--- title: "589 Hinsdale Street, New York City, NY 11207" description: "589 Hinsdale Street, New York City, NY 11207 — Multi Family Home in East New York, Brooklyn, NY. Listing Price $749,000. In contract 8/11/2026. 6 bed, 2 bath, 1,864 sqft Illustrative Buyer Commission Share of $11,235 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11207/589-hinsdale-street-ny-11207" source: "Real Estate Rebate Team" status: "Pending" --- # 589 Hinsdale Street, New York City, NY 11207 Multi Family Home in East New York, Brooklyn, NY Courtesy of Corcoran Group ## At a Glance - **Listing Price**: $749,000 - **Status**: In contract 8/11/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 6 - **Baths**: 2 - **Sqft**: 1,864 - **Common Charges**: $749,000 / mo - **Monthly Taxes**: $204 / mo - **Price per Sqft**: $402 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $749,000 - **Illustrative Buyer Commission Share**: -$11,235* - **Illustrative Net Cost**: $737,765 *Illustrative Buyer Savings of $11,235 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (4) ![589 Hinsdale Street, New York City, NY 11207 — photo 1 of 4](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/00c50596-6e9e-4151-bd30-8c93a23994ea.png) ![589 Hinsdale Street, New York City, NY 11207 — photo 2 of 4](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fdab8687-e831-438c-ae06-5673660a9c09.png) ![589 Hinsdale Street, New York City, NY 11207 — photo 3 of 4](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e409ea8d-3c3a-46c8-b42e-afa6a621da6b.png) ![589 Hinsdale Street, New York City, NY 11207 — photo 4 of 4](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0613d5c2-ce7f-4f2c-a867-19aa65fdb5cd.png) ## Property Overview Investor Opportunity or Ideal Fixer-Upper! 589 Hinsdale Street presents a fantastic opportunity for investors or buyers seeking a renovation project to create a home tailored to their vision. This 1800sqft two-unit property features a 3-bedroom, 1-bathroom apartment with eat in kitchen on the upper level and an expanded 4-bedroom, 1-bathroom apartment on the first floor, complete with enclosed front porch. The basement is sectioned into multiple rooms, offering generous storage potential. With great bones and layout flexibility, this property is ready to be transformed. Seller will entertain ALL OFFERS. Property is in need of a full renovation. ## Property Details - **Property Type**: Multi Family - **Beds**: 6 - **Baths**: 2 - **Rooms**: 13 - **Sqft**: 1,864 sqft - **Stories**: 2 - **Year Built**: 1910 - **Price per Sqft**: $402 - **Common Charges**: $749,000 / Monthly - **Monthly Taxes**: $204 / mo - **Listed On**: Jul 16, 2026 - **Days on Market**: 52 Days ### Residence Features - See Remarks - Private Outdoor Space Over 60 Sqft ## Sales Evidence ### How this price compares The median closed price for comparable house sales in East New York is $1,000,000, based on 10 sales between February 2022 and July 2026. This home is asking $749,000, $251,000 below that median. The middle half of those sales closed between $848,500 and $1,220,000. - **Median closed price**: $1,000,000 - **Middle half**: $848,500 – $1,220,000 - **Based on**: 10 house sales in East New York - **Period**: February 2022 – July 2026 - **Median $/ft²**: $467/ft² Across the 9 of these sales with a published asking price, the median closed at 93.8% of what it originally asked. 78% of them closed below the original ask. A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across East New York. Apartment sales are excluded from it entirely. ### How these sales were negotiated - **Sold vs original ask**: 93.8% of the original ask - **Closed below ask**: 78% of 9 sales - **Listed → in contract**: 54 days (about 8 weeks) - **In contract → closed**: 94 days (about 13 weeks) Across the 9 of these sales with a published asking price, the median closed at 93.8% of what it originally asked. 