588 Myrtle Avenue, Brooklyn
Apartment building · 17 units · built 2014 · Block 1910, Lot 23.
Building permits
- Alteration, filed Feb 12, 2026, estimated cost $75K, described as “Erect MEZZANINES at 3rd ,4th and 5th floor levels. there will be no change to occupancy or egress.”
Property taxes
- Assessment
- $1,869,750
- 2026–27 tax
- $1,651
- Market value (city estimate)
- $4,155,000
- Taxable value
- $13,276
- Assessed land
- $171,000
- Assessed improvements
- $1,698,750
Tax breaks
- 421-a exemption, through Jun 30, 2031, about $230,927 a year below the full tax.
Zoning
R7A: floor area ratio 5.14 built, above the 4.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.