New York City » 11221 » Lexington Ave » 702 Lexington Ave

702 Lexington Avenue, Brooklyn, NY 11221 - Property report

Also known as: 702 Lexington Ave

Property image for 702 Lexington Avenue, Brooklyn, NY 11221

Property type

Two Family Converted from One Family (B3)

Year built

1905

Lot sq. ft.

1,875

Sale price

$2,150,000

General information

Address

Primary address

702 Lexington Avenue

ZIP code

11221

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01626-0032

Building

Property type

Two Family Converted from One Family (B3)

Building sq. ft.

1,912

Building dimensions

18.75 ft x 51 ft

Buildings on lot

Stories

Year built

1905

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

07/18/2022

Sale price

$2,150,000

Tax

Tax year

2026-2027

Property tax

$6,085

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

18.75 ft x 100 ft

Lot sq. ft.

1,875

Area overview

Walk score

80 /100. Very Walkable

Transit score

92 /100. Rider's Paradise

Bike score

69 /100. Bikeable

School district

Community district

Closest police station

0.35 Miles

Closest fire station

0.39 Miles

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

Ownership

Ownership information for 702 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 702 Lexington Avenue, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
07/18/2022	$2,150,000	XXXXXXXX, XXXXXXX XXX XXXXXXXX, XXXXXX	XXXXXXXX, XXXXXXX XXX XXXXXXXX, XXXXXXXXX
07/08/2016	$1,327,000	XXXXXXXX, XXXXXXX XXX XXXXXXXX, XXXXXXXXX	XXXXXXXXX XXXXXXXX XXX XXX
11/02/2015	$285,000	XXXXXXXXX XXXXXXXX XXX XXX	XXXXXXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/01/2023 - R 10/18/2023 - D	Assignment, Mortgage (2023103001420001)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
04/28/2023 - R 10/06/2022 - D	Discharge of Tax Lien (2023042600189001)	XXX XXXX XX XXX XXXX XXXXXX
08/22/2022 - R 07/18/2022 - D	Mortgage (2022072701354002)	XXXXXXXX XXXXXXX	XXXXX XXXXXXXX XXXX
08/22/2022 - R 07/18/2022 - D	Deed (2022072701354001)	XXXXXXXX XXXXXXX	XXXXXXXX XXXXXXX
05/11/2021 - R 05/04/2021 - D	Satisfaction of Mortgage (2021050400426001)	XXXXXXXX XXXXXXX	XXXXXXXXXX XXXX XXX
06/15/2021 - R 04/20/2021 - D	Mortgage (2021052800552001)	XXXXXXXX XXXXXXX	XXXX
07/22/2016 - R 07/08/2016 - D	Mortgage (2016071500342002)	XXXXXXXX XXXXXXX	XXXX
07/22/2016 - R 07/08/2016 - D	Deed (2016071500342001)	XXXXXXXXX XXXXXXXX XXX XXX	XXXXXXXX XXXXXXX
05/18/2016 - R 05/11/2016 - D	Release (2016051301322003)	XXXXXXXX XXXXXXX
05/18/2016 - R 05/06/2016 - D	Assignment, Mortgage (2016051301322002)	XXXXXXXX XXXX XXXXX XXXXXXX XXXXXXXX	XXXXXXXX XXXX XXXXX XXXXXXX XXXXXXXX XX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 702 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

$6,085

Municipal exemptions

Recent tax assessments

Market value

$1,537,000

Assessed value

$92,220

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	$1,172,000	$70,320	$30,642	19.843%	$6,080	$6,080	+1.29%
2024/25	$1,379,000	$82,740	$29,888	20.085%	$6,003	$6,003	+4.10%
2023/24	$1,302,000	$78,120	$28,711	20.085%	$5,767	$5,767	+4.83%
2022/23	$1,186,000	$71,160	$27,086	20.309%	$5,501	$5,501	+7.84%
2021/22	$944,000	$56,640	$25,553	19.963%	$5,101	$5,101	-5.08%
2020/21	$936,000	$56,160	$25,535	21.045%	$5,374	$5,374	+1.93%
2019/20	$1,035,000	$62,100	$24,907	21.167%	$5,272	$5,272	+1.80%
2018/19	$715,000	$42,900	$24,757	20.919%	$5,179	$5,179	+5.15%
2017/18	$806,000	$48,360	$24,161	20.385%	$4,925	$4,925	+151.61%
2016/17	$759,000	$45,540	$9,792	19.991%	$1,958	$1,958	+2.39%

