Kings  »  11221  »  Lexington Ave  »  881 Lexington Ave

881 Lexington Avenue, Brooklyn, NY 11221 - Property report

Also known as: 881 Lexington Ave

Property image for 881 Lexington Avenue, Brooklyn, NY 11221
static Mapbox map

Property type

Elevator Apartment - Fireproof with Stores (D6)

Year built

2020

Lot sq. ft.

6,000

Sale price

$315,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
881 Lexington Avenue
ZIP code
11221
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01623-0057

Owner

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Building
Property type
Elevator Apartment - Fireproof with Stores (D6)
Building sq. ft.
24,940
Building dimensions
60 ft x 67 ft
Buildings on lot
1
Stories
6
Year built
2020
Building material
Sales
Sale date
08/09/2011
Sale price
$315,000
Tax
Tax year
2026-2027
Property tax
$20,095
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
24
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
60 ft x 100 ft
Lot sq. ft.
6,000

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
94 /100.  Rider's Paradise
Bike score
71 /100.  Very Bikeable
School district
16
Community district
3
Closest police station
0.07 Miles
Closest fire station
0.50 Miles

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Ownership information for 881 Lexington Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 881 Lexington Avenue, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
08/09/2011 $315,000 XXX XXXXXXXXX XXXXXX XXX XXXXXX, XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/22/2023 - R UCC3 Termination
(2023032000803006)
XXX XXXXXXXXX XXXXXX XXX XXXXXXXX XXXX X X
03/22/2023 - R UCC3 Termination
(2023032000803005)
XXX XXXXXXXXX XXXXXX XXX XXXXXXXX XXXX X X
03/22/2023 - R UCC3 Termination
(2023032000803004)
XXX XXXXXXXXX XXXXXX XXX XXXXXXXX XXXX X X
03/15/2023 - R Initial UCC1
(2023031500341001)
XXX XXXXXXXXX XXXXXX XXX XX XXXX X X
03/22/2023 - R
03/14/2023 - D
Assignment of Leases and Rents
(2023032000803012)
XXX XXXXXXXXX XXXXXX XXX XX XXXX X X
03/22/2023 - R
03/14/2023 - D
Agreement
(2023032000803011)
XXX XXXXXXXXX XXXXXX XXX XX XXXX X X
03/22/2023 - R
03/14/2023 - D
Mortgage
(2023032000803010)
XXX XXXXXXXXX XXXXXX XXX XX XXXX X X
03/22/2023 - R
03/09/2023 - D
Assignment, Mortgage
(2023032000803009)
XXXXXXXX XXXX X X XX XXXX X X
03/22/2023 - R
03/09/2023 - D
Assignment, Mortgage
(2023032000803008)
XXXXXXXX XXXX X X XX XXXX X X
03/22/2023 - R
03/09/2023 - D
Assignment, Mortgage
(2023032000803007)
XXXXXXXX XXXX X X XX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 881 Lexington Avenue, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$20,095
Municipal exemptions
Recent tax assessments
Market value
$5,238,000
Assessed value
$2,357,100

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $4,761,000 $2,142,450 $161,550 12.439% $266,499 $20,095 -0.49%
2024/25 $4,537,000 $2,041,650 $161,550 12.5% $255,206 $20,194 -0.02%
2023/24 $4,982,000 $2,241,900 $161,550 12.502% $272,091 $20,197 -89.98%
2022/23 $3,858,000 $1,736,100 $1,643,490 12.267% $201,607 $201,607 +623.10%
2021/22 $750,000 $337,500 $227,880 12.235% $27,881 $27,881 +40.28%
2020/21 $413,000 $185,850 $185,850 10.694% $19,875 $19,875 +16.76%
2019/20 $359,000 $161,550 $161,550 10.537% $17,023 $17,023 -19.87%
2018/19 $449,000 $202,050 $202,050 10.514% $21,244 $21,244 -3.11%
2017/18 $561,000 $252,450 $208,527 10.514% $21,925 $21,925 +6.37%
2016/17 $509,000 $229,050 $194,933 10.574% $20,612 $20,612 +4.64%

Permit information for 881 Lexington Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/25/2022 Alteration
02/06/2022 Alteration
02/06/2022 Alteration
01/05/2021 Alteration
12/08/2020 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Linden St & Broadway at SW Corner
Station lines
J-Z
Distance (miles)
0.14

Access the detailed traffic volume map for 881 Lexington Avenue, Brooklyn, NY 11221 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 881 Lexington Avenue, Brooklyn, NY 11221?

The development at 881 Lexington Avenue, Brooklyn, NY 11221 was built in 2020.

What is the market value of 881 Lexington Avenue, Brooklyn, NY 11221?

The current market value of 881 Lexington Avenue, Brooklyn, NY 11221 is $5,238,000.

What is the total square footage of 881 Lexington Avenue, Brooklyn, NY 11221?

881 Lexington Avenue, Brooklyn, NY 11221 has a total of 24,940 square feet.

What is the price per square foot for this property?

$12 per square foot is the price for 881 Lexington Avenue, Brooklyn, NY 11221.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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