587 Lexington Avenue, Brooklyn, NY 11221 Property Information
587 Lexington Avenue, Brooklyn, NY 11221 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 587 Lexington Avenue |
| Neighborhood | Bedford-Stuyvesant |
| Zip code | 11221 |
| Borough | Brooklyn |
| Block & lot | 01619-0170 |
Sales & Tax Overview for 587 Lexington Avenue, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 01/17/2014 |
| Purchase price | $840,000 |
| Tax class | Register |
| Estimated property tax | $9,093 |
Lot & Building Information for 587 Lexington Avenue, Brooklyn
| Lot sqft | 2,000 |
| Lot dimensions | |
| Building class | Two Family Frame (B2) |
| Building sqft | 2,598 |
| Building dimensions | |
| Buildings on lot | 1 |
| Stories | 3 |
| Structure type | Row |
| Building material | C block + brick |
| Exterior wall | Combination |
| Basement type | Full |
| Year built | 2005 |
| Frontage(s) | Lexington Avenue (wide) |
Area Overview
| School district | 16 |
| Community district | 3 |
| Closest police station | 0.32 Miles |
| Closest fire station | 0.21 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 587 Lexington Avenue, Brooklyn
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About 587 Lexington Avenue, Brooklyn
587 Lexington Avenue, Brooklyn, NY 11221 was built in 2005 and has a total of 2,598 square feet.
What is the assessed value of 587 Lexington Avenue, Brooklyn, NY 11221 and the property tax paid?Assessed at $105,060, the tax amount paid for 587 Lexington Avenue, Brooklyn, NY 11221 is $9,093. For the next year, the tax amount for 587 Lexington Avenue, Brooklyn, NY 11221 is estimated at $9,093.
When was 587 Lexington Avenue, Brooklyn, NY 11221 last sold and what was the last sale price?587 Lexington Avenue, Brooklyn, NY 11221 was last sold in 01/17/2014 for $840,000.
How many residential units does this building have?This building has 2 residential unit(s).
Ownership Information for 587 Lexington Avenue, Brooklyn
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Past Sales & Property History for 587 Lexington Avenue, Brooklyn
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*Here are the three most recent sales for this property.
Title Documents for 587 Lexington Avenue, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 587 Lexington Avenue, Brooklyn
Access detailed property tax data for 587 Lexington Avenue, Brooklyn, NY 11221. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $9,093 |
| Estimated property tax: | $9,093 |
| Tax assessor's market value: | $1,751,000 |
| Assessed value: | $105,060 |
Assessment History for 587 Lexington Avenue, Brooklyn
Here's the assessment & property tax history for 587 Lexington Avenue, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $1,751,000 | $105,060 | $45,827 | 19.843% | $9,093 | $9,093 | -0.45% |
| 2024/25 | $1,383,000 | $82,980 | $45,480 | 20.085% | $9,135 | $9,135 | +6.00% |
| 2023/24 | $1,360,000 | $81,600 | $42,907 | 20.085% | $8,618 | $8,618 | +4.83% |
| 2022/23 | $1,323,000 | $79,380 | $40,480 | 20.309% | $8,221 | $8,221 | +7.83% |
| 2021/22 | $1,324,000 | $79,440 | $38,189 | 19.963% | $7,624 | $7,624 | -5.14% |
Permits for 587 Lexington Avenue, Brooklyn
The complete history of permits filed for 587 Lexington Avenue, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
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Bedford-Stuyvesant Residential Market Stats
Access a detailed real estate market overview of Bedford-Stuyvesant so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Bedford-Stuyvesant and compare it to other neighborhoods in Brooklyn.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Broadway & Myrtle Ave at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | J-M-Z | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.535 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Marcus Garvey Bl/Lexington Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.08 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schools
Nearest elementary schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| P.S. 308 Clara Cardwell | 3 | Yes | Public | PK, K-8 | 212 | 0.17 |
| P.S. 308 Clara Cardwell | 3 | Yes | Public | PK, K-8 | 212 | 0.17 |
| The Co-Op School | NR | No | Private | K-7 | 118 | 0.15 |
| Ember Charter School | 7 | No | Charter | K-12 | 423 | 0.17 |
| Success Academy Charter School-Nyc 9 | 9 | No | Charter | 5-8 | 232 | 0.20 |
Nearest middle schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| The Co-Op School | NR | No | Private | K-7 | 118 | 0.15 |
| P.S. 308 Clara Cardwell | 3 | No | Public | PK, K-8 | 212 | 0.17 |
| Ember Charter School | 7 | No | Charter | K-12 | 423 | 0.17 |
| Success Academy Charter School-Nyc 9 | 9 | No | Charter | 5-8 | 232 | 0.20 |
| Unity Prep Charter School of Brooklyn | 6 | No | Charter | 6-12 | 558 | 0.27 |
Nearest high schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| Boys and Girls High School | 2 | Yes | Public | 9-12 | 403 | 0.81 |
| Ember Charter School | 7 | No | Charter | K-12 | 423 | 0.17 |
| Unity Prep Charter School of Brooklyn | 6 | No | Charter | 6-12 | 558 | 0.27 |
| The Brooklyn Academy Of Global Finance | 3 | No | Public | 9-12 | 190 | 0.29 |
| Brooklyn Emerging Leaders Academy Charter School | 2 | No | Charter | 9-12 | 236 | 0.29 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Neighbors for 587 Lexington Avenue, Brooklyn
Here are the neighbors for 587 Lexington Avenue, Brooklyn, NY 11221.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 426 Waverly Ave, Brooklyn | 1,614 | 05/03/1973 | |
| 316 Evergreen Ave, Brooklyn | 7,475 | ||
| 1252 Bushwick Ave, Brooklyn | 2,638 | 11/26/2013 | $450,000 |
| 21 Stuyvesant Ave, Brooklyn | 2,566 | 09/22/2020 | |
| 1559 St Marks Ave, Brooklyn | 2,700 | 11/20/2024 | $990,000 |
| 1563 St Marks Ave, Brooklyn | 2,700 | 05/01/2006 | $337,646 |
| 10 Buffalo Ave, Brooklyn | 3,800 | 12/18/2013 | |
| 1567 St Marks Ave, Brooklyn | 2,700 | 07/07/2006 | $337,646 |
| 19 A Stuyvesant Ave, Brooklyn | 3,225 | 12/12/2005 | $637,000 |
| 1561 St Marks Ave, Brooklyn | 2,700 | 08/07/2006 | $338,997 |
| 1555 St Marks Ave, Brooklyn | 2,700 | 08/24/2006 | $337,646 |
| 1565 St Marks Ave, Brooklyn | 2,700 | 07/20/2006 | $337,646 |
| 277 Greene Ave, Brooklyn | 4,039 | 04/24/2023 | $6,206,814 |
| 1553 St Marks Ave, Brooklyn | 2,700 | 07/28/2006 | $337,646 |
| 1557 St Marks Ave, Brooklyn | 2,700 | 05/04/2006 | $337,646 |
| 3 Sutton St, Brooklyn | 6,138 | 04/15/2025 | $3,380,000 |
| 673 Meeker Ave, Brooklyn | 10,100 | 04/15/2025 | $2,077,000 |
| 356 Quincy St, Brooklyn | 3,484 | 09/23/2022 | $460,000 |