Permits

Permit information for 702 Lexington Avenue, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	05/26/2006	I
	04/13/2006	B
	04/13/2006	B

*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

Patchen Ave & Broadway at NE Corner

Station lines

Distance (miles)

0.278

View subway map

Access the detailed traffic volume map for 702 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. 26 Jesse Owens	4	Yes	Public	PK, K-5	183	0.15
P.S. 26 Jesse Owens	4	Yes	Public	PK, K-5	183	0.15
La Cima Charter School	5	No	Charter	K-5	199	0.13
Uncommon Bed-Stuy East Middle School	7	No	Charter	5-8	342	0.13
P.S. 308 Clara Cardwell	3	No	Public	PK, K-8	212	0.22
P.S. 308 Clara Cardwell	3	No	Public	PK, K-8	212	0.22
Ember Charter School	7	No	Charter	K-12	423	0.22
P.S. 81 Thaddeus Stevens	3	No	Public	PK, K-5	213	0.29
P.S. 81 Thaddeus Stevens	3	No	Public	PK, K-5	213	0.29
Charles Churn Christian Academy	NR	No	Private	PK, K-12	0	0.30

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Uncommon Bed-Stuy East Middle School	7	No	Charter	5-8	342	0.13
Ms 267 Math Science And Technology	5	No	Public	6-8	149	0.13
Madiba Prep Middle School	6	No	Public	6-8	201	0.15
Jhs 57 Whitelaw Reid	3	No	Public	6-8	100	0.17
P.S. 308 Clara Cardwell	3	No	Public	PK, K-8	212	0.22
Ember Charter School	7	No	Charter	K-12	423	0.22
Charles Churn Christian Academy	NR	No	Private	PK, K-12	0	0.30
Brooklyn Excelsior Charter School	6	No	Charter	K-8	610	0.34
Excellence Girls Charter School	5	No	Charter	K-12	1,050	0.39
The Co-Op School	NR	No	Private	K-7	118	0.44

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
Brooklyn Emerging Leaders Academy Charter School	2	No	Charter	9-12	236	0.17
The Brooklyn Academy Of Global Finance	3	No	Public	9-12	190	0.17
Ember Charter School	7	No	Charter	K-12	423	0.22
Charles Churn Christian Academy	NR	No	Private	PK, K-12	0	0.30
EBC High School for Public Service-Bushwick	2	No	Public	9-12	445	0.36
Excellence Girls Charter School	5	No	Charter	K-12	1,050	0.39
Bushwick Leaders High School For Academic Excellence	3	No	Public	9-12	370	0.43
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.56
Brooklyn High School Law And Tech	3	No	Public	9-12	549	0.56

Frequently asked questions

What is the year built for 702 Lexington Avenue, Brooklyn, NY 11221?

The development at 702 Lexington Avenue, Brooklyn, NY 11221 was built in 1905.

What is the total square footage of 702 Lexington Avenue, Brooklyn, NY 11221?

702 Lexington Avenue, Brooklyn, NY 11221 has a total of 1,912 square feet.

When was 702 Lexington Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

702 Lexington Avenue, Brooklyn, NY 11221 was last sold on 07/18/2022 for $2,150,000.

What is the assessed value of 702 Lexington Avenue, Brooklyn, NY 11221?

702 Lexington Avenue, Brooklyn, NY 11221 is currently assessed at $92,220.

What are the property taxes for 702 Lexington Avenue, Brooklyn, NY 11221?

The property taxes for 702 Lexington Avenue, Brooklyn, NY 11221 total $6,084.

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.