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881 Lexington Avenue, Brooklyn, NY 11221 Property Information

881 Lexington Avenue, Brooklyn, NY 11221 Property Information

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

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

Sales & Tax Overview for 881 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 08/09/2011
Purchase price $315,000
Tax class
Estimated property tax $20,095

Lot & Building Information for 881 Lexington Avenue, Brooklyn

Lot sqft 6,000
Lot dimensions 60 ft x 100 ft
Building class Elevator Apartment - Fireproof with Stores (D6)
Building sqft 24,940
Building dimensions 60 ft x 67 ft
Buildings on lot 1
Stories 6
Year built 2020
Construction type
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Zoning & Use for 881 Lexington Avenue, Brooklyn

Zoning
Residential units (DOF) 24
Regulated units
Commercial units 1
Residential sqft
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 881 Lexington Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 881 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 881 Lexington Avenue, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 881 Lexington Avenue, Brooklyn

How many sq. ft. does 881 Lexington Avenue, Brooklyn, NY 11221 have & what is the price per sq. ft?

This Elevator Apartment - Fireproof with Stores (D6) located at 881 Lexington Avenue, Brooklyn, NY 11221 has a total of 24,940 square feet and a current price per square foot of $12.

What is the year built & the current market value of 881 Lexington Avenue, Brooklyn, NY 11221?

881 Lexington Avenue, Brooklyn, NY 11221 was built in 2020 and has a current tax assessor's market value of $4,761,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 881 Lexington Avenue, Brooklyn

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Property owner name for 881 Lexington Avenue, Brooklyn, NY 11221
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Building contacts for 881 Lexington Avenue, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 881 Lexington Avenue, Brooklyn

Create a free account to view the complete sales history for 881 Lexington Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
08/09/2011 $315,000

Title Documents for 881 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
03/22/2023 - R UCC3 Termination
(2023032000803006)
03/22/2023 - R UCC3 Termination
(2023032000803005)
03/22/2023 - R UCC3 Termination
(2023032000803004)
03/15/2023 - R Initial UCC1
(2023031500341001)
03/14/2023 - D
03/22/2023 - R
Assignment of Leases and Rents
(2023032000803012)
03/14/2023 - D
03/22/2023 - R
Agreement
(2023032000803011)
03/14/2023 - D
03/22/2023 - R
Mortgage
(2023032000803010)
03/09/2023 - D
03/22/2023 - R
Assignment, Mortgage
(2023032000803009)
03/09/2023 - D
03/22/2023 - R
Assignment, Mortgage
(2023032000803008)
03/09/2023 - D
03/22/2023 - R
Assignment, Mortgage
(2023032000803007)
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R: Recorded date
D: Document date

Property Taxes for 881 Lexington Avenue, Brooklyn

Access detailed property tax data for 881 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: $20,095
Estimated property tax: $20,095
Tax assessor's market value: $4,761,000
Assessed value: $2,142,450
Exemptions granted by city:

Assessment History for 881 Lexington Avenue, Brooklyn

Here's the assessment & property tax history for 881 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 $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%

Permits for 881 Lexington Avenue, Brooklyn

The complete history of permits filed for 881 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
11/25/2022 Alteration
02/06/2022 Alteration
02/06/2022 Alteration
01/05/2021 Alteration
12/08/2020 Alteration
11/03/2020 Alteration
10/28/2020 Alteration
10/09/2020 Alteration
10/06/2020 Alteration
10/03/2020 Alteration
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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 Q4/2025
$495
12.2% YoY
Median Price/Sqft Q3/2025
$496
6.7% YoY
Median Price/Sqft 2025
$492
6.6% 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) 0.14
View subway map
Bus Routes
Name Broadway/Greene Av
Line B47
Distance (miles) 0.034

Neighbors for 881 Lexington Avenue, Brooklyn

Here are the neighbors for 881 Lexington Avenue, Brooklyn, NY 11221.

Address Square feet Purchase date Purchase price
857 Lexington Ave, Brooklyn 9,104 12/12/2024 $2,475,000
885 Lexington Ave, Brooklyn 3,600 09/15/2022
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
542 A Lexington Ave, Brooklyn 2,001 06/27/1997
1260 Broadway, Brooklyn 6,000 05/25/2023
263 Marcus Garvey Blvd, Brooklyn
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
841 Lexington Ave, Brooklyn 1,800 11/05/1999
1276 Broadway, Brooklyn 4,626 10/22/1998
540 Lexington Ave, Brooklyn 2,400 06/27/2016 $1,340,000
1266 Broadway, Brooklyn 3,416 07/09/1998
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