78% of them closed below the original ask. Half of these homes were in contract within 54 days (about 8 weeks) of coming to market, based on the 10 with a recorded listing date. Once a deal was agreed, closing took a further 94 days (about 13 weeks), based on the 10 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 10 house sales in East New York, February 2022 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 589 HINSDALE Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/589-hinsdale-street) ## Price and Property History for 589 Hinsdale Street Review the recorded listing activity for 589 Hinsdale Street, including asking-price changes and prior market dates. - **Entered contract**: August 11, 2026 | Date | Price | Listing event | | --- | --- | --- | | August 11, 2026 | $749,000 | Entered contract | | April 30, 2026 | $749,000 | Listed for sale by Corcoran Group | ## Property Tax History Taxes at 589 Hinsdale Street were $2,469 in 2026. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $50,760 | $16,500 | $34,260 | $12,292 | $2,469 | 20.085% (estimated) | | 2025 (FY 2025/26) | $46,740 | $16,500 | $30,240 | $12,288 | $2,468 | 20.085% (estimated) | | 2024 (FY 2024/25) | $49,260 | $16,500 | $32,760 | $12,182 | $2,447 | 20.085% | | 2023 (FY 2023/24) | $43,560 | $16,500 | $27,060 | $11,500 | $2,310 | 20.085% | | 2022 (FY 2022/23) | $38,700 | $16,500 | $22,200 | $10,854 | $2,204 | 20.309% | | 2021 (FY 2021/22) | $33,840 | $16,500 | $17,340 | $10,243 | $2,045 | 19.963% | | 2020 (FY 2020/21) | $40,320 | $16,500 | $23,820 | $10,240 | $2,155 | 21.045% | | 2019 (FY 2019/20) | $38,280 | $16,500 | $21,780 | $10,152 | $2,149 | 21.167% | | 2018 (FY 2018/19) | $9,583 | — | — | $9,583 | $2,005 | 20.919% | | 2017 (FY 2017/18) | $9,045 | — | — | $9,045 | $1,844 | 20.385% | | 2016 (FY 2016/17) | $8,536 | — | — | $8,536 | $1,706 | 19.991% | | 2015 (FY 2015/16) | $8,533 | — | — | $8,533 | $1,669 | 19.554% | | 2014 (FY 2014/15) | $8,460 | — | — | $8,460 | $1,621 | 19.157% | | 2013 (FY 2013/14) | $7,986 | — | — | $7,986 | $1,533 | 19.191% | | 2012 (FY 2012/13) | $7,538 | — | — | $7,538 | $1,400 | 18.569% | | 2011 (FY 2011/12) | $7,114 | — | — | $7,114 | $1,295 | 18.205% | | 2010 (FY 2010/11) | $7,111 | — | — | $7,111 | $1,235 | 17.364% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3038520007. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 589 HINSDALE Street East New York · Multi Family 589 HINSDALE Street, Brooklyn, NY 11207 A building in East New York, currently featuring 1 active listing. - **Year Built**: 1910 - **Total Units**: 1 - **Floors**: 2 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/589-hinsdale-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11207/589-hinsdale-street-ny-11207) | 6 | 2 | 1,864 sqft | $402 | $749,000 — In contract | Corcoran Group | Jul 16, 2026 | 52 days | ## Estimated Monthly Payment **$752,991 / month**, assuming a 20% down payment ($149,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $3,787 - **Property Taxes**: $204 - **Common Charges**: $749,000 Estimates only. Actual payments may vary. Confirm terms with your lender. ## East New York Overview of East New York [Explore East New York](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/east-new-york) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby East New York - [Cypress Hills real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/cypress-hills) - [Brownsville real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brownsville) - [Howard Beach real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/howard-beach) - [Canarsie real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/canarsie) - [Ozone Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/ozone-park) - [Jamaica Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/jamaica-bay) ## Related Links - [589 HINSDALE Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/589-hinsdale-street) - [East New York neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/east-new-york) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.