New York City » 11221 » Lexington Ave » 542 Lexington Ave

542 Lexington Avenue, Brooklyn, NY 11221 - Property report

Also known as: 542 Lexington Ave

Property image for 542 Lexington Avenue, Brooklyn, NY 11221

Property type

Two Family Converted from One Family (B3)

Year built

1899

Lot sq. ft.

1,667

Sale price

$920,000

General information

Address

Primary address

542 Lexington Avenue

ZIP code

11221

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01624-0013

Building

Property type

Two Family Converted from One Family (B3)

Building sq. ft.

2,011

Building dimensions

16.67 ft x 40 ft

Buildings on lot

Stories

Year built

1899

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

06/08/2020

Sale price

$920,000

Tax

Tax year

2026-2027

Property tax

$2,584

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Lexington Avenue (wide)

Distance to wide street

Lot dimensions

16.67 ft x 100 ft

Lot sq. ft.

1,667

Area overview

Walk score

86 /100. Very Walkable

Transit score

93 /100. Rider's Paradise

Bike score

77 /100. Very Bikeable

School district

Community district

Closest police station

0.29 Miles

Closest fire station

0.25 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 542 Lexington Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 542 Lexington Avenue, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
06/08/2020	$920,000	XXXX, XXXXXXXX XXXXX	XXXXXX, XXXXX X XXX XXXXXX, XXXXXXXXX XXX XXXXX, XXXXXX XX XXX XXXXX, XXXX X XXX XXXXXX, XXXXXX X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/28/2026 - R 04/18/2026 - D	Mortgage (2026042800062001)	XXXX XXXXXXXX X	XXXX XXXXXXX XXXXXX XXXXX
07/29/2020 - R 07/28/2020 - D	Satisfaction of Mortgage (2020072900591001)	XXXXXX XXXXX	XXXXXXXX XXXX XXXXXXXX XXXXX XXXXXXX
07/22/2020 - R 07/16/2020 - D	Assignment, Mortgage (2020072100931001)	XXXX XX XXXXXXXX XXX XXXXXXXX XXXX XXX	XXXXXXXX XXXX XXXXXXXX XXXXX XXXXXXX
08/27/2021 - R 07/01/2020 - D	Satisfaction of Mortgage (2021082401426002)	XXXX XXXXXXX XXXXX	XXXXXX XXXXX X
08/27/2021 - R 06/30/2020 - D	Assignment, Mortgage (2021082401426001)	XXX XXXXXXXX XXXXXXX XXX	XXXX XXXXXXX XXXXX
06/25/2020 - R 06/19/2020 - D	Satisfaction of Mortgage (2020062500389001)	XXXXXX XXXXX X	XXXXXXX XXXX
06/18/2020 - R 06/08/2020 - D	Sundry Agreement (2020061700617001)	XXXX XXXXXXXX XXXXX	XXXX XX XXXXXXX X X
06/12/2020 - R 06/08/2020 - D	Sundry Agreement (2020060900792003)	XXXX XXXXXXXX XXXXX	XXXXXXXXXXXX XXXXXXXXXX XXXXXXXXXXX XX XXXXXXX
06/12/2020 - R 06/08/2020 - D	Mortgage (2020060900792002)	XXXX XXXXXXXX XXXXX	XXXX XX XXXXXXX X X
06/12/2020 - R 06/08/2020 - D	Deed (2020060900792001)	XXXXXX XXXXX X	XXXX XXXXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 542 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

