New York City » 11221 » Lexington Ave » 554 Lexington Ave

554 Lexington Avenue, Brooklyn, NY 11221 - Property report

Also known as: 554 Lexington Ave

Property image for 554 Lexington Avenue, Brooklyn, NY 11221

Property type

Two Family Converted from One Family (B3)

Year built

1899

Lot sq. ft.

1,667

Sale price

$950,000

General information

Address

Primary address

554 Lexington Avenue

ZIP code

11221

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01624-0022

Building

Property type

Two Family Converted from One Family (B3)

Building sq. ft.

2,001

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

03/25/2015

Sale price

$950,000

Tax

Tax year

2026-2027

Property tax

$2,354

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

0.32 Miles

Closest fire station

0.24 Miles

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

Ownership

Ownership information for 554 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 554 Lexington Avenue, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
03/25/2015	$950,000	XXXXX, XXXXX XXX XXXXX, XXXXXXXX X	XXX XXXXXXX XXXXXXXXXXX
08/14/2013	$10	XXX XXXXXXX XXXXXXXXXXX	XXX XXXXXXXXX XXXXXX XXX
06/12/2013	$400,000	XXX XXXXXXXXX XXXXXX XXX	XXXXXXX, XXXXXXXXXX XXX XXXXXXX, XXXXX XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/09/2021 - R 11/01/2021 - D	Satisfaction of Mortgage (2021110400080001)	XXXXX XXXXXXXX X	XXXXXXXX XXXX XXX
10/25/2021 - R 10/08/2021 - D	Mortgage (2021101900240001)	XXXXX XXXXXXXX X	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
04/10/2018 - R 04/05/2018 - D	Satisfaction of Mortgage (2018040600372001)	XXXXX XXXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
03/29/2018 - R 03/19/2018 - D	Mortgage (2018032100240002)	XXXXX XXXXXXXX X	XXXXXXXX XXXX XXX
03/29/2018 - R 03/19/2018 - D	Deed (2018032100240001)	XXXXX XXXXX	XXXXX XXXXXXXX X
04/15/2015 - R 03/25/2015 - D	Mortgage (2015040600311002)	XXXXX XXXXX	XXXX
04/15/2015 - R 03/25/2015 - D	Deed (2015040600311001)	XXX XXXXXXX XXXXXXXXXXX	XXXXX XXXXX
12/26/2013 - R 11/04/2013 - D	Release (2013110800072002)	XXXXXXX XXXXXXXXXX	XXXXXXXX XXXXX XXXX X X
12/26/2013 - R 11/04/2013 - D	Assignment, Mortgage (2013110800072001)	XXXXXXXXXX XXXXXXX	XXXXXXXX XXXXX XXXX X X
10/04/2013 - R 08/14/2013 - D	Deed (2013100201239001)	XXX XXXXXXXXX XXXXXX XXX	XXX XXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 554 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

$2,354

Municipal exemptions

Recent tax assessments

Market value

$1,421,000

Assessed value

$85,260

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	$1,456,000	$87,360	$11,390	19.843%	$2,260	$2,260	+4.71%
2024/25	$1,150,000	$69,000	$10,747	20.085%	$2,159	$2,159	+4.16%
2023/24	$1,396,000	$83,760	$10,318	20.085%	$2,072	$2,072	+3.22%
2022/23	$1,189,000	$71,340	$9,886	20.309%	$2,008	$2,008	+1.71%
2021/22	$1,207,000	$72,420	$9,886	19.963%	$1,974	$1,974	-1.18%
2020/21	$1,464,000	$87,840	$9,492	21.045%	$1,998	$1,998	+5.37%
2019/20	$1,323,000	$79,380	$8,956	21.167%	$1,896	$1,896	+5.40%
2018/19	$1,132,000	$67,920	$8,598	20.919%	$1,799	$1,799	+7.10%
2017/18	$899,000	$53,940	$8,238	20.385%	$1,679	$1,679	+1.97%
2016/17	$819,000	$49,140	$8,238	19.991%	$1,647	$1,647	+6.47%

Permits

Permit information for 554 Lexington Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
02/07/2014	Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	06/16/2002	B
	05/17/2002	B
	05/17/2002	C

*Most recent HPD violations on record 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)

0.567

View subway map

Access the detailed traffic volume map for 554 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	0.16
P.S. 308 Clara Cardwell	3	Yes	Public	PK, K-8	212	0.16
The Co-Op School	NR	No	Private	K-7	118	0.12
Ember Charter School	7	No	Charter	K-12	423	0.16
P.S. 25 Eubie Blake School	3	No	Public	PK, K-5	60	0.22
P.S. 25 Eubie Blake School	3	No	Public	PK, K-5	60	0.22
Success Academy Charter School-Nyc 9	9	No	Charter	5-8	232	0.22
P.S. 44 Marcus Garvey	3	No	Public	PK, K-5	119	0.24
P.S. 44 Marcus Garvey	3	No	Public	PK, K-5	119	0.24
La Cima Charter School	5	No	Charter	K-5	199	0.31

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	0.12
P.S. 308 Clara Cardwell	3	No	Public	PK, K-8	212	0.16
Ember Charter School	7	No	Charter	K-12	423	0.16
Success Academy Charter School-Nyc 9	9	No	Charter	5-8	232	0.22
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.24
Jhs 57 Whitelaw Reid	3	No	Public	6-8	100	0.31
Ms 267 Math Science And Technology	5	No	Public	6-8	149	0.31
Uncommon Bed-Stuy East Middle School	7	No	Charter	5-8	342	0.31
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.39
Madiba Prep Middle School	6	No	Public	6-8	201	0.39

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	0.78
Ember Charter School	7	No	Charter	K-12	423	0.16
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.24
Brooklyn Emerging Leaders Academy Charter School	2	No	Charter	9-12	236	0.31
The Brooklyn Academy Of Global Finance	3	No	Public	9-12	190	0.31
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.39
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.41
Walk In Love Christian Academy	NR	No	Private	PK, K-12	291	0.46
Brooklyn Academy High School	NR	No	Public	10-12	82	0.57
Bedford Stuyvesant Prepretory High School	NR	No	Public	10-12	102	0.60

Frequently asked questions

What is the year built for 554 Lexington Avenue, Brooklyn, NY 11221?

The development at 554 Lexington Avenue, Brooklyn, NY 11221 was built in 1899.

What is the total square footage of 554 Lexington Avenue, Brooklyn, NY 11221?

554 Lexington Avenue, Brooklyn, NY 11221 has a total of 2,001 square feet.

When was 554 Lexington Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

554 Lexington Avenue, Brooklyn, NY 11221 was last sold on 03/25/2015 for $950,000.

What is the assessed value of 554 Lexington Avenue, Brooklyn, NY 11221?

554 Lexington Avenue, Brooklyn, NY 11221 is currently assessed at $85,260.

What are the property taxes for 554 Lexington Avenue, Brooklyn, NY 11221?

The property taxes for 554 Lexington Avenue, Brooklyn, NY 11221 total $2,353.

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.