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Brooklyn / Bushwick (West) / 11206

591 BUSHWICK AVENUE

Recorded on the Digital Tax Map as RHEINGOLD HEIGHTS TWO CONDOMINIUM.

Boro3
Block3151
Lot7502
BBL3031517502
Class RM
Residential units
58
Units in total
60
Storeys
7
Year built
2009
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

LOT 16,432 SQ FT7
Drawn from PLUTO: 7 storeys, 78,916 sq ft of building on 16,432 sq ft of lot, an average floor plate covering 69% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
16,432 sq ft
Building area
78,916 sq ft
Residential area
73,829 sq ft
Commercial area
5,087 sq ft
Office area
-
Retail area
5,087 sq ft
Buildings on the lot
1
Built floor area ratio
4.8
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$345,150
Assessed total value
$7,842,600
Exempt value
$7,416,238
Assessed per residential unit
$135,217

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
RM
Neighbourhood
Bushwick (West)
ZIP code
11206
Community district
Brooklyn 4
Council district
34
Coordinates
40.699061, -73.934879

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Bushwick (West)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
10 MONTIETH STREETD750020170-
123 MELROSE STREETD646820190-
54 NOLL STREETD644320180-
87 GEORGE STREETRM32420220-
415 BLEECKER STREETD915019862-
114 TROUTMAN STREETD214420060-
CEDAR STREETD313920230-
908 FLUSHING AVENUED713620190-
1601 DEKALB AVENUED112820240-
1209 DEKALB AVENUED112720122-
626 BUSHWICK AVENUED19918691-
21 MONTIETH STREETD39420220-

Every building on file in Bushwick (West)