$2,584

Municipal exemptions

Recent tax assessments

Market value

$1,428,000

Assessed value

$85,680

More about New York City property taxes

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	$1,463,000	$87,780	$12,288	19.843%	$2,438	$2,438	+4.60%
2024/25	$1,156,000	$69,360	$11,606	20.085%	$2,331	$2,331	0.00%
2023/24	$1,402,000	$84,120	$11,606	20.085%	$2,331	$2,331	-0.19%
2022/23	$1,194,000	$71,640	$11,500	20.309%	$2,336	$2,336	+7.83%
2021/22	$1,212,000	$72,720	$10,852	19.963%	$2,166	$2,166	+16.56%
2020/21	$1,470,000	$88,200	$8,830	21.045%	$2,155	$1,858	+6.13%
2019/20	$1,329,000	$79,740	$8,272	21.167%	$2,047	$1,751	+1.92%
2018/19	$1,142,000	$68,520	$8,212	20.919%	$2,023	$1,718	+3.87%
2017/18	$901,000	$54,060	$8,113	20.385%	$1,953	$1,654	+10.41%
2016/17	$842,000	$50,520	$7,493	19.991%	$1,808	$1,498	+10.17%

Permits

Permit information for 542 Lexington Avenue, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Stuyvesant Heights residential market stats

Access a detailed real estate market overview of Stuyvesant Heights so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Stuyvesant Heights and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Broadway & Myrtle Ave at NW Corner

Station lines

J-M-Z

Distance (miles)

0.578

View subway map

Access the detailed traffic volume map for 542 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 308 Clara Cardwell	3	Yes	Public	PK, K-8	212	0.18
P.S. 308 Clara Cardwell	3	Yes	Public	PK, K-8	212	0.18
The Co-Op School	NR	No	Private	K-7	118	0.11
Ember Charter School	7	No	Charter	K-12	423	0.18
P.S. 25 Eubie Blake School	3	No	Public	PK, K-5	60	0.21
P.S. 25 Eubie Blake School	3	No	Public	PK, K-5	60	0.21
Success Academy Charter School-Nyc 9	9	No	Charter	5-8	232	0.21
P.S. 44 Marcus Garvey	3	No	Public	PK, K-5	119	0.22
P.S. 44 Marcus Garvey	3	No	Public	PK, K-5	119	0.22
La Cima Charter School	5	No	Charter	K-5	199	0.34

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
The Co-Op School	NR	No	Private	K-7	118	0.11
P.S. 308 Clara Cardwell	3	No	Public	PK, K-8	212	0.18
Ember Charter School	7	No	Charter	K-12	423	0.18
Success Academy Charter School-Nyc 9	9	No	Charter	5-8	232	0.21
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.22
Jhs 57 Whitelaw Reid	3	No	Public	6-8	100	0.34
Ms 267 Math Science And Technology	5	No	Public	6-8	149	0.34
Uncommon Bed-Stuy East Middle School	7	No	Charter	5-8	342	0.34
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.36
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.38

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Boys and Girls High School	2	Yes	Public	9-12	403	0.79
Ember Charter School	7	No	Charter	K-12	423	0.18
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.22
Brooklyn Emerging Leaders Academy Charter School	2	No	Charter	9-12	236	0.34
The Brooklyn Academy Of Global Finance	3	No	Public	9-12	190	0.34
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.36
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.38
Walk In Love Christian Academy	NR	No	Private	PK, K-12	291	0.44
Brooklyn Academy High School	NR	No	Public	10-12	82	0.54
Bedford Stuyvesant Prepretory High School	NR	No	Public	10-12	102	0.57

Neighbors for 542 Lexington Avenue, Brooklyn, NY

Frequently asked questions

What is the year built for 542 Lexington Avenue, Brooklyn, NY 11221?

The development at 542 Lexington Avenue, Brooklyn, NY 11221 was built in 1899.

What is the total square footage of 542 Lexington Avenue, Brooklyn, NY 11221?

542 Lexington Avenue, Brooklyn, NY 11221 has a total of 2,011 square feet.

When was 542 Lexington Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

542 Lexington Avenue, Brooklyn, NY 11221 was last sold on 06/08/2020 for $920,000.

What is the assessed value of 542 Lexington Avenue, Brooklyn, NY 11221?

542 Lexington Avenue, Brooklyn, NY 11221 is currently assessed at $85,680.

What are the property taxes for 542 Lexington Avenue, Brooklyn, NY 11221?

The property taxes for 542 Lexington Avenue, Brooklyn, NY 11221 total $2,583.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.