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587 Kings Highway

587 Kings Highway, Brooklyn, NY 11223
Property in Gravesend
10 Units
1 Units For Sale
Unit for sale at 587 Kings Highway, Brooklyn, NY 11223

$799,000

  • 3 Beds
  • 2 Baths
587 Kings Highway #2, Brooklyn, NY 11223 Listing by Melanie Kishk

The building on the property was first built in 1999 and is 25 years old. The building has a total of 5 stories. The linear feet between the front and back of the lot is 80 ft and across the front of the lot is 144 ft.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. As a result of that assessment, the total value of the property was placed at $1,516,054. To break that down further, the land itself was valued at $129,602. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.

This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240113 Unit 1
01/13/2024
1
Studio
5 Bath
5800 ft²
$2,750,000
bedrooms
Studio
bathrooms
5 Bath
square feet
5800 ft²
-
-
-
Milan Obradovic
Jabour Realty Company
20230131
01/31/2023
Loft
-
5830 ft²
$4,000,000
bedrooms
Loft
bathrooms
-
square feet
5830 ft²
-
-
-
Joe Nehmad
Wilk Real Estate I LLC.

Building Info

Overview

    General

  • Year Built: 1999
  • First Altered Year: 2002
  • Building Count: 1
  • Floor Count: 5
  • Total Unit Count: 10
  • Residential Unit Count: 8
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 5,760
  • Lot Size Depth Feet: 80
  • Lot Size Frontage Feet: 144
  • Building Depth: 62
  • Building Frontage: 104
  • Gross Building Area: 15,270

    Building Floor Area

  • Residential Building Floor Area: 9,440
  • Commercial Building Floor Area: 5,830
  • Office Building Floor Area: 5,830

    Floor Area Ratio

  • Built Floor Area Ratio: 3
  • Residential Floor Area Ratio: 3
  • Facilities Floor Area Ratio: 3

Building

  • Building Type: RM
  • Lot Type: 0
  • Land Use: 04
  • Irregular Lot Code: Y

Neighborhood

  • Community District: 315
  • City Council District: 44
  • Police Precinct: 61
  • Fire Company: L153
  • Health Area: 8510
  • Sanitation District Borough: 3
  • Sanitation Subsection: 1D
  • School District: 21

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6A
  • Special Purpose District 1: OP

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 6662
  • Lot: 7501
  • Borough Block Lot: 3066627501

    Address

  • Full Address: 587 Kings Highway
  • Condominium Number: 880
  • Zip Code: 11223

Valuation

    Assessments Valuation

  • Assessed Total Value: $1,516,054
  • Assessed Land Value: $129,602

    Exemptions

  • Exempt Total Value: $111,469
  • Exempt Land Value: $0

About Southern Brooklyn



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Frequently Asked Questions

What neighborhood is 587 Kings Highway located in?
The 587 Kings Highway is a located in the neighborhood of Gravesend in Southern Brooklyn, Brooklyn.
How many listings are currently for sale in 587 Kings Highway?
There is a listing currently on the market for sale.
What is the average sales price for listings in 587 Kings Highway?
The average sales price for units in 587 Kings Highway is $799,000 currently.

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