580 Wythe Avenue (564–580 Park Plaza Condominium)
580 Wythe Avenue, Brooklyn, NY 11249
BBL 3021657502 · BIN 3348311
- Year built
- 2001
- Type
- Condominium
- Units
- 68
- Floors
- 8
- Landmark
- No
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Park Plaza would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
Park Plaza is a single-sponsor development of six eight-story buildings on one South Williamsburg block: two on Kent Avenue and four on Wythe Avenue, 182 apartments in all, split into three condominiums. The 564–580 condominium is two of the Wythe Avenue buildings. Construction started in 2000 and the sponsor conveyed almost every apartment in 2002, per ACRIS, before the 2005 Greenpoint–Williamsburg rezoning and the waterfront towers that followed it.
This is the largest-unit condominium of the three. The two buildings carry about 92,500 square feet of residential floor area for 68 apartments, per PLUTO, or roughly 1,360 gross square feet per residence. Listing records put individual apartments at about 1,330 to 1,370 square feet. That is large by the standard of Williamsburg's resale condominium market, and it is the reason buyers look here.
The diligence item is the façade. 580 Wythe carries an unsafe filing under the city's façade inspection program, and a buyer needs to know where the repair stands and who is paying for it.
Architecture and unit composition
Both buildings were designed by Gene Kaufman and filed with DOB in April 2000 as eight-story residential buildings of 34 units each. Each has two apartments on the lowest "0" level and four per floor, A through D, on floors one through eight. DOB façade violations refer to balcony slabs on both buildings, so at least some apartments have balconies; confirm which lines have them from the floor plans.
The condominium lot is about 8,600 square feet, per PLUTO. The buildings are residential except for a very small commercial allocation (under 100 square feet) on the PLUTO record.
Building operations
The façade. Both buildings are over six stories and subject to the city's Façade Inspection and Safety Program (FISP, also called Local Law 11), which requires a licensed engineer's inspection every five years. DOB's façade compliance data lists 580 Wythe as "unsafe" in Cycle 9, the current five-year cycle, and 564 Wythe as "safe with a repair and maintenance program."
ECB records fill in the detail. Both buildings were cited for failing to file acceptable Cycle 8 and Cycle 9 reports in 2021 and 2022, and 580 Wythe also in 2018. From late 2022 through 2024 inspectors cited damaged and spalling balcony slabs, cracked masonry and, at 580 Wythe in August 2024, a leaning and displaced masonry parapet. The city also cited the condominium for failing to put required public-protection measures in place and for failing to comply with earlier orders. Several of those violations remain active in the public record, with penalties imposed.
What a buyer needs from the managing agent: the current FISP report for each building, whether a sidewalk shed or netting is up, the repair scope and schedule, how it is being funded (reserves, special assessment or loan), and whether any ECB penalties are still open.
The records reviewed do not document staffing, common charges, reserves or amenities.
Ownership and the for-sale record
Kent-Rush Realty Corp. conveyed the apartments to separate buyers, nearly all in 2002 and early 2003. Most of those sponsor deeds recorded no consideration, so original purchase prices are not available from ACRIS. Today the 68 apartments are held by more than 60 different owners, and resales have gone to unrelated buyers at market prices. No apartment remains in the sponsor's name. One unit, 7D at 564 Wythe, has no deed indexed in ACRIS, which title work should clear if it comes to market.
This is an owner-held condominium, not a rental wrapper.
The tax position
Every unit carried a 421-a exemption (DOF code 5113), 15-year term. The exemption rolls show full exemption on the increase in assessed value through the 2013/14 tax year, then 80, 60, 40 and 20 percent in 2014/15 through 2017/18. It expired with the 2018/19 roll. No exemption of any kind appears on the Department of Finance's exemption records for any unit on the block from 2020/21 through 2026/27. The tax bill is already at its full level.
Recent sales
Park Plaza trades as early-2000s South Williamsburg elevator construction with large layouts. Apartments here price in dollars per square foot, but buyers compare them on size and bedroom count, where they compete with far newer buildings. The closest comparison is the sister condominium at 525–535 Kent Avenue on the same block, built at the same time by the same sponsor and architect, with slightly smaller average apartments. The open façade work should be priced into any comparison until it is resolved. Index market statements to 2025, the last complete year. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Nov 12, 2025 | 4A | $1,300,000 |
| Dec 21, 2023 | 4C | $999,000 |
| Apr 26, 2023 | 1D | $900,000 |
| Mar 8, 2021 | 2D | $923,349.38 |
| May 13, 2003 | 7D | $2,000,000 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-02165-7502) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
Confirm the condominium. 564 and 580 Wythe are one condominium. 570 and 576 Wythe, and the Kent Avenue buildings, are separate condominiums with separate boards and budgets.
Resolve the façade question before contract. Ask for the Cycle 9 report, the repair contract and the funding plan. If an assessment has been voted or is expected, get the amount per unit in writing.
Check the balcony. If the apartment has a balcony, ask whether its slab is part of the cited repair work and whether use is restricted until it is done.
Request the condominium documents. No offering plan or financial statements were available for this review. Get the budget, audited statements, bylaws, house rules and the board's resale procedure from the managing agent.
What to know if you’re selling
Lead with size. Apartments of about 1,300 square feet with no abatement to lose are the building's strongest argument.
Get the façade paperwork together first. A buyer's attorney will find the unsafe filing and the ECB record. A current status letter and funding plan from the managing agent keeps it from turning into a late price discussion.
Comparable buildings
If you're considering 580 Wythe Avenue, also evaluate:
- 535 Kent Avenue (525–535 Park Plaza Condominium) — the sister condominium on the same block, same sponsor, architect and era
- 440 Kent Avenue (Schaefer Landing North) — a 2006 Kent Avenue condominium closer to the Williamsburg Bridge
- 26 Broadway — a 2006 South Williamsburg condominium
- The Gretsch (60 Broadway) — a full-service loft conversion at the south edge of the Southside
- 346 Kent Avenue — new-construction waterfront towers on Kent Avenue
- 330 Wythe Avenue (The Esquire Building) — a large factory conversion farther north on Wythe Avenue
- 150 South 1st Street (Bedford Court) — a 2003 Southside condominium whose 421-a is now phasing out
More Williamsburg buildings
- 526 Union Avenue — 2023 condominium
- 535 Kent Avenue (525–535 Park Plaza Condominium) — 2001 condominium
- 55 Berry Street (Berry Street Lofts) — 1900 condominium by Karl Fischer Architects
- 70 Berry Street — 2008 condominium
- 764 Metropolitan Avenue — 2017 condominium
- 80 Metropolitan Avenue — 2008 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Williamsburg.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at Park Plaza?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.