1931

Lot sq. ft.

1,593

Sale price

$900,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
573 Kings Highway
Alternate address(es)
1862-1868 E 5th St
ZIP code
11223
Neighborhood
Gravesend
Borough
Brooklyn
Block & lot
06661-0038

Owner

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Building
Property type
Single or Multiple Dwelling with Stores or Offices (S9)
Building sq. ft.
4,000
Building dimensions
20 ft x 60 ft
Buildings on lot
1
Stories
3
Year built
1931
Last altered
2019
Building material
Sales
Sale date
04/23/2018
Sale price
$900,000
Tax
Tax year
2026-2027
Property tax
$35,807
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
4
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
24.42 ft x 86.67 ft
Lot sq. ft.
1,593

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
95 /100.  Rider's Paradise
Bike score
73 /100.  Very Bikeable
School district
21
Community district
15
Closest police station
0.84 Miles
Closest fire station
0.55 Miles

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

Ownership

Ownership information for 573 Kings Highway, Brooklyn, NY

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

Sales history for 573 Kings Highway, Brooklyn, NY 11223

Sale date Sale price Buyer name Seller name
04/23/2018 $900,000 XXX XXXXX XXXXXXX XXX XXXXXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/19/2022 - R Initial UCC1
(2022101900394003)		 XXX XXXXX XXXXXXX XXX XXXXXXXXX XXXXXXX XXXX
10/19/2022 - R
10/13/2022 - D		 Assignment of Leases and Rents
(2022101900394002)		 XXX XXXXX XXXXXXX XXX XXXXXXXXX XXXXXXX XXXX
10/19/2022 - R
10/13/2022 - D		 Mortgage
(2022101900394001)		 XXX XXXXX XXXXXXX XXX XXXXXXXXX XXXXXXX XXXX
04/25/2018 - R
04/23/2018 - D		 Deed
(2018042401411001)		 XXXXXXXX XXXXX XXX XXXXX XXXXXXX XXX
04/26/2018 - R
04/20/2018 - D		 Satisfaction of Mortgage
(2018042500634001)		 XXXXXXXX XXXXX XXXXX XXXXXXX
04/25/2018 - R
02/27/2018 - D		 Power of Attorney
(2018042401411002)		 XXXXXXXX XXXXX XXXXXXX XXXXX
04/30/1990 - R Satisfaction of Mortgage
(3900001535190)		 XXXXXXXX XXXXXX XXXXXXX XXX
09/17/1984 - R Mortgage
(3200001041320)		 XXXXXXXX XXXXX XXXXX XXXXXXX
12/27/1978 - R Mortgage
(37830104301859)		 XXXXXXXX XXXXXX XXXXXXX XXXXXX X
12/27/1978 - R Deed
(37830104301857)		 XXXXXXX XXXXXX X XXXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 573 Kings Highway, 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
$35,807
Municipal exemptions
Recent tax assessments
Market value
$1,012,000
Assessed value
$455,400

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 $843,000 $379,350 $271,789 12.439% $33,808 $33,808 -0.49%
2024/25 $850,000 $382,500 $271,788 12.5% $33,974 $33,974 +9.45%
2023/24 $724,000 $325,800 $248,275 12.502% $31,039 $31,039 +10.07%
2022/23 $711,000 $319,950 $229,887 12.267% $28,200 $28,200 +8.28%
2021/22 $656,000 $295,200 $212,859 12.235% $26,043 $26,043 +5.89%
2020/21 $719,000 $323,550 $200,498 12.267% $24,595 $24,595 -1.65%
2019/20 $725,000 $326,250 $200,497 12.473% $25,008 $25,008 +3.83%
2018/19 $764,000 $343,800 $190,981 12.612% $24,087 $24,087 +7.09%
2017/18 $656,000 $295,200 $176,836 12.719% $22,492 $22,492 +6.55%
2016/17 $609,000 $274,050 $163,738 12.892% $21,109 $21,109 +6.24%
Permits

Permit information for 573 Kings Highway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/20/2022 Alteration
06/02/2020 Alteration
06/01/2020 Alteration
02/12/2020 Alteration
09/12/2018 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
04/25/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
5

Subway & traffic

Closest station
McDonald Ave & Kings Hwy at SE Corner
Station lines
F
Distance (miles)
0.21
View subway map

Access the detailed traffic volume map for 573 Kings Highway, Brooklyn, NY 11223 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

Neighbors for 573 Kings Highway, Brooklyn, NY

559 Kings Hwy, Brooklyn 1858 E 5th St, Brooklyn 1856 E 5th St, Brooklyn 1852 E 5th St, Brooklyn 563 Kings Hwy, Brooklyn 1846 E 5th St, Brooklyn 1840 E 5th St, Brooklyn 1834 E 5th St, Brooklyn 1844 E 5th St, Brooklyn 567 Kings Hwy, Brooklyn 565 Kings Hwy, Brooklyn 1850 E 5th St, Brooklyn 557 Kings Hwy, Brooklyn 549 Kings Hwy, Brooklyn 1838 E 5th St, Brooklyn 1832 E 5th St, Brooklyn 571 Kings Hwy, Brooklyn 555 Kings Hwy, Brooklyn 551 Kings Hwy, Brooklyn 1865 E 4th St, Brooklyn

Nearby ZIP codes for 573 Kings Highway, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11209, New York City, NY 11210, New York City, NY 11214, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11224, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11229, New York City, NY 11230, New York City, NY 11232, New York City, NY 11234, New York City, NY 11235, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for 573 Kings Highway, Brooklyn, NY 11223?

The development at 573 Kings Highway, Brooklyn, NY 11223 was built in 1931.

What is the market value of 573 Kings Highway, Brooklyn, NY 11223?

The current market value of 573 Kings Highway, Brooklyn, NY 11223 is $1,012,000.

What is the total square footage of 573 Kings Highway, Brooklyn, NY 11223?

573 Kings Highway, Brooklyn, NY 11223 has a total of 4,000 square feet.

What is the price per square foot for this property?

$225 per square foot is the price for 573 Kings Highway, Brooklyn, NY 11223.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

Disclaimer

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