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587 Washington Avenue

587 Washington Avenue, Brooklyn, NY 11238
4 Units
587 Washington Avenue is a condo located in Prospect Heights, Brooklyn. The building was first built in 2008 and is 16 years old. The lot that the building was built on is 25 feet wide and 72 feet long. The official lot area is listed as 1,475 square feet. In total, 587 Washington Avenue has a total floor area of 5,389 square feet. Of that, 5,389 square feet are used for residential purposes. There are a total of 4 units. Of those, 4 are residential units. There are no commercial units in this building.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. There are 18 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 260 days Meaning, listings tend to sell at a median of $582 price per square foot. The transaction that took the longest to complete was unit 1, listed on Jul 20, 2015 for $1,525,000. This particular unit ultimately sold 274 days later for $1,300,000. The most recent transaction was for unit 1, sold for $1,200,000 on Dec 28, 2018. Fun fact, the oldest transaction we have on record took place on May 09, 1968. See the full transaction history for 587 Washington Avenue below.

Prospect Heights, where 587 Washington Avenue is located, has a median asking price of $1,599,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,387,500. For interested buyers, that means the building's median asking price is around 0.13% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking

Outdoor Space

Roof Deck
Terrace

Laundry

Washer / Dryer Allowed

Ownership & Occupancy

Corporate Ownership Allowed
Pied-à-Terre Allowed

Building Style

Prewar

Pet Policy

Dogs Allowed / Cats Allowed
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180427 Unit 1
04/27/2018
1
2 Bed
3 Bath
2558 ft²
$1,300,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2558 ft²
$1,200,000 -7.69%
12/28/2018
Xin Zhen
Compass
20150720 Unit 1
07/20/2015
1
3 Bed
2 Bath
2256 ft²
$1,525,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2256 ft²
-
04/19/2016
- Private -
Jeffrey J Lorenz
The Corcoran Group

Building Info

Overview

    General

  • Year Built: 2008
  • Building Count: 1
  • Total Unit Count: 4
  • Residential Unit Count: 4
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 1,475
  • Lot Size Depth Feet: 72
  • Lot Size Frontage Feet: 25
  • Gross Building Area: 5,389

    Building Floor Area

  • Residential Building Floor Area: 5,389

    Floor Area Ratio

  • Built Floor Area Ratio: 4
  • Residential Floor Area Ratio: 3
  • Facilities Floor Area Ratio: 3

Building

  • Building Type: R1
  • Lot Type: 0
  • Land Use: 02
  • Irregular Lot Code: Y

Neighborhood

  • Community District: 308
  • City Council District: 35
  • Police Precinct: 77
  • Fire Company: E219
  • Health Area: 2710
  • Sanitation District Borough: 3
  • Sanitation Subsection: 1A
  • School District: 13

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6A
  • Zoning Commercial Overlay 1: C2-4

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 1132
  • Lot: 7501
  • Borough Block Lot: 3011327501

    Address

  • Full Address: 587 Washington Avenue
  • Condominium Number: 2407
  • Zip Code: 11238

Valuation

    Assessments Valuation

  • Assessed Total Value: $606,600
  • Assessed Land Value: $58,499

    Exemptions

  • Exempt Total Value: $598,200
  • Exempt Land Value: $0

About Northwestern Brooklyn



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Frequently Asked Questions

What neighborhood is 587 Washington Avenue located in?
The 587 Washington Avenue is a condo located in the neighborhood of Prospect Heights in Northwestern Brooklyn, Brooklyn.
What is the average sales price for listings in 587 Washington Avenue?
The average sales price for units in 587 Washington Avenue is $1,387,500 , or $582/sqft. currently.

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