New York City  »  11221  »  Lexington Ave  »  885 Lexington Ave

885 Lexington Avenue, Brooklyn, NY 11221 Property Information

885 Lexington Avenue, Brooklyn, NY 11221 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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885 Lexington Avenue, Brooklyn, NY 11221 1
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Address

Primary address 885 Lexington Avenue
Neighborhood Bedford-Stuyvesant
Zip code 11221
Borough Brooklyn
Block & lot 01623-0056

Sales & Tax Overview for 885 Lexington Avenue, Brooklyn

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Tax class

Lot & Building Information for 885 Lexington Avenue, Brooklyn

Lot sq. ft. 2,000
Lot dimensions 20 ft x 100 ft
Property type Multi-Story Retail Building (2 or More) (K2)
Building sqft 3,600
Building dimensions 20 ft x 90 ft
Buildings on lot 1
Stories 2
Year built 1931
Construction type
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Zoning & Use for 885 Lexington Avenue, Brooklyn

Zoning
Commercial units 1
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 16
Community district 3
Closest police station 0.07 Miles
Closest fire station 0.50 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 885 Lexington Avenue, Brooklyn

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Floor area ratio (FAR) for 885 Lexington Avenue, Brooklyn, NY 11221, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 885 Lexington Avenue, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 885 Lexington Avenue, Brooklyn

How many square feet does 885 Lexington Avenue, Brooklyn, NY 11221 have?

This Multi-Story Retail Building (2 or More) (K2) located at 885 Lexington Avenue, Brooklyn, NY 11221 has a total of 3,600 square feet.

What is the year built & the current market value of 885 Lexington Avenue, Brooklyn, NY 11221?

885 Lexington Avenue, Brooklyn, NY 11221 was built in 1931 and has a current tax assessor's market value of $502,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 885 Lexington Avenue, Brooklyn

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Property owner name for 885 Lexington Avenue, Brooklyn, NY 11221
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Building contacts for 885 Lexington Avenue, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Huble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
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Past Sales & Property History for 885 Lexington Avenue, Brooklyn

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No recorded sales for this property.

Title Documents for 885 Lexington Avenue, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
10/25/2022 - R
09/15/2022 - D
Deed
(2022102400883001)
09/02/1999 - R Discharge of Tax Lien
(3280006772128)
08/24/1998 - R
06/12/1998 - D
Deed
(3820006193482)
06/18/1997 - R Tax Lien Sale Certificate
(3450005652645)
12/07/1972 - R Deed
(37230060000050)
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R: Recorded date
D: Document date

Property Taxes for 885 Lexington Avenue, Brooklyn

Access detailed property tax data for 885 Lexington Avenue, Brooklyn, NY 11221. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $21,996
Tax assessor's market value: $502,000
Assessed value: $225,900

Assessment History for 885 Lexington Avenue, Brooklyn

Here's the assessment & property tax history for 885 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 $460,000 $207,000 $185,850 10.848% $20,161 $20,161 +3.25%
2024/25 $444,000 $199,800 $181,440 10.762% $19,527 $19,527 +3.66%
2023/24 $430,000 $193,500 $177,840 10.592% $18,837 $18,837 +3.58%
2022/23 $417,000 $187,650 $170,820 10.646% $18,185 $18,185 +19.67%
2021/22 $314,000 $141,300 $141,300 10.755% $15,197 $15,197 -10.94%

Permits for 885 Lexington Avenue, Brooklyn

The complete history of permits filed for 885 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.

Filing date Job type Job status Job description Initial cost
07/30/2019 Alteration
07/11/2012 Alteration type 2
05/26/2000 Alteration type 1
         
         
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Linden St & Broadway at SW Corner
Station lines J-Z
Distance (miles) 0.133
View subway map

Neighbors for 885 Lexington Avenue, Brooklyn

Here are the neighbors for 885 Lexington Avenue, Brooklyn, NY 11221.

Address Square feet Purchase date Purchase price
857 Lexington Ave, Brooklyn 9,104 12/12/2024 $2,475,000
1272 Broadway, Brooklyn 2,840 03/05/2026
1262 Broadway, Brooklyn 26,560 03/15/2012 $300,000
853 Lexington Ave, Brooklyn 34,453 08/01/2019 $3,850,000
538 Lexington Ave, Brooklyn 2,400 12/13/2002
1268 Broadway, Brooklyn 9,240 05/12/2004
843 Lexington Ave, Brooklyn 41,201 04/30/2015 $3,000,000
542 Lexington Ave, Brooklyn 2,011 06/08/2020 $920,000
1260 Broadway, Brooklyn 6,000 05/25/2023
263 Marcus Garvey Blvd, Brooklyn
1254 Broadway, Brooklyn 6,720 06/27/2016 $1,640,000
891 Lexington Ave, Brooklyn 1,100 10/28/1999
1274 Broadway, Brooklyn 1,467 10/10/1984
1258 Broadway, Brooklyn 6,000 09/28/2004
881 Lexington Ave, Brooklyn 24,940 08/09/2011 $315,000
841 Lexington Ave, Brooklyn 1,800 11/05/1999
1276 Broadway, Brooklyn 4,626 06/10/2026 $2,900,000
540 Lexington Ave, Brooklyn 2,400 06/27/2016 $1,340,000
1266 Broadway, Brooklyn 3,416 07/09/1998
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